UNITED STATES SECURITIES AND EXCHANGE COMMISSION

SEC Admin Release 34-78954; IA Release 40-4621, January 23, 2017: The SEC deems it appropriate and in the public interest that public administrative proceedings be, and hereby are, instituted pursuant to Section 15(b) of the Securities Exchange Act of 1934 and Section 203(f) of the Investment Advisers Act of 1940 against Ane Plate. In anticipation of the institution of these proceedings, Respondent has submitted an Offer of Settlement which the Commission has determined to accept. Solely for the purpose of these proceedings and any other proceedings brought by or on behalf of the Commission, or to which the Commission is a party, Respondent admits the Commission's jurisdiction over her and the subject matter of these proceedings, and the findings contained herein, and consents to the entry of this Order Instituting Administrative Proceedings Pursuant to Section 15(b) of the Securities Exchange Act of 1934 and Section 203(f) of the Investment Advisers Act of 1940, Making Findings, and Imposing Remedial Sanctions. On the basis of this Order and Respondent's Offer, the Commission finds that on May 20, 2015, Plate pled guilty to one count of Theft, Embezzlement, or Misapplication by a Bank Officer or Employee in violation of Title 18, United States Code, Section 656, before the United States District Court for the Middle District of Florida. Case No. 6:15-cr-00084.

Order

Bar (Permanent)

any broker, dealer, investment adviser, municipal securities dealer, municipal advisor, transfer agent, or NRSRO

Indefinite

1/23/2017

penny stock

Indefinite

1/23/2017

Theft, Embezzlement, or Misapplication by a Bank Officer or Employee

Pled guilty

FINRA

WITHOUT ADMITTING OR DENYING THE FINDINGS, PLATE CONSENTED TO THE SANCTION AND TO THE ENTRY OF FINDINGS THAT SHE EFFECTED 15 UNAUTHORIZED TRADES IN A CUSTOMER'S MEMBER FIRM ACCOUNT, RESULTING IN CASH PROCEEDS OF $176,080. THE FINDINGS STATED THAT PLATE THEN FACILITATED THE TRANSFER OF APPROXIMATELY $176,000 IN CASH TO THE CUSTOMER'S RETAIL BANK ACCOUNT. PLATE ARRANGED FOR 15 CHECKS, PAYABLE TO HER, TO BE ISSUED FROM THE CUSTOMER'S BANK ACCOUNT AND DEPOSITED ALL 15 CHECKS, TOTALING $132,358, INTO HER OWN BANK ACCOUNT FOR HER PERSONAL USE AND BENEFIT. THE FINDINGS ALSO STATED THAT IN ADDITION, PLATE ARRANGED FOR BI-WEEKLY TRANSFERS TO A BANK ACCOUNT THAT BELONGED TO HER RELATIVE FROM THE CUSTOMER'S ACCOUNT. PLATE TRANSFERRED $7,700 FROM THE CUSTOMER'S FIRM ACCOUNT TO HER RELATIVE'S ACCOUNT.

Acceptance, Waiver & Consent(AWC)

Bar (Permanent)

All Capacities

8/26/2014