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S.E.C. v. CURRENT FINANCIAL SERVICES, INC.

No. Civ.A. 91-3089 SSH.

100 F.Supp.2d 1 (2000)

SECURITIES AND EXCHANGE COMMISSION, Plaintiff, v. CURRENT FINANCIAL SERVICES, INC., et al., Defendants.

United States District Court, District of Columbia.

May 18, 2000.

Attorney(s) appearing for the Case

Mark Adler, SEC, Washington, DC, for plaintiff.

John D. Wogan, (Receiver), Current Financial Services, Inc., New Orleans, LA, for defendants.

David W. Banner, American Equity Financial Group, Latrobe, PA, defendant pro se.

Douglas R. Rayburn, Current Financial Services of Mississippi, Inc., Jayess, MS, defendant pro se.

OPINION

STANLEY S. HARRIS, District Judge.

Before the Court is the Securities and Exchange Commission's ("SEC") motion for summary judgment and a permanent injunction against defendants Current Financial Services of Mississippi, Inc. ("CFSM") and CFSM's president Douglas R. Rayburn.1 Upon consideration of the parties' submissions and the entire record, the Court grants the SEC's motion.2 "Findings...

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