ANTONIU v. S.E.C.

Nos. 85-5384, 88-1095.

877 F.2d 721 (1989)

Adrian ANTONIU, Petitioner, v. SECURITIES AND EXCHANGE COMMISSION, Respondent.

United States Court of Appeals, Eighth Circuit.

Decided June 19, 1989.

Rehearing and Rehearing Denied July 31, 1989.


Attorney(s) appearing for the Case

David Stratman, Albuquerque, N.M., for petitioner.

Martha H. McNeely, S.E.C., Washington, D.C., for respondent.

Before LAY, Chief Judge, FLOYD R. GIBSON, Senior Circuit Judge, and McMILLIAN, Circuit Judge.


Rehearing and Rehearing En Banc Denied July 31, 1989.

LAY, Chief Judge.

Adrian Antoniu (Antoniu) worked from August 1972 until May 1975 in the corporate finance department of Morgan Stanley & Co., Inc. (Morgan Stanley), a broker-dealer registered with the Securities and Exchange Commission (SEC or Commission). Antoniu entered into an insider trading conspiracy with James N. Newman (Newman), a securities trader. Antoniu would obtain the non-public information...

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