As published in the Comptroller of the Currency of the United States of America enforcement action on July 8, 2010 that Erin R Adamson of Sioux Falls, SD has been convicted of, or entered into a pretrial diversion or similar program for certain criminal offenses are notified by letter that they are prohibited from participating in the affairs of any insured depository institution without prior regulatory or judicial approval by operation of law.

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On August 03, 2010, the Federal Reserve Board (FRB) announced a formal enforcement action initiated against Mark F. Bailey Sr. on behalf of the Prosperity Banking Company by virtue of a Written Agreement by and between, the Federal Reserve Bank of Atlanta to maintain the financial soundness of Prosperity.

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On August 03, 2010, the Federal Reserve Board (FRB) announced a formal enforcement action initiated against Patricia C. Hartung on behalf of the Community Capital Corporation and its subsidiary, CapitalBank, by virtue of a Written Agreement by and between, the Federal Reserve Bank of Richmond and the State of South Carolina Board of Financial Institutions.

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On July 9, 2010 the Financial Services Board (FSB) suspended Financial Services Provider license of Alexander Robert Campbell.

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On July 29, 2010 the Securities and Exchange Board of India (SEBI), the capital market regulator passed an Adjudication order against Mr. Arjun P. Suryavanshi. It is was alleged that Mr. Suryavanshi had violated the provisions of regulations 4(1), 4(2)(a), 4(2)(b) and 4(2)(g) of the SEBI (PFUTP) Regulations 2003 and therefore, liable for monetary penalty.

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1. Gregory Todd Froning
2. Applied Nanoscience Inc.
3. Aquacell Technologies Inc.
4. Aquacell Water Inc.
5. Aquapro Corp.
6. Asia Electronics Holding Co. Inc.
7. Asian Star Development Inc.
8. Associated Golf Management Inc.
9. Avasoft Inc.
10. UB&T Financial Services Corp.
11. United Community Holdings Inc.
12. United Homes Inc.
13. United Magazine Co.
14. United Shields Corp.

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On July 9, 2010 the Financial Services Board (FSB) suspended Financial Services Provider license of Goitseone Timothy Gaetsewe.

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On July 28, 2010 the Securities and Exchange Board of India (SEBI), the capital market regulator passed an Adjudication order against Cavalier Securities Ltd and conducted an investigation into the scrip of Adam Comsof Ltd. SEBI had also passed an order against Shri Rajkumar Basantani, former director of Adam Comsof Ltd. barring him from accessing the capital market for 3 years.

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On July 28, 2010 the Securities and Exchange Board of India (SEBI), the capital market regulator passed an Adjudication order against Mr. Sachin Suresh Patil. It was alleged that Mr. Patil violated regulations 4(1) and 4 (2) (a) and (g) of SEBI (PFUTP) Regulations, 2003.

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As published in the Financial Industry Regulatory Authority (FINRA) disciplinary actions July 2010, Antonio Herrero-Rovira was named as a respondent in a FINRA complaint alleging that he converted approximately $219,000 in customer funds by forging, or causing the forgery of, customers’ signatures on Letters of Authorization (LOAs) and firm checks issued pursuant to the LOAs and using the proceeds for personal purposes without the customers’ knowledge or authorization.

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As published in the Comptroller of the Currency of the United States of America enforcement action on July 15, 2010 that Delio Dela Cruz Tuazon of Charlotte, NC has been convicted of, or entered into a pretrial diversion or similar program for certain criminal offenses are notified by letter that they are prohibited from participating in the affairs of any insured depository institution without prior regulatory or judicial approval by operation of law.

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As published in the Financial Industry Regulatory Authority (FINRA) disciplinary actions July 2010, it was announced that MICG Investment Management LLC and Jeffrey Alan Martinovich were named as respondents in a FINRA complaint alleging that they sold investors units of a hedge fund that they organized, controlled and managed, and improperly, unreasonably and/or recklessly assigned unjustifiably high values to the assets and stocks, never relying on independent or legitimate valuations or valuation methods, giving rise to improper incentive and management fee payments.

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On August 02, 2010, the Federal Reserve Board (FRB) announced a formal enforcement action initiated against James P. Clark on behalf of the Oregon Pacific Bancorp and its subsidiary bank, Oregon Pacific Bank, by virtue of a Written Agreement by and between, the Federal Reserve Bank of San Francisco and the Director of the State of Oregon’s Department of Consumer and Business Services.

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On Aug. 2, 2010, the Securities and Exchange Commission filed a partially settled civil injunctive action against Gregory Todd Froning, a Coppell, Texas-based registered representative, accusing him of misappropriating over $800,000 from fifteen investors with whom he had pre-existing brokerage and advisory relationships.

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As published in the Illinois Department of Financial and Professional Regulation (IDFPR) news release dated June 2010, the license of Walker D. Smith III, a Loan Originator of Richton Park was fined $10,000 and revoked for participation in said fraud scheme, which included false and dishonest representations and dealings.

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