# UNITED STATES OF AMERICA

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URL: https://www.frixlaw.com/law-library/documents/agency%3Asec%3A3c3e73ce451507af

## Record

- **Collection:** Agency decision
- **Document type:** Agency decision

## Text

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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Source: Frix Law Library, https://www.frixlaw.com/law-library/documents/agency%3Asec%3A3c3e73ce451507af. Public record. Not legal advice.