Notice of Intention To Cancel Registration Pursuant to Section 203(h) of the Investment Advisers Act of 1940

• Citation: 85 FR 66590
• Record Number: 2020-23178
• Published date: 20 October 2020
• Section: Notices
• Court: Securities And Exchange Commission

Federal Register, Volume 85 Issue 203 (Tuesday, October 20, 2020)

[Federal Register Volume 85, Number 203 (Tuesday, October 20, 2020)]
                [Notices]
                [Page 66590]
                From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
                [FR Doc No: 2020-23178]
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                SECURITIES AND EXCHANGE COMMISSION
                [Release No. IA-5612]
                Notice of Intention To Cancel Registration Pursuant to Section
                203(h) of the Investment Advisers Act of 1940
                October 15, 2020.
                 Notice is given that the Securities and Exchange Commission (the
                ``Commission'') intends to issue an order, pursuant to Section 203(h)
                of the Investment Advisers Act of 1940 (the ``Act''), cancelling the
                registration of EF Hutton Investments LLC [File No. 801-108464],
                hereinafter referred to as the ``registrant.''
                 Section 203(h) provides, in pertinent part, that if the Commission
                finds that any person registered under Section 203, or who has pending
                an application for registration filed under that section, is no longer
                in existence, is not engaged in business as an investment adviser, or
                is prohibited from registering as an investment adviser under section
                203A, the Commission shall by order, cancel the registration of such
                person.
                 The registrant has not filed a Form ADV amendment with the
                Commission as required by rule 204-1 under the Act and appears to not
                be engaged in business as an investment adviser.\1\ Accordingly, the
                Commission believes that reasonable grounds exist for a finding that
                the registrant is no longer eligible to be registered with the
                Commission as an investment adviser and that the registration should be
                cancelled pursuant to section 203(h) of the Act.
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                 \1\ Rule 204-1 under the Act requires any adviser that is
                required to complete Form ADV to amend the form at least annually
                and to submit the amendments electronically through the Investment
                Adviser Registration Depository.
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                 Notice is also given that any interested person may, by November 9,
                2020, at 5:30 p.m., submit to the Commission in writing a request for a
                hearing on the cancellation, accompanied by a statement as to the
                nature of his or her interest, the reason for such request, and the
                issues, if any, of fact or law proposed to be controverted, and he or
                she may request that he or she be notified if the Commission should
                order a hearing thereon. Any such communication should be emailed to
                the Commission's Secretary at [email protected].
                 At any time after November 9, 2020, the Commission may issue an
                order cancelling the registration, upon the basis of the information
                stated above, unless an order for a hearing on the cancellation shall
                be issued upon request or upon the Commission's own motion. Persons who
                requested a hearing, or who requested to be advised as to whether a
                hearing is ordered, will receive any notices and orders issued in this
                matter, including the date of the hearing (if ordered) and any
                postponements thereof. Any adviser whose registration is cancelled
                under delegated authority may appeal that decision directly to the
                Commission in accordance with rules 430 and 431 of the Commission's
                rules of practice (17 CFR 201.430 and 431).
                ADDRESSES: The Commission: [email protected].
                FOR FURTHER INFORMATION CONTACT: Alexis Palascak, Senior Counsel at
                202-551-6999; SEC, Division of Investment Management, Investment
                Adviser Regulation Office, 100 F Street NE, Washington, DC 20549-8549.
                 For the Commission, by the Division of Investment Management,
                pursuant to delegated authority.\2\
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                 \2\ 17 CFR 200.30-5(e)(2).
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                J. Matthew DeLesDernier,
                Assistant Secretary.
                [FR Doc. 2020-23178 Filed 10-19-20; 8:45 am]
                BILLING CODE 8011-01-P