Washington, DC (STL.News) The US Securities and Exchange Commission (SEC) has filed an Administrative Proceeding (File No. 3-20178) on December 18, 2020 against Roger E. Dobrovodsky pursuant to Section 15(b) of The Securities Exchange Act of 1934 and Section 203(f) of The Investment Advisors Act of 1940, making findings and imposing Remedial Sanctions.