Proceeding No. 20080121376

Hearing Panel Decision in Department of Market Regulation v. Gregory Richard Imbruce

January 7, 2011

Respondent willfully violated Rule 105 of Regulation M under the Securities Exchange Act of 1934, and Conduct Rule 2110 by purchasing equity securities in a secondary offering from a participating underwriter, after having sold short the same equity securities during the restricted period. Respondent is censured, fined $50,000, and suspended from associating in any capacity with any member firm for 30 business days.


This decision has been appealed.

View Decision (PDF 52 KB)