SECURITIES EXCHANGE ACT OF 1934
Release No. 44585 / July 23, 2001

ADMINISTRATIVE PROCEEDING

File No. 3-10470


In the Matter of

RICHARD S. CHANCIS, MICHAEL
J. ANTON, ANTONIO R. CAMPOS,
LUIS R. LOZA, and WAYNE W.
SCHUMACHER


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ORDER ENTERING DEFAULT,
MAKING FINDINGS, AND
IMPOSING REMEDIAL
SANCTIONS

The Securities and Exchange Commission (Commission) issued its Order Instituting Administrative Proceedings Pursuant to Sections 15(b) and 19(h) of the Securities Exchange Act of 1934 (OIP), on May 4, 2001. Richard S. Chancis, Michael J. Anton, Antonio R. Campos, Luis R. Loza, and Wayne W. Schumacher (collectively, Respondents) have been served with the OIP. The Division of Enforcement (Division) filed a Motion for the Entry of a Default Order Against Respondents Chancis, Campos, and Loza on June 13, 2001, and a Motion for Entry of Default Against Respondents Anton and Schumacher on June 27, 2001 (Motions). The Motions sought orders barring Respondents from association with any broker or dealer. I issued an Order to Show Cause as to Respondents Chancis, Campos, and Loza on June 14, 2001, and an Order to Show Cause as to Respondents Anton and Schumacher on June 28, 2001 (Orders). To date, none of the Respondents have filed a response to the Motions or Orders.

As provided by Rules 155(a)(2) and 220(f) of the Commission's Rules of Practice, 17 C.F.R. §§ 201.155(a)(2) and .220(f), Respondents are in default because each has failed to answer the OIP, respond to the Motions or Orders, or otherwise defend the proceeding.

Accordingly, I find that:

A. At all relevant times, Respondents were registered representatives associated with registered broker-dealers.

B. Respondents each pled guilty to one count of a criminal indictment charging that they each participated in a criminal conspiracy to commit securities fraud, mail fraud, and wire fraud. United States v. Filippino, No. 98-8168 CR-RYSKAMP (S.D. Fla. 1998).

C. The criminal indictment alleged that from in or about 1993 through June 1995, while employed as registered representatives, Respondents accepted undisclosed compensation from a promoter for inducing their clients to purchase the securities of certain issuers affiliated with the promoter.

D. Respondents were sentenced to prison and/or probation and ordered to pay restitution to the extent their clients suffered losses.

In view of the foregoing, and pursuant to Sections 15(b) and 19(h) of the Securities Exchange Act of 1934, I find it in the public interest and necessary for the protection of investors to order that Respondents be barred from association with any broker or dealer.

Accordingly, it is ORDERED that Richard S. Chancis, Michael J. Anton, Antonio R. Campos, Luis R. Loza, and Wayne W. Schumacher are each barred from association with any broker or dealer.

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Robert G. Mahony
Administrative Law Judge