96-24057. JDMC Global Corp.; Order of Suspension of Trading

[Federal Register Volume 61, Number 182 (Wednesday, September 18, 1996)]
[Notices]
[Page 49184]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 96-24057]


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SECURITIES AND EXCHANGE COMMISSION
[File No. 500-1]


JDMC Global Corp.; Order of Suspension of Trading

    It appears to the Securities and Exchange Commission 
(``Commission'') that there is a lack of current and accurate 
information concerning the securities of JDMC Global Corp. (``JDMC 
Global'') because of questions regarding the accuracy of 
representations and assertions by JDMC Global, and by others, in 
documents sent to and statements made to market makers of the stock of 
JDMC Global, other broker-dealers, and to investors concerning, among 
other things: (1) The value of certain JDMC Global assets listed on its 
audited financial statements; and (2) a contract to construct homes in 
South Africa.
    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. EDT, September 16, 
1996 through 11:59 p.m. EDT, on September 27, 1996.

    By the Commission.

    Dated: September 16, 1996.
Jonathan G. Katz,
Secretary.
[FR Doc. 96-24057 Filed 9-16-96; 1:09 pm]
BILLING CODE 8010-01-M