SEC Suspends Trading of Thermo Tech Technologies, 2 Others

Jack Humphrey, Regulatory journalist
February 07, 2012 /

The U.S. Securities and Exchange Commission has temporarily suspended the trading in the securities of Thermo Tech Technologies Inc., T.V.G. Technologies Ltd., and Visual Frontier, Inc., commencing at 9:30 a.m. EST on January 31, 2012 and terminating at 11:59 p.m. EST on February 13, 2012.

The SEC temporarily suspended trading in the securities of the foregoing companies due to a lack of current and accurate information about the companies because they have not filed certain periodic reports with the Commission.

This order was entered pursuant to Section 12(k) of the Securities Exchange Act of 1934 (Exchange Act).

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 these companies.

Brokers and dealers are urged to be alert to the fact that, pursuant to Exchange Act Rule 15c2-11, at the termination of the trading suspensions, no quotation may be entered relating to the securities of the subject companies 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 these companies that have been subject to trading suspensions until such time as it has familiarized itself with the rule and is certain that all of its provisions have been met, the SEC said.

 

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