UNITED STATES SECURITIES AND EXCHANGE COMMISSION

SEC ADMIN RELEASE 34-72463; IA RELEASE 40-3863, JUNE 25, 2014: 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 THOMAS H. REDMOND, JR. IN ANTICIPATION OF THE INSTITUTION OF THESE PROCEEDINGS, REDMOND 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, REDMOND CONSENTS TO THE COMMISSION'S JURISDICTION OVER HIM AND THE SUBJECT MATTER OF THESE PROCEEDINGS AND 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 OR ABOUT JULY 18, 2013, REDMOND PLED GUILTY TO EIGHT COUNTS OF CLASS B FELONY SECURITIES FRAUD AND TWO COUNTS OF CLASS C FELONY SECURITIES FRAUD BEFORE THE MARION COUNTY [INDIANA] SUPERIOR COURT-CRIMINAL DIVISION, CAUSE NO. 49G06-1304-FB-021154. REDMOND WAS SENTENCED THE SAME DAY TO 15 YEARS, 10 YEARS EXECUTED, AND TO PAY RESTITUTION TOTALING $460,121.25.

Order

Bar (Permanent)

ALL CAPACITIES

Indefinite

REDMOND IS BARRED FROM ASSOCIATION WITH ANY BROKER, DEALER, INVESTMENT ADVISER, MUNICIPAL SECURITIES DEALER, MUNICIPAL ADVISOR, TRANSFER AGENT, OR NATIONALLY RECOGNIZED STATISTICAL RATING ORGANIZATION; BARRED FROM PARTICIPATING IN ANY OFFERING OF A PENNY STOCK.

6/25/2014

running a Ponzi scheme

$45,000.00

Breach of fiduciary duty; negligence; intentional and negligent misrepresentations and omissions; breach of contract; and violation of FINRA Rules of Fair Practice.

$50,000.00

SECURITIES FRAUD, CLASS B FELONY

Pled guilty

SECURITIES FRAUD, CLASS C FELONY

Pled guilty

FINRA

NASD RULES 2110, 2310: REDMOND MADE UNSUITABLE INVESTMENT RECOMMENDATIONS TO CUSTOMER, A THEN-60 YEAR-OLD WIDOW. REDMOND RECOMMENDED THAT SHE INVEST 47.5% OF HER AVAILABLE FUNDS IN HIGH RISK INVESTMENTS, INCLUDING $100,000 IN OIL AND GAS OFFERING BY AN ENTITY. THE SECURITIES AND EXCHANGE COMMISSION CHARGED THE ENTITY, ITS AFFILIATES, AND CONTROL PERSONS WITH OPERATING A $485 MILLION OFFERING FRAUD SCHEME. REDMOND KNEW THE CUSTOMER WAS A WIDOW WITH MINIMAL INVESTMENT EXPERIENCE, AND WAS LOOKING TO PRESERVE HER ASSETS AND INVEST CONSERVATIVELY. AS A RESULT, REDMOND'S RECOMMENDATION TO INVEST 47.5% OF HER AVAILABLE FUNDS IN HIGH RISK INVESTMENTS WAS UNSUITABLE. IN ADDITION, REDMOND FAILED TO FOLLOW THE CUSTOMER'S INSTRUCTIONS IN CONNECTION WITH THE PURCHASE OF A VARIABLE ANNUITY. SPECIFICALLY, HE FAILED TO FOLLOW THE CUSTOMER'S INSTRUCTION TO ELECT THE MINIMUM INCOME BENEFIT RIDER ON THE VARIABLE ANNUITY. WHILE ASSOCIATED WITH ANOTHER MEMBER FIRM, REDMOND FORGED THE SIGNATURES OF CUSTOMERS ON SUBSCRIPTION AGREEMENTS TO PURCHASE INTERESTS IN AN ENTITY'S OFFERING. REDMOND SIGNED THE CUSTOMERS' NAMES WITHOUT THEIR EXPRESS AUTHORIZATION OR CONSENT. REDMOND MADE MISREPRESENTATIONS TO A CUSTOMER WHILE SOLICITING HIM TO INVEST IN AN ENTITY'S OFFERING. SPECIFICALLY, REDMOND FALSELY CLAIMED THAT HE HAD PERSONALLY INVESTED "A THIRD OF HIS ASSETS" IN THE OFFERING. IN FACT, REDMOND HAD NOT INVESTED IN THE OFFERING.

Acceptance, Waiver & Consent(AWC)

Bar (Permanent)

All Capacities

10/26/2011

WITHOUT ADMITTING OR DENYING THE FINDINGS, REDMOND CONSENTED TO THE DESCRIBED SANCTION AND TO THE ENTRY OF FINDINGS; THEREFORE, HE IS BARRED FROM ASSOCIATION WITH ANY FINRA MEMBER IN ANY CAPACITY.

1. 1 COUNT. POSSESSION OF COCAINE 2. FELONY 3. GUILTY 4. N/A

FELONY

A. CONVICTED B. 03/08/1985 C. $368.00 FINES AND COURT COSTS D. PROBATION FOR 1 YEAR E. START DATE OF PROBATION 3/8/85 F. $368.00 FINES AND COURT COSTS G. PAID 3/8/85

THIS WAS A VERY DOWN TIME IN MY LIFE. I WAS DIVORCED AND MY EX-WIFE WAS REMARRIED WITH MY TWO DAUGHTERS THAT I MISSED EVERY MOMENT OF THE DAY. THANKS TO THE TREATMENTS, I RECEIVED THROUGH 1985, I WAS ABLE TO MOVE ON TO VERY POSITIVE THINGS IN MY LIFE.

1. 1 COUNT CRIMINAL CONVERSION 2. MISDEMEANOR 3. GUILTY 4. N/A

MISDEMEANOR

A. PLED GUILTY B. 06/16/1982 C. 30 DAYS D. SUSPENDED E. N/A F. $50.00 G. 06/16/1982

THE ABOVE OCCURENCE HAPPENED AT THE HOLIDAY INN SOUTH, FORT WAYNE, INDIANA. THERE WAS A FIGHT IN THE LOUNGE WHICH LED TO SEVERAL HUNDRED DOLLARS OF DAMAGE. THE CREDIT CARD I TRIED TO PAY THIS BILL WITH BELONGED TO ONE OF THE GUYS I WAS WITH AND HE LEFT ME AND THE CARD WAS OVERLIMIT.