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Tuesday, 05/26/2009 12:52:59 PM

Tuesday, May 26, 2009 12:52:59 PM

Post# of 6124
May 22, 2009 (SECURITIES AND EXCHANGE COMMISSION RELEASE/ContentWorks via
COMTEX) -- On May 22, the Commission revoked the registration of each class of
registered securities of Warning Management Services, Inc. (Warning Management)
for failure to make required periodic filings with the Commission.

Without admitting or denying the findings in the Order, except as to
jurisdiction, which it admitted, Warning Management consented to the entry of an
Order Making Findings and Revoking Registration of Securities Pursuant to
Section 12(j) of the Securities Exchange Act of 1934 as to Warning Management
Services, Inc. finding that it had failed to comply with Section 13(a) of the
Securities Exchange Act of 1934 (Exchange Act) and Rules 13a-1 and 13a-13
thereunder and revoking the registration of each class of Warning Management's
securities pursuant to Section 12(j) of the Exchange Act. This order settled the
charges brought against Warning Management in In the Matter of Wade Cook
Financial Corp., et al., Administrative Proceeding File No. 3-13461.

Brokers and dealers should be alert to the fact that Exchange Act Section 12(j)
provides, in pertinent part, as follows:

No member of a national securities exchange, broker, or dealer shall make use of
the mails or any means or instrumentality of interstate commerce to effect any
transaction in, or to induce the purchase or sale of, any security the
registration of which has been and is suspended or revoked . . . .

For further information see Order Instituting Administrative Proceedings and
Notice of Hearing Pursuant to Section 12(j) of the Securities Exchange Act of
1934, In the Matter of Wade Cook Financial Corp., et al., Administrative
Proceeding File No. 3-13461, Exchange Act Release No. 59868 (May 6, 2009). (Rel.
34-59968; File No. 3-13461)


“Those who don't know history are destined to repeat it.”
Edmund Burke (British Statesman and Philosopher, 1729-1797

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