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Why Mayor Sanders invested in Maxxum Equity Fund

Jeffry James Wetzel and his wife Kimberly Wetzel of Morgan Stanley are filing Chapter 7 Bankrupcy. Also, found this from Nevada: COURT ENTERS FINDINGS REGARDING JEFFRY WETZEL The Commission announced that on March 17 the United States District Court for the Southern District of Nevada found that Jeffry Wetzel (Wetzel) violated and aided and abetted certain of the antifraud and books and records provisions of the federal securities laws. The Court found that Wetzel failed to act with the requisite intent to violate certain other provisions and, based upon Wetzel's lack of intent, as well as his agreement to make restitution in the amount of $48,000 to certain customers,denied the Commission's request for a permanent injunction against Wetzel. The Court found that Wetzel, while employed at two brokerage firms between 1987 and 1988, offered and sold securities in a penny stock company to investors without informing them of a manipulative scheme involving the securities, that he vas receiving excessive commissions for selling these securities, and that the investors could experience difficulty in selling the securities unless Wetzel found a buyer for an equal or greater number of shares. Furthermore, the Court found that Wetzel arbitrarily completed an opening account form with information which he had not obtained from the customer. [SEC v. Jeffry Wetzel, et al., CV-S-92-l083-HDM, LRL,USDC, SD Nevada] (LR-14038)
— October 14, 2009 2:01 a.m.

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