Skip Maine state header navigation
STATE
OF
OFFICE
OF SECURITIES
121
STATE HOUSE STATION
________________________________
)
IN THE MATTER OF: )
)
Jaguar Capital Management, Inc. )
(CRD #123156) and ) CONSENT AGREEMENT
Jeffrey Alan Grossman )
(CRD #2017925) )
No. 04-075-CAG
)
________________________________)
This Agreement is entered into by the
State of Maine Office of Securities ("Securities"), Jaguar Capital
Management, Inc. (“Jaguar”) (CRD #123156), an investment adviser company with a
principal place of business at 5 James Henry Lane, Westbrook, Maine, 04092, and
Jeffrey Alan Grossman (“Grossman”), (CRD #2017925), an investment adviser
representative affiliated with Jaguar.
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 Jaguar’s and
Grossman’s licensing records and has found that they have not held an
investment adviser representative’s license in Maine from January 2003 to the
present, during which time both investment advisers and investment adviser
representatives have been required to be licensed in Maine.
4.
It is Securities’ position that Jaguar
and Grossman have acted as investment
adviser and investment adviser representative, respectively, in Maine without
being licensed or exempt from licensing;
5.
It is Securities’ position that Jaguar
has employed Grossman as an investment adviser representative of Jaguar during
which time Grossman has not been licensed as an investment adviser
representative;
6.
All parties desire an expeditious
resolution of this matter.
NOW THEREFORE, without trial or adjudication of any issue of fact or law, and without
Jaguar and Grossman admitting or denying that their conduct violated the
Revised Maine Securities Act, it is agreed that:
Jaguar and Grossman 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, Jaguar and
Grossman shall pay the sum of $1,500.00 to Securities upon Jaguar’s and
Grossman’s execution of this Agreement; and
Securities will not take further
action against Jaguar and Grossman
based upon the unlicensed status of Jaguar
and Grossman during the period preceding and including the date of execution of
the Agreement.
By:
March 5 , 2004 /s/
Jeffrey Alan Grossman
Date Signature
Jaguar Capital
Management, Inc.
(printed name of company)
Its President
March 5, 2004 /s/ Jeffrey Alan Grossman
Date Jeffrey
Alan Grossman
March 16,
2004 /s/ Christine A. Bruenn
Date Christine
A. Bruenn
Securities
Administrator
Reviewed by:
March 9, 2004 /s/
Christina V. Breen
Date Christina
V. Breen
Assistant
Securities Administrator
Submitted by:
March 9, 2004 /s/
Christian D. Van Dyck
Date Christian
D. Van Dyck
Investigator/Examiner