Defendant Name:
Joseph Thompson Weller
Defendant Type:
Individual
Initial Case Details
Legal Case Name
In the Matter of Morgan Asset Management, Inc. Morgan Keegan & Company, Inc. James C. Kelsoe, Jr.; and Joseph Thompson Weller, CPA
First Document Date
07-Apr-2010
Initial Filing Format
Administrative Action
File Number
3-13847
Allegation Type
Investment Advisers/Investment Companies
AAER
3125
Affiliations
- Current: Controller/Comptroller at Morgan Keegan & Company, Inc. (From 1992)
- Current: Broker/Registered Representative at Morgan Keegan & Company, Inc. (From December 1997)
- Current: Head of Fund Accounting Department at Morgan Keegan & Company, Inc. (From 1992)
Violations Alleged
•
Sec 17(a) (Not specified)
•
Sec 34(b) Investment Company Act
Additionally,
Morgan Keegan & Company, Inc. is alleged to have aided and abetted Joseph Thompson Weller's violation of Section 34(b) Investment Company Act (willfully/knowingly).
Morgan Keegan & Company, Inc. is alleged to have caused Joseph Thompson Weller's violation of Section 34(b) Investment Company Act.
Related Violations Alleged
Joseph Thompson Weller is alleged to have aided and abetted
Morgan Keegan & Company, Inc.'s violation of Sec 10(b) + Rule 10b-5 of the Exchange Act (willfully/knowingly).
Joseph Thompson Weller is alleged to have aided and abetted
Morgan Asset Management, Inc.'s violation of Sec 10(b) + Rule 10b-5 of the Exchange Act (willfully/knowingly).
Joseph Thompson Weller is alleged to have aided and abetted
Morgan Keegan & Company, Inc.'s violation of Rule 22c-1 Investment Company Act (willfully/knowingly).
Joseph Thompson Weller is alleged to have aided and abetted an unidentified individual or entity's violation of Rule 38a-1 Investment Company Act (willfully/knowingly).
Joseph Thompson Weller is alleged to have caused an unidentified individual or entity's violation of Rule 38a-1 Investment Company Act.
Joseph Thompson Weller is alleged to have aided and abetted Helios Select Fund, Inc.'s violation of Rule 38a-1 Investment Company Act (willfully/knowingly).
Joseph Thompson Weller is alleged to have aided and abetted Helios High Income Fund, Inc.'s violation of Rule 38a-1 Investment Company Act (willfully/knowingly).
Joseph Thompson Weller is alleged to have aided and abetted Helios Multi-Sector High Income Fund, Inc.'s violation of Rule 38a-1 Investment Company Act (willfully/knowingly).
Joseph Thompson Weller is alleged to have aided and abetted Helios Strategic Income Fund, Inc.'s violation of Rule 38a-1 Investment Company Act (willfully/knowingly).
Joseph Thompson Weller is alleged to have aided and abetted Helios Advantage Income Fund, Inc.'s violation of Rule 38a-1 Investment Company Act (willfully/knowingly).
Joseph Thompson Weller is alleged to have caused Helios Select Fund, Inc.'s violation of Rule 38a-1 Investment Company Act.
Joseph Thompson Weller is alleged to have caused Helios High Income Fund, Inc.'s violation of Rule 38a-1 Investment Company Act.
Joseph Thompson Weller is alleged to have caused Helios Multi-Sector High Income Fund, Inc.'s violation of Rule 38a-1 Investment Company Act.
Joseph Thompson Weller is alleged to have caused Helios Strategic Income Fund, Inc.'s violation of Rule 38a-1 Investment Company Act.
Joseph Thompson Weller is alleged to have caused Helios Advantage Income Fund, Inc.'s violation of Rule 38a-1 Investment Company Act.
Resolutions
Bars:
- Bar on practicing before the SEC as an Accountant for 2 years
- Bar from participating in any penny stock offering for 12 months
- Bar on association in a supervisory capacity with any broker, dealer, investment adviser, municipal securities dealer, municipal advisor, transfer agent, or nationally recognized statistical rating organization for 12 months
First Resolution Date
22-Jun-2011
Headline Total Penalty and Disgorgement
$100,300,000
Other Defendants in Action:
