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Before the

SECURITIES AND EXCHANGE COMMISSION

INVESTMENT ADVISERS ACT OF 1940

Release No. 2525 / June 22, 2006

ADMINISTRATIVE PROCEEDING

File No. 3-12341

In the Matter of

WEISS RESEARCH, INC., MARTIN WEISS, AND LAWRENCE EDELSON

Respondents.

::::::::::

ORDER INSTITUTING PUBLIC ADMINISTRATIVE AND CEASE-AND-DESIST PROCEEDINGS, MAKING FINDINGS, AND IMPOSING REMEDIAL SANCTIONS AND A CEASE-AND-DESIST ORDER PURSUANT TO SECTIONS 203(e), 203(f), AND 203(k) OF THE INVESTMENT ADVISERS ACT OF 1940

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