Defendant Name:
J. Michael Scarborough
Defendant Type:
Individual
Document Reference:
33-8438
Document Details
Legal Case Name
In the Matter of J. Michael Scarborough and Royal Alliance Associates, Inc.
Document Name
Order Instituting Administrative and Cease-and-Desist Proceedings, Making Findings, and Imposing Remedial Sanctions and a Cease-and-Desist Order Pursuant to Section 8A of the Securities Act of 1933 and Section 15(b) of the Securities Exchange Act of 1934
Document Date
08-Jul-2004
Document Format
Administrative Proceeding
Allegation Type
Broker Dealer
Disgorgement & Penalty Information
Resolutions
Cease and Desist Order
Other Compliance Related Undertaking
Bars:
- Bar on association with a broker, dealer, investment adviser, municipal securities dealer, municipal advisor, transfer agent, or nationally recognized statistical rating organization for 9 months
Monetary Penalties:
Disgorgement
Individual:
$2,111,084.00
Shared:
Civil Penalty
Individual:
$50,000.00
Shared:
Pre-Judgment Interest
(Penalty was noted in document, but no amount was listed)
Other Defendants in Action:
