2023-18552. Notice of Intention To Cancel Registration of Certain Municipal Advisors Pursuant to Section 15b(c)(3) of the Securities Exchange Act of 1934
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August 23, 2023.
Notice is given that the Securities and Exchange Commission (the “Commission”) intends to issue an order or orders, pursuant to section 15B(c)(3) of the Securities Exchange Act of 1934 (the “Act”), cancelling the registrations of the municipal advisors whose names appear in the attached Appendix (hereinafter referred to as the “registrants”).
Section 15B(c)(3) of the Act provides, in pertinent part, that if the Commission finds that any municipal advisor registered under section 15B is no longer in existence or has ceased to do business as a municipal advisor, the Commission, by order, shall cancel the registration of such municipal advisor.
The Commission finds that each registrant listed in the attached Appendix:
(i) has not filed any municipal advisor form submissions with the Commission through the Commission's Electronic Data Gathering and Retrieval (“EDGAR”) system since February 2022 (including but not limited to the annual amendments (form MA–A) required by 17 CFR 240.15Ba1–5(a)(1)); and/or
(ii) based on information available from the Municipal Securities Rulemaking Board (the “MSRB”), (a) is not registered as a municipal advisor with the MSRB under MSRB Rule A–12(a) and/or (b) does not have an associated person who is qualified as a municipal advisor representative under MSRB Rule G–3(d) and for whom there is a Form MA–I required by 17 CFR 240.15Ba1–2(b) available on EDGAR, and/or (c) has not, since February 2022, filed with the MSRB any Form A–12 annual affirmation as required by MSRB Rule A–12(k); and/or withdrew its registration from the MSRB without first withdrawing its registration from the Commission.
Accordingly, the Commission finds that each of the registrants listed in the attached Appendix either is no longer in existence or has ceased to do business as a municipal advisor.
Notice is also given that any interested person may, by September 25, 2023 at 5:30 p.m. Eastern Time, submit to the Commission in writing a request for a hearing on the cancellation of the registration of any registrant listed in the attached Appendix, accompanied by a statement as to the nature of such person's interest, the reason for such request, and the issues, if any, of fact or law proposed to be controverted, and such person may request to be notified if the Commission should order a hearing thereon. Any such communication should be addressed to the Commission's Secretary at the address below. All comments or requests received will be posted without change; the Commission does not edit personal identifying information from submissions. You should submit only information that you wish to make available publicly.
At any time after September 25, 2023, the Commission may issue an order or orders cancelling the registrations of any or all of the registrants listed in the attached Appendix, upon the basis of the information stated above, unless an order or orders for a hearing on the cancellation shall be issued upon request or upon the Commission's own motion. Persons who requested a hearing, or to be advised as to whether a hearing is ordered, will receive any notices and orders issued in this matter, including the date of the hearing (if ordered) and any postponements thereof. Any registrant whose registration is cancelled under delegated authority may appeal that decision directly to the Commission in accordance with Rules 430 and 431 of the Commission's rules of practice (17 CFR 201.430 and 431).
ADDRESSES:
Secretary, U.S. Securities and Exchange Commission, 100 F Street NE, Washington, DC 20549.
Start Further InfoFOR FURTHER INFORMATION CONTACT:
Mark Elion, Senior Counsel, Office of Municipal Securities, 100 F Street NE, Washington, DC 20549, or at (202) 551–5680.
Start SignatureFor the Commission, by the Office of Municipal Securities, pursuant to delegated authority.[1]
Sherry R. Haywood,
Assistant Secretary.
Appendix
End Further Info End PreambleRegistrant name SEC ID No. Betnun Nathan S 867–02495 Christen Group, Inc 867–02467 Southern Cross Financial Group LLC 867–02544 TLHocking & Associates LLC 867–01054 OCONNOR & Co SECURITIES, INC 867–01245 Capital Alaska LLC 867–02604 Fray Municipal Securities 867–02064 Massena Associates LLC 867–02569 SUMMERS, CARROLL, WHISLER LLC 867–01938 Footnotes
1. 17 CFR 200.30–3a(a)(1)(ii).
Back to Citation[FR Doc. 2023–18552 Filed 8–28–23; 8:45 am]
BILLING CODE 8011–01–P
Document Information
- Published:
- 08/29/2023
- Department:
- Securities and Exchange Commission
- Entry Type:
- Notice
- Document Number:
- 2023-18552
- Pages:
- 59550-59550 (1 pages)
- Docket Numbers:
- Release No. 34-98208
- PDF File:
- 2023-18552.pdf