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  5. 803 F.2d 942 (1986)
 

PAGEL, INC. v. S.E.C.

Nos. 85-5295, 85-5300.

803 F.2d 942 (1986)

PAGEL, INC.; Jack W. Pagel; and Duane A. Markus, Petitioners, v. SECURITIES AND EXCHANGE COMMISSION, Respondent.

United States Court of Appeals, Eighth Circuit.

Decided October 22, 1986.

Attorney(s) appearing for the Case

Richard B. Solum and Jan Stuurmans, Minneapolis, Minn., for petitioners.

Catherine T. Dixon, Washington, D.C., for respondent.

Before ARNOLD, FAGG and WOLLMAN, Circuit Judges.

WOLLMAN, Circuit Judge.

Pagel, Inc., a Minneapolis registered broker-dealer in securities, its president and sole stockholder, Jack W. Pagel, and its executive vice president, Duane A. Markus, petition for review of a final order of the Securities and Exchange Commission (Commission) revoking the broker-dealer registration of Pagel, Inc., and barring Pagel and Markus from association with any broker or dealer. We affirm the Commission's order.

Pagel, Inc....

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