The allegations read: Sec admin release 34-86595, ia release 5316 / august 7, 2019: the securities and exchange commission deems it appropriate and in the public interest that public administrative proceedings be instituted against sean kelly ("respondent" or "kelly").
after an investigation, the division of enforcement alleges that on july 11, 2019, a final judgment was entered against kelly, permanently enjoining him from future violations of sections 17(a) of the securities act of 1933 ("securities act"), section 10(b) of the exchange act and rule 10b-5 thereunder, and sections 206(1) and (2) of the advisers act, in the civil action entitled securities and exchange commission v. Kelly, et al., civil action number 1:18-cv-4939, in the united states district court for the northern district of georgia.
