WASHINGTON -- The Securities and Exchange Commission yesterday barred a former broker with the now-defunct firm of Hereth, Orr & Jones from the securities business and suspended two others in connection with the sale of Polk County, Fla., life-care facility bonds in 1983.
In doing so, the agency stiffened penalties already brought by an administrative law judge in the case. The judge had concluded that William L. Kicklighter Jr. should be suspended from the business for 120 days and Robert Q. Brown and Terry G. Eurich should be suspended for 45 days. The three brokers had appealed the law judge's decision to the SEC.