Defendant Name: Brian J. Ourand

Defendant Type: Individual

Document Reference: ID-987

Document Details

Legal Case Name In the Matter of Brian J. Ourand
Document Name Initial Decision
Document Date 29-Mar-2016
Document Format Administrative Proceeding
File Number 3-16590
Administrative Law Judge Carol Fox Foelak
Allegation Type Investment Advisers/Investment Companies
Document Summary

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 (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 permanent duration)
Monetary Penalties:

Disgorgement

Individual:     $671,367.00 Shared:    

Civil Penalty

Individual:     $300,000.00 Shared:    

Pre-Judgment Interest

(Penalty was noted in document, but no amount was listed)

Related Documents:

IA-4115 15-Jun-2015 Administrative Proceeding
Order Instituting Administrative and Cease-And-Desist Proceedings Pursuant to Sections 203(f) And 203(k) of the Investment Advisers Act of 1940 and Section 9(b) of the Investment Company Act of 1940

Related Actions:

In the Matter of SFX Financial Advisory Management Enterprises, Inc. and Eugene S. Mason
SFX Financial Advisory Management Enterprises, Inc.
Eugene S. Mason
In the Matter of Santos, Postal & Company, P.C. and Joseph A. Scolaro, CPA
Santos, Postal & Company, P.C.
Joseph A. Scolaro, CPA