# UNITED STATES OF AMERICA

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URL: https://www.frixlaw.com/law-library/documents/agency%3Asec%3Affe2a6e7dbcf7922

## 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. 100452 / July 1, 2024
ADMINISTRATIVE PROCEEDING
File No. 3-17673

In the Matter of
EZTD Inc.,
Respondent.

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ORDER DIRECTING DISBURSEMENT
OF FAIR FUND

On May 10, 2023, 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
Jennifer Cardello, United States Securities and Exchange Commission, via email at
cardelloj@sec.gov. 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 July
7, 2023, 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”).

1

Exchange Act Rel. No. 97468 (May 10, 2023).
17 C.F.R. § 201.1103.
3
See Order Approving Plan of Distribution (Exchange Act Rel. No. 97856 (July 7, 2023)).
2

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 $374,485.13 from the Fair Fund to the Fair Fund’s
escrow account at Huntington Bank for distribution by the Fund Administrator in accordance
with the Plan.
Accordingly, it is hereby ORDERED, that Commission staff shall transfer $374,485.13 to
the Fair Fund’s escrow account, for a total distribution of $374,485.13 to harmed investors by the
Fund Administrator in accordance with the Plan.
For the Commission, by the Division of Enforcement, pursuant to delegated authority.4

Vanessa A. Countryman
Secretary

4

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%3Affe2a6e7dbcf7922. Public record. Not legal advice.
