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Routine Enforcement Amended Final

Order Granting Extension of Time to Respond for Andrew Actman

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Filed March 26th, 2026
Detected March 26th, 2026
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Summary

The SEC has granted an extension for respondent Andrew Actman to respond to a motion to vacate sanctions. The Division of Enforcement's response is now due by April 10, 2026, and Actman may reply by May 8, 2026.

What changed

This order grants a procedural extension for respondent Andrew Actman in an ongoing administrative proceeding (Admin. Proc. File No. 3-15823). The respondent had filed a motion to vacate sanctions, and the Division of Enforcement requested additional time to respond. The SEC has granted this request, setting a new deadline of April 10, 2026, for the Division's response and May 8, 2026, for Actman's reply.

This is a procedural update that does not affect the underlying merits of the case. Compliance officers should note the new filing deadlines for the parties involved. The order also reminds parties of e-filing requirements and the need for certificates of service.

What to do next

  1. Note the updated response deadline of April 10, 2026, for the Division of Enforcement.
  2. Note the updated reply deadline of May 8, 2026, for respondent Andrew Actman.
  3. Ensure compliance with e-filing requirements and certificate of service mandates.

Source document (simplified)

UNITED STATES OF AMERICA before the SECURITIES AND EXCHANGE COMMISSION SECURITIES EXCHAGE ACT OF 1934 Release No. 105084 / March 26, 2026 INVESTMENT COMPANY ACT OF 1940 Release No. 36068 / March 26, 2026 Admin. Proc. File No. 3-15823 In the Matter of VISIONARY TRADING LLC, LIGHTSPEED TRADING LLC, ANDREW ACTMAN, JOSEPH DONDERO, EUGENE GIAQUINTO, LEE HEISS, and JASON MEDVIN ORDER GRANTING EXTENSION OF TIME TO RESPOND On March 20, 2026, respondent Andrew Actman (“Respondent”) filed a motion to vacate the final order and sanctions levied against him in Visionary Trading LLC, a settled Commission administrative proceeding brought under Sections 15(b) and 21C of the Securities Exchange Act of 1934 and Section 9(b) of the Investment Company Act of 1940. Respondent filed a 1 supplement to that motion on March 24, 2026. Also on March 24, 2026, the Division of Enforcement filed a request for an extension of time to April 10, 2026, in which to respond to the motion and supplement, and represented that Respondent has consented to the extension request. It appears that there is good cause to grant the extension sought. Accordingly, IT IS 2 ORDERED that the Division file a response to Respondent’s motion by April 10, 2026. Respondent may file a reply by May 8, 2026. Visionary Trading LLC, et al., Exchange Act Release No. 71871, 2014 WL 1338258 1 (Apr. 4, 2014). See Rule of Practice 161(a), 17 C.F.R. § 201.161(a); see also Pending Administrative 2

Proceedings, Exchange Act Release No. 88415, 2020 WL 1322001 (Mar. 18, 2020) (providing

that, pending further order of the Commission, reasonable requests for extensions of time will not be disfavored as stated in Rule of Practice 161).

2 This order expresses no view as to the merits of the parties’ arguments or underlying merits regarding the motions to vacate. The parties are reminded that they must include a certificate of service with each filing they make with the Commission. In addition, the parties’ 3 attention is directed to the e-filing requirements in the Rules of Practice. 4 For the Commission, by its Secretary, pursuant to delegated authority. 5 Vanessa A. Countryman Secretary

See Rule of Practice 150, 17 C.F.R. § 201.150 (generally requiring parties to serve each 3 other with their filings); Rule of Practice 151(d), 17 C.F.R. § 201.151(d) (“Papers filed with the Commission . . . shall be accompanied by a certificate stating the name of the person or persons served, the date of service, the method of service, and the mailing address or email address to which service was made, if not made in person.”). See Rules of Practice 151, 152(a), 17 C.F.R. §§ 201.151, .152(a) (providing procedure for 4 filing papers with the Commission and mandating electronic filing in the form and manner posted on the Commission’s website); Instructions for Electronic Filing and Service of

Documents in SEC Administrative Proceedings and Technical Specifications,

https://www.sec.gov/efapdocs/instructions.pdf. Parties generally also must certify that they have redacted or omitted sensitive personal information from any filing. Rule of Practice 151(e), 17 C.F.R. § 201.151(e). 17 C.F.R. § 200.30-7(a)(4). 5

CFR references

17 CFR 201.161(a) 17 CFR 201.150 17 CFR 201.151(d) 17 CFR 201.151 17 CFR 201.152(a) 17 CFR 201.151(e) 17 CFR 200.30-7(a)(4)

Classification

Agency
SEC
Filed
March 26th, 2026
Compliance deadline
April 10th, 2026 (14 days)
Instrument
Enforcement
Legal weight
Binding
Stage
Final
Change scope
Minor
Document ID
34-105084 / 36068
Docket
3-15823

Who this affects

Applies to
Legal professionals
Industry sector
5231 Securities & Investments
Activity scope
Administrative Proceedings
Geographic scope
United States US

Taxonomy

Primary area
Securities
Operational domain
Legal
Topics
Administrative Proceedings Enforcement Actions

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