Defendant Name:
Anthony A. Falsetta
Defendant Type:
Individual
Document Reference:
33-10972
Document Details
Legal Case Name
In the Matter of Anthony A. Falsetta
Document Name
Order Instituting Administrative and Cease-and-Desist Proceedings, Pursuant to Section 8A of the Securities Act of 1933, Sections 15(b), 15B(c), and 21C of the Securities Exchange Act of 1934, and Section 9(b) of the Investment Company Act of 1940, Making Findings, and Imposing Remedial Sanctions and a Cease-and-Desist Order
Document Date
31-Aug-2021
Document Format
Administrative Proceeding
Allegation Type
Municipal Securities & Public Pensions
Disgorgement & Penalty Information
Resolutions
Cease and Desist Order
The Commission ordered that payment of disgorgement and prejudgment amounts "is waived based upon Respondent’s sworn representations in his Statement of Financial Condition dated March 12, 2020, as updated on March 4, 2021 and July 23, 2021, and other documents submitted to the Commission."
Bars:
- Bar on association with a broker, dealer, investment adviser, municipal securities dealer, municipal advisor, transfer agent, or nationally recognized statistical rating organization (of unspecified duration)
- Bar from participating in any penny stock offering (of unspecified duration)
- 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 (of unspecified duration)
Monetary Penalties:
Disgorgement
Individual:
$122,353.00
Shared:
Civil Penalty
Individual:
$40,000.00
Shared:
Pre-Judgment Interest
Individual:
$24,228.64
Shared:
