SEC Issues Trading Suspension of Triumph Ventures – TRVX
On April 10, 2015, the Securities and Exchange Commission (“SEC”) announced the trading suspension, pursuant to Section 12(k) of the Securities Exchange Act of 1934 (“Exchange Act”), of trading in the securities of Triumph Ventures Corp. (“Triumph Ventures”) of Jerusalem, Israel, at 9:30 a.m. EDT on April 10, 2015 and terminating at 11:59 p.m. EDT on April 23, 2015.
Triumph Ventures’ securities are quoted under the trading symbol “TRVX” quoted on OTC Link operated by OTC Markets Group, Inc. The Commission temporarily suspended trading in the securities of Triumph Ventures due to a lack of current and accurate information concerning, the company’s control persons, officers, directors, and the ownership of its stock.
The SEC cautions 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 Triumph Ventures. Further, brokers and dealers should be alert to the fact that, pursuant to Rule 15c2-11 under the Exchange Act, at the termination of the trading suspension, no quotation may be entered unless and until they have strictly complied with all of the provisions of the rule. If any broker or dealer has any questions as to whether or not it has complied with the rule, it should not enter any quotation.
If any broker or dealer is uncertain as to what is required by Rule 15c2-11, it should refrain from entering quotations relating to Triumph Ventures’ securities until such time as it has familiarized itself with the rule and is certain that all of its provisions have been met. If any broker or dealer enters any quotation which is in violation of the rule, the SEC will consider the need for prompt enforcement action.
For further information, please contact Brenda Hamilton, Securities Attorney at 101 Plaza Real South, Suite 202 North, Boca Raton, FL, (561) 416-8956, or by email at [email protected]. This securities law Q & A is provided as a general or informational service to clients and friends of Hamilton & Associates Law Group, P.A. and should not be construed as, and does not constitute legal advice on any specific matter, nor does this message create an attorney-client relationship. Please note that prior results discussed herein do not guarantee similar outcomes.
Hamilton & Associates | Securities Lawyers
Brenda Hamilton, Going Public Attorney
101 Plaza Real South, Suite 202 North
Boca Raton, Florida 33432
Telephone: (561) 416-8956
Facsimile: (561) 416-2855