Olins

ORDER GRANTING IN PART AND DENYING IN PART PLAINTIFF’S MOTION FOR INJUNCTIVE RELIEF AND MONETARY REMEDIES

Before the Court is plaintiff Securities and Exchange Commission’s (“SEC”) “Motion for Injunctive Relief and Monetary-Remedies,” filed July 21, 2010. Defendants Robert Olins (“Olins”) and Argyle Capital Management Corporation (“Argyle”) (collectively, “defendants”) have filed opposition, to which the SEC has replied. Having read and considered the papers filed in support of and in opposition to the motion, the Court hereby rules as follows.

BACKGROUND

On November 2, 2009, 2009 WL 3579086 , the Court granted in part and denied in part the SEC’s motion for partial summary judgment on the SEC’s claims that defendants violated Sections 5(a) and (c) of the Securities Act of 1933 (“Securities Act”), 15 U.S.C. § 77e(a) and (c); Section 13(d) of the Securities Exchange Act of 1934 (“Exchange Act”), 15 U.S.C. § 78m(d); and Section 16(a) and Rule 16a-3 of the Exchange Act, 15 U.S.C. § 78p(a); 17 C.F.R. § 240 .16a-3. (See Order Granting in Part and Den. in Part Pl.’s Mot. for Partial Summ. J. (“Order”) at 2.) Speeifically, the Court found the SEC was entitled to summary judgment on…