Everly, Bradley of Chambersburg, PA

Under the automatic disciplinary provisions of the Institute’s bylaws, Mr. Everly’s AICPA membership was suspended for three years, effective September 27, 2016, in connection with the disciplinary action taken by the Securities and Exchange Commission (SEC). Specifically, through an “Offer of Settlement”, and without admitting or denying the charges, the SEC denied Mr. Everly the privilege of appearing or practicing before the Commission as an accountant with the right to apply for reinstatement after three years from the effective date of the SEC’s Order. This decision was based on the SEC’s findings that Mr. Everly, in his role as the CFO of a bank, violated Securities Act Sections 17(a)(2) and 17(a)(3) and Exchange Act Rule 13b2-1, and caused the bank to violate Exchange Act Sections 13(a), 13(b)(2)(A) and (B), and Rules 12b-20, 13a-1, and 13a-13 thereunder, and Exchange Act Rule 13a-14.