UNITED STATES SECURITIES AND EXCHANGE COMMISSION

SEC ADMIN RELEASE 34-72906, AUGUST 22, 2014: THE SECURITIES AND EXCHANGE COMMISSION 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 AGAINST DONNA J. TUCKER (RESPONDENT). 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 HIM AND THE SUBJECT MATTER OF THESE PROCEEDINGS, AND THE FINDINGS, AND CONSENTS TO THE ENTRY OF THIS ORDER INSTITUTING ADMINISTRATIVE PROCEEDINGS PURSUANT TO SECTION 15(B) OF THE SECURITIES EXCHANGE ACT OF 1934, MAKING FINDINGS, AND IMPOSING REMEDIAL SANCTIONS. ON AUGUST 1, 2014, A FINAL JUDGMENT WAS ENTERED BY CONSENT AGAINST TUCKER, PERMANENTLY ENJOINING HER FROM FUTURE VIOLATIONS OF SECTION 17(A) OF THE SECURITIES ACT OF 1933, SECTION 10(B) OF THE EXCHANGE ACT AND RULE 10B-5 THEREUNDER, IN THE CIVIL ACTION NO. 7:14-CV-00398, IN THE UNITED STATES DISTRICT COURT FOR THE WESTERN DISTRICT OF VIRGINIA. ON JULY 31, 2014, TUCKER PLED GUILTY TO ONE COUNT OF WIRE FRAUD, IN VIOLATION OF 18 U.S.C. §1343, AND ONE COUNT OF TAX EVASION, IN VIOLATION OF 26 U.S.C. §7201, BEFORE THE UNITED STATES DISTRICT COURT FOR THE WESTERN DISTRICT OF VIRGINIA, IN CRIMINAL INFORMATION NO. 7:14-CR-00043. IN VIEW OF THE FOREGOING, THE COMMISSION DEEMS IT APPROPRIATE AND IN THE PUBLIC INTEREST TO IMPOSE THE SANCTIONS AGREED TO IN THE RESPONDENT'S OFFER.

Order

Bar (Permanent)

SEE COMMENT

8/22/2014

UNITED STATES SECURITIES AND EXCHANGE COMMISSION

SEC LITIGATION RELEASE 23053, JULY 31, 2014: THE SECURITIES AND EXCHANGE COMMISSION CHARGED A BROKER BASED IN ROANOKE, VA., WITH DEFRAUDING ELDERLY CUSTOMERS, INCLUDING SOME WHO ARE LEGALLY BLIND, BY STEALING THEIR FUNDS FOR HER PERSONAL USE AND FALSIFYING THEIR ACCOUNT STATEMENTS TO COVER UP HER FRAUD. ACCORDING TO THE SEC'S COMPLAINT FILED IN U.S. DISTRICT COURT FOR THE WESTERN DISTRICT OF VIRGINIA, DONNA JESSEE TUCKER SIPHONED $730,289 FROM ELDERLY CUSTOMERS AND USED THE MONEY TO PAY FOR SUCH PERSONAL EXPENSES AS VACATIONS, VEHICLES, CLOTHES, AND A COUNTRY CLUB MEMBERSHIP. TUCKER ENSURED THAT THE CUSTOMERS RECEIVED THEIR MONTHLY ACCOUNT STATEMENTS ELECTRONICALLY, KNOWING THAT THEY WERE UNABLE OR UNWILLING TO ACCESS THEIR STATEMENTS IN THAT FORMAT. THE SEC FURTHER ALLEGES THAT TUCKER ENGAGED IN UNAUTHORIZED TRADING AND OTHER FINANCIAL TRANSACTIONS WHILE MAKING MISREPRESENTATIONS TO CUSTOMERS ABOUT THEIR INVESTMENT ACCOUNTS AND FORGING BROKERAGE, BANKING, AND OTHER DOCUMENTS. TUCKER VIOLATED SECTION 17(A) OF THE SECURITIES ACT, SECTION 10(B) OF THE EXCHANGE ACT AND RULE 10B-5 THEREUNDER. IN A PARALLEL ACTION, THE U.S. ATTORNEY'S OFFICE FOR THE WESTERN DISTRICT OF VIRGINIA ANNOUNCED CRIMINAL CHARGES AGAINST TUCKER.

Judgment Rendered

Disgorgement

$730,289.00

Injunction

TAX EVASION

Pled guilty

WIRE FRAUD

Pled guilty

FINRA

RESPONDENT TUCKER FAILED TO RESPOND TO FINRA REQUEST FOR INFORMATION.

LETTER

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All Capacities

Indefinite

9/23/2013

PURSUANT TO FINRA RULE 9552(H) AND IN ACCORDANCE WITH FINRA'S NOTICE OF SUSPENSION AND SUSPENSION FROM ASSOCIATION LETTERS DATED JUNE 18, 2013 AND JULY 12, 2013, RESPECTIVELY, ON SEPTEMBER 23, 2013, TUCKER IS BARRED FROM ASSOCIATION WITH ANY FINRA MEMBER IN ANY CAPACITY. RESPONDENT FAILED TO REQUEST TERMINATION OF HER SUSPENSION WITHIN THREE MONTHS OF THE DATE OF THE NOTICE OF SUSPENSION; THEREFORE, SHE IS AUTOMATICALLY BARRED FROM ASSOCIATION WITH ANY FINRA MEMBER IN ANY CAPACITY.