This scheme involves the creation / adjudication of Fair Fund and Disgorgement Plans (Plans). It appears such plans are created as the result of a previously adjudicated enforcement action. The creation of a Plan appears to be (at least somewhat) separate from the previous adjudication, making it an adjudication in its own right (with its own distinct set of interested parties). A plan is created for the benefit of those (presumably other private parties) who were negatively impacted by a violation of the Securities and Exchange Act (or other SEC administered Act).
Note: The Securities and Exchange Commission did not participate in this survey. The information included in this database was derived from publicly available sources.
|Level||Name of Office||Are administrative appeals permitted from final decisions at this stage?|