United States Tenth Circuit

A company breached its fiduciary duties by failing to inform its customers fully about the way it was conducting trades as a principal, and the firm's conduct fell within the reach of securities law anti-fraud provisions, thus an SEC disciplinary order is affirmed.

Appellate Information

• Decided 07/07/2003
• Published 07/07/2003

Judges

• Before BRISCOE, HOLLOWAY and MURPHY, Circuit Judges.

Court

• United States Tenth Circuit

Counsel

• For Appellant:
  
• Donald T. Trinen,Esq., Hart & Trinen, LLP of Denver, Colorado, Attorneys for Petitioner.


• For Appellees:
  
• Leslie E. Smith, Senior Litigation Counsel (Meyer Eisenberg, Deputy General Counsel, Jacob H. Stillman, Solicitor, and Kermit B. Kennedy, Special Counsel, with her on the brief), Securities and Exchange Commission, Washington, D.C., Attorneys for Respondent.