SEC Suspends Trading in 16 Stocks

 

The SEC has halted trading in the shares of a number of companies for various violations, including “lack of current and accurate information,” according to the Wall Street Journal (“SEC Suspends Trading in 16 More Firms,” by Tess Stynes). The suspensions are said to be temporary.

The SEC’s compliance “crackdown” has resulted in a record 609 suspensions so far during 2012. The SEC reportedly has also subjected Chinese companies to increased scrutiny after instances of inaccuracies in publicly disclosed information.

According to the article, the most recent suspensions involve:

AER Energy Resources Inc.
Alto Group Holdings Inc.
BizRocket.com Inc.
Fox Petroleum Inc.
Geopulse Explorations Inc.
Global Technologies Group Inc.
KMA Global Solutions International Inc.
Mike the Pike Productions Inc.
Mobile Star Corp.
SavWatt USA Inc.
Scorpex Inc.
Silver Dragon Resources Inc.
Strategic Mining Corp.
Surgline International Inc.
Thrive World Wide Inc.
Zamage Digital Art Imaging Inc.

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