Altamont Global Partners, LLC

Altamont Global Partners, LLC
195 Wekiva Springs Road Suite 350
Longwood, FL 32779
Phone: (866) 979-0026

Order by PA Sec. Commission  РJanuary 11, 2011

NOW THEREFORE, the Commission further finds that it is necessary and appropriate in the public interest, for the protection of the investors, and consistent with the purposes fairly intended by the policy and provisions of the 1972 Act to issue the following:

AND NOW, this 11th day of January, 2011, the Commission ORDERS that:

  1. The Offer of Settlement submitted by Respondent Matterhorn Fund, LLC and Respondent Altamont Global Partners, LLC is ACCEPTED.
  2. The Summary Order to Cease and Desist issued on August 24, 2010 against Respondents Matterhorn Fund, LLC and Altamont Global Partners, LLC is prospectively RESCINDED.
  3. Respondents Matterhorn Fund, LLC and Altamont Global Partners, LLC are ORDERED to pay $1,500 to the “Commonwealth of Pennsylvania,” which amount represents investigative and legal costs in this matter, pursuant to Section 601.1(b) of the 1972 Act, 70 P.S 1-602.1 (b).
  4. Respondents Matterhorn Fund, LLC and Altamont Global Partners, LLC are ORDERED to pay $2,000 to the “Commonwealth of Pennsylvania,” which amount represents an administrative assessment in this matter, pursuant to Section 601.1(b) of the 1972 Act, 70 P.S 1-602.1 (b).
  5. Should Respondents Matterhorn Fund, LLC and Altamont Global Partners, LLC fail to pay the costs and assessment set forth in paragraphs 4 and 5 above, the sanctions set forth elsewhere in the Order shall continue in full force and effect until full payment is made.  However, this provision shall not be construed as affording Respondents the option of either paying the costs and assessment or being indefinitely subjected to the sanctions.
  6. Respondents Matterhorn Fund, LLC and Altamont Global Partners, LLC are ORDERED to comply with the 1972 Act and with the regulations adopted by the Commission.
  7. Should Respondents Matterhorn Fund, LLC and Altamont Global Partners, LLC fail to comply with any and all provisions of this Order, the Commission may impose additional sanctions and costs and seek other appropriate relief subject to the Respondent’s right to a hearing pursuant to the 1972 Act.

BY ORDER OF THE COMMISSION

Jeanne S. Parsons, Secretary
View Original Order (PDF)

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