Suspension of Trading
Oct 11, 2013
OTC Disclosure & News Service
Washington, D.C. -
U.S. SECURITIES AND EXCHANGE COMMISSION
SECURITIES EXCHANGE ACT OF 1934
Release No. 70681 / October 11, 2013
The Securities and Exchange Commission announced the temporary suspension, pursuant to
Section 12(k) of the Securities Exchange Act of 1934 (the "Exchange Act"), of trading in the
securities of Pacific Clean Water Technologies, Inc. ("PCWT"), of Irvine, California, at 5:30
p.m. EDT on October 11, 2013, through 11:59 p.m. EDT, on October 24, 2013.
The Commission temporarily suspended trading in the securities of PCWT because of questions
that have been raised about the accuracy and adequacy of publicly disseminated information
concerning, among other things, the company's business operations. This order was entered
pursuant to Section 12(k) of the Securities Exchange Act of 1934 (Exchange Act).
The Commission cautions broker-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 the company.
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 he has complied with the rule, he should not enter any
quotation but immediately contact the staff in the Division of Trading and Markets, Office of
Interpretation and Guidance, at (202) 551-5777. If any broker or dealer is uncertain as to what is
required by Rule 15c2-11, he should refrain from entering quotations relating to PCWT's
securities until such time as he has familiarized himself 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 Commission will consider the need for prompt enforcement action.
If any broker-dealer or other person has any information which may relate to this matter, they
should contact John P. Lucas, Senior Counsel, at (202) 551-5798.
|
1 |
Thread abonnieren
