Spencer Barasch has been barred for one year from appearing and practicing before the Securities and Exchange Commission.

The former enforcement official in the commission's Fort Worth office has been at the center of a legal maelstrom concerning his role in first helping the SEC decide how to proceed against the Houston financier and sports promoter and then, after leaving the commission, trying to use his background and contacts at the SEC to defend him.

The one-year ban was imposed after Barasch already had agreed to pay a $50,000 civil fine in the case to the U.S. Justice Department.

Barasch was the Associate District Director for the Division of Enforcement from June 1998 to April 2005. He lived in Dallas, but worked out of Fort Worth.

According to the Commission's order, while at the Commission, Barasch took part "personally and substantially" in decisions about possible securities law violations by Stanford and entities he ran, including Stanford Group Company.

After going into private law in 2005, Barasch asked whether he could represent Stanford Group Company before the Commission and was told that he was permanently barred from doing so on any matters in which he had been involved while at the Commission.

Barasch, according to the SEC’s order, didn’t represent Stanford Group Company at that time.

But the fall of 2006, he billed Stanford Group for 12 hours of work involving matters he had worked on while at the commission.

Among other things, Barasch tried to obtain information about the commission's Stanford investigation from Commission staff in Fort Worth.

The Commission's order found that Barasch’s conduct constituted "improper professional conduct" under Rule 102(e) of its rules of practice.