MPHJ’s Jay Mac Rust Is Ordered to Pay Big Bucks in SEC Case, Has License to Practice Law Suspended Posted on December 7, 2017 by AI staff Hope he stashed some money in that hat. MPHJ’s Jay Mac Rust must pay up as a result of a default judgment in a case brought against him by the SEC. The imaging industry deserves a well-earned moment of schadenfreude. Remember cowboy-hat-wearing Jay Mac Rust of MPHJ? To see the rest of this post, please view membership options or log into your account.