Securities & Exchange Commission v. Banca Della Svizzera Italiana

DECISION

MILTON POLLACK, District Judge.

Plaintiff, Securities Exchange Commission (“SEC”), moves this Court for an appropriate order pursuant to Fed.R.Civ.P. 37 for the failure and refusal of defendant, Banca Della Svizzera Italiana (“BSI”) to provide the SEC with information relative to the identities of the principals for whom it purchased stock and stock options on American exchanges in St. Joe Minerals Corporation (“St. Joe”), a New York corporation which produces natural resources.

The underlying law suit is an action by the SEC against the said defendant and unnamed others for an…