GENERAL BOND & SHARE CO., Petitioner, v. SECURITIES AND EXCHANGE COMMISSION, Respondent

WESLEY E. BROWN, District Judge.

Petitioner General Bond & Share Company (“General Bond”) seeks review of disci plinary action taken against it by the Securities and Exchange Commission (hereinafter “the Commission” or “SEC”). The Commission found that General Bond violated several Rules of Fair Practice of the National Association of Securities Dealers, Inc. (“NASD”), of which General Bond was a member. Specifically, the Commission determined that General Bond, through its president Samuel C. Pandolfo, acted improperly in accepting compensation from approximately forty-five issuers of…