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STATE
OF
OFFICE
OF SECURITIES
121
STATE HOUSE STATION
________________________________
)
IN THE MATTER OF: )
)
Roger F. Woodman Jr. & Co. )
(CRD #119778) and ) CONSENT AGREEMENT
Roger F. Woodman Jr. )
(CRD #4527885) )
No. 04-053-CAG
)
________________________________)
This Agreement is entered into by
the State of Maine Office of Securities ("Securities"), Roger F.
Woodman Jr. & Co. (“The Woodman Company”), CRD #119778, an investment
adviser company with a principal place of business at 144 Vaughan Street,
Portland, Maine 04102, and Roger F. Woodman Jr. (“Woodman”), CRD# 4527885, an investment
adviser representative affiliated with The Woodman Company.
WHEREAS,
the parties agree as follows:
1.
Pursuant to 32 M.R.S.A. § 10303(1), a
person may not act in
2.
Pursuant to 32 M.R.S.A. § 10303(3) it
is unlawful for an investment adviser licensed or required to be licensed under
the Revised Maine Securities Act to employ or contract with an individual as a
representative of the investment adviser in Maine unless the individual is
licensed;
3.
Securities has reviewed Woodman’s licensing
record and has found that Woodman has never held an investment adviser
representative’s license in
4.
It is Securities’ position that Woodman
has acted as an investment adviser representative in
5.
All parties desire an expeditious
resolution of this matter.
NOW THEREFORE, without trial or adjudication of any issue of fact or law, and without
Woodman or The Woodman Company admitting or denying that their conduct violated
the Revised Maine Securities Act, it is agreed that:
Woodman and The Woodman Company will
comply with all licensing and other legal requirements governing persons acting
as investment advisers and investment adviser representatives in the State of
Maine at all times from the date hereof;
In lieu of Securities seeking the
imposition of a penalty for the allegations contained herein, Woodman and The
Woodman Company will pay the sum of $1,500.00 to Securities upon Woodman’s and
The Woodman Company’s execution of this Agreement; and
Securities will not take further
action against Woodman and The Woodman Company based upon the unlicensed status
of Woodman during the period preceding and including the date of execution of
the Agreement.
Roger
F. Woodman Jr. & Co.
By:
December 22,
2003 /s/
Roger F. Woodman, Jr.
Date Signature
Roger
F. Woodman, Jr.
(printed
name)
Its
President
December 22,
2003 /s/
Roger F. Woodman, Jr.
Date Roger
F. Woodman
Date Christine
A. Bruenn
Securities
Administrator
Reviewed by:
Date Christina
V. Breen
Assistant
Securities Administrator
Submitted by:
Date Christian
D. Van Dyck
Investigator/Examiner