tly enjoined from violating, among other provisions, the antifraud provisions of the Securities Act and the Exchange Act charged herein. See SEC v. Samuel E Wyly et al., Civ. Action No. 79- 3275, Lit. Rd. No. 8943 (., Dec. 6, 1979). 16. Charles Wyly, 76, a resident of Dallas, Texas, served as Michaels' Vice- Chai