SEC Issues Trading Suspension of the Securities of High End Ventures
On October 21, 2013, the Securities and Exchange Commission (the “SEC”) announced the temporary suspension of trading in the securities of High End Ventures, Inc. The SEC’s trading suspension of High End Ventures, Inc. is due to a lack of current and accurate information about the company because it has not filed certain periodic reports with the SEC. The SEC’s order of trading suspension was entered pursuant to Section 12(k) of the Securities Exchange Act of 1934 (Exchange Act).
The SEC cautioned brokers, dealers, shareholders and prospective purchasers that they should carefully consider the foregoing information along with all other currently available information and any information subsequently issued by this company.
Brokers and dealers should be alert to the fact that, pursuant to Exchange Act Rule 15c2-11, at the termination of the trading suspension, no quotation may be entered relating to the securities of the subject company unless and until the broker or dealer has strictly complied with all of the provisions of the rule. If any broker or dealer is uncertain as to what is required by the rule, it should refrain from entering quotations relating to the securities of this company that have been subject to a trading suspension until such time as it has familiarized itself with the rule and is certain that all of its provisions have been met.
For further information about this securities law blog post, please contact Brenda Hamilton, Securities Attorney at 101 Plaza Real S, Suite 202 N, Boca Raton, Florida, (561) 416-8956, by email at [email protected] or visit www.securitieslawyer101.com. This securities law blog post is provided as a general informational service to clients and friends of Hamilton & Associates Law Group and should not be construed as, and does not constitute, legal and compliance advice on any specific matter, nor does this message create an attorney-client relationship. Please note that the prior results discussed herein do not guarantee similar outcomes.
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Brenda Hamilton, Securities Attorney
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