SEC Response:
Dear Mr. XXXXXXXXXX:
Thank you for contacting the U.S. Securities and Exchange Commission (SEC) to inform us of your concerns about Sierra Resource Grp, Inc. (SRG), and its disclosures discrepancies. Specifically, you mentioned SRG’s failure to disclose corporate leadership changes involving Mr. Timothy Benjamin and Mr. Rod Martin and the recent SRG transactions relating to the Chloride Copper Mine.
The Office of Investor Education and Advocacy (OIEA) processes many complaints received from individual investors and others. We keep records of the correspondence we receive in a searchable database that SEC staff may make use of in inspections, examinations, and investigations. In addition, some correspondence received by OIEA is referred directly to other SEC offices and divisions for their review.
The SEC conducts its investigations on a confidential and nonpublic basis and neither confirms nor denies the existence of an investigation unless the SEC brings charges against someone involved. We do this to protect the integrity and effectiveness of our investigative process and to preserve the privacy of the individuals and entities involved. As a result, we will be unable to confirm whether an investigation exists or provide you with any updates on the status of your complaint or of any pending SEC investigation. Information on our policy is enclosed. You may wish to check our website, www.sec.gov, for information about pending SEC civil actions, administrative cases, and other matters.
Thank you for communicating your concerns.
Sincerely,
Rebecca Ament Marquigny
Attorney - Advisor
Office of Investor Education and Advocacy
U.S. Securities and Exchange Commission
(800) 732-0330
