UNITED STATES OF AMERICA

UNITED STATES OF AMERICA

Before the

SECURITIES AND EXCHANGE COMMISSION

SECURITIES EXCHANGE ACT OF 1934

Release No. 96064 / October 13, 2022

ADMINISTRATIVE PROCEEDING

File No. 3-16877

In the Matter of

HOWARD RICHARDS,

Respondent.

:

:

:

:

:

:

:

ORDER DIRECTING

DISBURSEMENT OF FAIR FUND

ADMINISTRATIVE PROCEEDING

File No. 3-16878

____________________________________

:

In the Matter of

:

:

JAMES GOODLAND AND SECURUS :

WEALTH MANAGEMENT, LLC ,

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Respondents.

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____________________________________:

On November 23, 2021, the Division of Enforcement, 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 and simultaneously posted the Proposed Plan of Distribution (the

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

Proposed Plan from the Commission’s public website or by submitting a written request to Amy

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Exchange Act Rel. No. 93664 (Nov. 23, 2021).

17 C.F.R. § 201.1103.

Sumner, United States Securities and Exchange Commission, 1961 Stout Street, Suite 1700,

Denver, CO 80294. 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

January 13, 2022, the Division of Enforcement, 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 submitted a payment file to Commission

staff with a reasonable assurances letter as to the completeness and accuracy of the information

contained therein. The Commission staff has reviewed and accepted 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 authorize the transfer of $144,845.39 from the Fair Fund to the Fair Fund’s

escrow account at Alerus Financial, NA for distribution by the Fund Administrator to the eligible

claimant in accordance with the Plan.

Accordingly, it is hereby ORDERED, that Commission staff shall transfer $144,845.39

from the Fair Fund to the Fair Fund’s escrow account at Alerus Financial, NA, and the Fund

Administrator shall distribute such monies to the eligible claimant 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 Exchange Act Rel. No. 93980 (Jan. 13, 2022).

17 C.F.R. § 200.30-4(a)(21)(v).

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