Defendant Name:
William C. Thater
Defendant Type:
Individual
Document Reference:
33-8832
Document Details
Legal Case Name
In the Matter of General American Life Insurance Company and William C. Thater
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, Sections 15(b) and 21C of the Securities and Exchange Act of 1934, and Sections 9(b) and 9(f) of the Investment Company Act of 1940
Document Date
09-Aug-2007
Document Format
Administrative Proceeding
Allegation Type
Investment Advisers/Investment Companies
Disgorgement & Penalty Information
Resolutions
Cease and Desist Order
Bars:
- Bar on association with a broker, dealer, investment adviser, municipal securities dealer, municipal advisor, transfer agent, or nationally recognized statistical rating organization for 3 years
- Prohibited from serving in various capacities for an advisory board, investment adviser or depositor of, or principal underwriter for, a registered investment company or affiliated person of such investment adviser, depositor, or principal underwriter for 3 years
Monetary Penalties:
Disgorgement
Individual:
$100,000.00
Shared:
Civil Penalty
Individual:
$50,000.00
Shared:
Pre-Judgment Interest
Individual:
$13,137.49
Shared:
Total Penalty
Individual:
$163,137.49
Shared:
Other Defendants in Action:
