UNITED STATES OF AMERICA
before the
SECURITIES AND EXCHANGE COMMISSION

Securities Exchange Act of 1934

Release No. 40677 / November 13, 1998

Administrative Proceeding

File No. 3-9613

In the Matter of

HOWE, SOLOMON AND HALL

AND CHRISTOPHER J. HALL

Respondents.

NOTICE OF PROPOSED PLAN OF DISGORGEMENT

AND OPPORTUNITY FOR COMMENT BY NON-PARTIES

Notice is given, pursuant to Rule 612 of the Commission’s Rule of Practice [17 C.F.R. 201.612], that the staff of the Division of Enforcement has filed its Proposed Plan of Disgorgement ("Disgorgement Plan") with the United States Securities and Exchange Commission ("Commission"). In accordance with this notice, all interested parties are advised that the Disgorgement Plan may be obtained by submitting a written request to Glenn S. Gordon, Branch Chief, Securities and Exchange Commission, Southeast Regional Office, 1401 Brickell Avenue, Suite 200, Miami, Florida 33131. Further, all persons desiring to comment on the Disgorgement Plan may submit their views within 30 days of publication of this Notice, in writing, to the Office of the Secretary, Securities and Exchange Commission at 450 Fifth Street, N.W., Washington, D.C. 20549.

Pursuant to an Order entered by the Commission on May 28, 1998, Howe, Solomon & Hall ("HSH") paid the Commission disgorgement and prejudgment interest of $135,412. The disgorgement figure represents ill-gotten gains, and prejudgment interest thereon, that HSH received as a result of undisclosed excessive markups in its sales of certain municipal bonds from September 7, 1994, through October 12, 1994. The Disgorgement Plan provides for the HSH customers identified on the attached Exhibit A to receive disgorgement and prejudgment interest funds in the amounts indicated on Exhibit A.

3-9613 Exhibit A

http://www.sec.gov/litigation/admin/3-9613.htm