ADR 523
SEFCU and SEFCU Insurance AgencySummary
REFERRING OFFICE: FEC Office of General Counsel
OPENING DATE: 11/09/2009
CLOSING DATE: 06/04/2010
DISPOSITION: The Commission decided by a vote of 5-1 to take the following actions in ADR 523:1. Approve the settlement agreement of SEFCU and SEFCU Insurance Agency, as recommended in the Memorandum from the Chief Compliance Officer and the Director, ADR Office dated May 21, 2010.2. Approve the appropriate letters.3. Close the file on this matter.
Disposition
| Disposition | Penalty | Respondent | Citation |
|---|---|---|---|
| Settlement Agreement | $0.00 | SEFCU | |
| SEFCU Insurance Agency (SAMS) | |||
| Adopt and distribute policy regarding contributions to federal elections; Conduct internal education program for employees or staff | Non-monetary term | SEFCU | |
| SEFCU Insurance Agency (SAMS) |
Documents
| Date | Type | Title |
|---|---|---|
| 06/07/2010 | ADR Settlement Agreements | SEFCU and SEFCU Insurance Agency 207 KB |
| 10/29/2009 | Complaint, Responses, Designation of Counsel and Extensions of Time | Acknowledgement of Receipt of Complaint 33 KB |
| 10/14/2009 | Complaint 239 KB | |
| 05/21/2010 | ADR Memoranda, Notifications and Responses | Recommendation to Approve Settlement Agreement 70 KB |
| 12/12/2009 | Commitment to Submit Matter to ADR Program and Statement of Designation of Representative/Counsel 55 KB | |
| 11/20/2009 | Notification to SEFCU and SEFCU Insurance Agency 127 KB | |
| 11/18/2009 | Informational Memo on Assignment 57 KB | |
| 11/09/2009 | Transferred Case 19 KB | |
| 06/04/2010 | Certifications | SEFCU and SEFCU Insurance Agency (Pre-MUR 492) 27 KB |
| 11/25/2014 | Civil Penalties, Disgorgements, Other Payments and Letters of Compliance | Memorandum of Compliance 35 KB |
Participants
| Relationship | Name |
|---|---|
| Complainant | SEFCU |
| SEFCU Insurance Agency (SAMS) | |
| Respondent's counsel | Greene, Patrick K. |