UNITED STATES OF AMERICA

UNITED STATES OF AMERICA

Before the

SECURITIES AND EXCHANGE COMMISSION

SECURITIES EXCHANGE ACT OF 1934

Release No. 91589 / April 16, 2021

ADMINISTRATIVE PROCEEDING

File No. 3-16753

In the Matter of

Signator Investors, Inc. and

Gregory J. Mitchell;

Respondents.

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ORDER DIRECTING

DISBURSEMENT OF FAIR FUND

ADMINISTRATIVE PROCEEDING

File No. 3-16754

In the Matter of

Cory D. Williams;

Respondent.

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On December 31, 2020, the Secretary, pursuant to delegated authority, published a Notice

of Proposed Plan of Distribution and Opportunity for Comment (“Notice”),1 pursuant to Rule

1103 of the Commission’s Rules on Fair Fund and Disgorgement Plans (“Commission’s

Rules”).2 The Notice advised interested persons that they could obtain a copy of the Proposed

Plan of Distribution (“Proposed Plan”) from the Commission’s public website or by submitting a

written request to Noel Gittens, United States Securities and Exchange Commission, 100 F

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Exchange Act Rel. No. 90836 (Dec. 31, 2020).

17 C.F.R. § 201.1103.

Street, NE, Washington, DC 20549-5876. The Notice also advised that all persons desiring to

comment on the Proposed Plan could submit their comments, in writing, within 30 days of the

Notice. The Commission received no comments on the Proposed Plan during the comment

period. On February 11, 2021, the Secretary, pursuant to delegated authority, issued an order

approving the Proposed Plan,3 and posted the approved Plan of Distribution (the “Plan”).

The Plan provides for the distribution of the Fair Fund, plus accumulated interest, less

taxes, fees, and expenses, to the harmed investors according to the methodology set forth in the

Plan.

Pursuant to the Plan, the Fund Administrator has compiled the payee information and

prepared a payment file in a Commission-approved format. The Commission staff has reviewed

the payment file and requests, pursuant to Rule 1101(b)(6) of the Commission’s Rules, 17 C.F.R.

§ 201.1101(b)(6), that the Commission direct the payment of $975,788.48 from the Fair Fund to

the Fair Fund’s escrow account at Alerus Financial, N.A. for distribution in accordance with the

Plan.

Accordingly, it is hereby ORDERED, that Commission staff shall direct the payment of

$975,788.48 from the Fair Fund to the Fair Fund’s escrow account at Alerus Financial, N.A. for

distribution in accordance with the Plan.

For the Commission, by the Division of Enforcement, pursuant to delegated authority. 4

Vanessa A. Countryman

Secretary

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See Order Approving Plan of Distribution, Exchange Act Rel. No. 91111 (Feb. 11, 2021).

17 C.F.R. § 200.30-4(a)(21)(v).

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