95-25824. Garcis U.S.A., Inc.; Order of Suspension of Trading
[Federal Register Volume 60, Number 201 (Wednesday, October 18, 1995)]
[Notices]
[Page 53947]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 95-25824]
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SECURITIES AND EXCHANGE COMMISSION
[File No. 500-1]
Garcis U.S.A., Inc.; Order of Suspension of Trading
October 13, 1995.
It appears to the Securities and Exchange Commission that there is
a lack of current and accurate information concerning the securities of
Garcis U.S.A., Inc. (``Garcis'') because of questions regarding the
accuracy of assertions by Garcis, and by others, in documents sent to
and statements made to market-makers of the stock of Garcis, other
broker-dealers, and to investors concerning, among other things: (1)
The identity of the persons in control of the operations and management
of the company; (2) the amount of sales and customer orders received by
Garcis; and (3) contracts entered into by Garcis.
The Commission is of the opinion that the public interest and the
protection of investors require a suspension of trading in the
securities of the above listed company.
Therefore, it is ordered, pursuant to Section 12(k) of the
Securities Exchange Act of 1934, that trading in the above listed
company is suspended for the period from 9:30 a.m. EST, October 13,
1995 through 11:59 p.m. EST, on October 26, 1995.
By the Commission.
Jonathan G. Katz,
Secretary.
[FR Doc. 95-25824 Filed 10-13-95; 1:13 pm]
BILLING CODE 8010-01-M
Document Information
- Published:
- 10/18/1995
- Department:
- Securities and Exchange Commission
- Entry Type:
- Notice
- Document Number:
- 95-25824
- Pages:
- 53947-53947 (1 pages)
- Docket Numbers:
- File No. 500-1
- PDF File:
-
95-25824.pdf