John Thomas Capital Management Group LLC, d/b/a Patriot28 LLC, George R. Jarkesy Jr., John Thomas Financial, Inc., and Anastasios "Tommy' Belesis (Order Extending Deadline for Filing Initial Decision)

UNITED STATES OF AMERICA before the SECURITIES AND EXCHANGE COMMISSION SECURITIES ACT OF 1933 Release No. 9507 / December 30, 2013 SECURITIES EXCHANGE ACT OF 1934 Release No. 71204 / December 30, 2013 INVESTMENT ADVISERS ACT OF 1940 Release No. 3749 / December 30, 2013 INVESTMENT COMPANY ACT OF 1940 Release No. 30851 / December 30, 2013 ADMINISTRATIVE PROCEEDING File No. 3-15255 In the Matter of JOHN THOMAS CAPITAL MANAGEMENT GROUP LLC d/b/a PATRIOT28 LLC, GEORGE R. JARKESY, JR., JOHN THOMAS FINANCIAL, INC., and ANASTASIOS "TOMMY" BELESIS ORDER EXTENDING DEADLINE FOR FILING INITIAL DECISION On October 31, 2013, respondents John Thomas Capital Management Group LLC d/b/a Patriot28 LLC and George R. Jarkesy, Jr. filed a petition with the Commission for interlocutory review of rulings made by an administrative law judge. We issued an interim stay on November 13, 2013 for the duration of our consideration of the petition. We denied the petition for interlocutory review on December 6, 2013. The Order Instituting Proceedings was issued on March 22, 2013. It directs the law judge to issue an initial decision within 300 days of the date of service of the OIP. On our own motion, and pursuant to Rules 100(c), 161(a), and 360(a)(2), we extend the time period within which the law judge must issue the initial decision.1 We find that it is appropriate and in interests of justice to extend the deadline because proceedings were stayed by our November 13 order. 1 17 C.F.R. §§ 201.100(c), 201.161(a), 360(a)(2); Michael Sassano, Exchange Act Release No. 56874, 2007 WL 4699012, at *4 (Nov. 30, 2007) (tolling the "300-day period for rendering an initial decision in this proceeding . . . for the period of the Commission's consideration" of a petition for interlocutory review). 2 Accordingly, IT IS ORDERED that the deadline for filing the initial decision in this proceeding is extended to April 17, 2014. By the Commission. Elizabeth M. Murphy Secretary