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ADMINISTRATIVE PROCEEDING
BEFORE THE
SECURITIES COMMISSIONER OF MARYLAND
IN THE MATTER OF:* CASE NO. 2005-0320
GEORGE GRAFAS *
Respondent.*
***
CONSENT ORDER
WHEREAS, the Securities Division of the Office of the Attorney General (the
"Division") initiated an investigation into the activities of George Grafas (“Respondent”); and
WHEREAS, the Maryland Securities Commissioner (the "Commissioner") has found that
grounds exist to allege that Respondent violated the Maryland Securities Act, contained at Md.
Code Ann., Corps. and Ass'ns,§§11-101 et seq.(2007 Repl. Vol.)(the "Securities Act"), by
engaging in acts or practices constituting violations of the Securities Act