News for 'WNMI' - (ENFORCEMENT PROCEEDINGS - In the Matter of Wade Cook
Financial Corp.)
Jun 08, 2009 (SECURITIES AND EXCHANGE COMMISSION RELEASE/ContentWorks via
COMTEX) -- An Administrative Law Judge has issued an Order Making Findings and
Revoking Registrations by Default as to Six Respondents (Default Order) in Wade
Cook Financial Corp., Administrative Proceeding No. 3-13461. The Order
Instituting Proceedings (OIP) alleged that seven Respondents repeatedly failed
to file required annual and quarterly reports while their securities were
registered with the Securities and Exchange Commission (Commission). The Default
Order finds these allegations to be true and revokes the registrations of each
class of registered securities of Wade Cook Financial Corp., Weldotron Corp.,
Western Microwave, Inc., Wickes, Inc., Worldwide Technologies, Inc., and
Worldwide Xceed Group, Inc. (n/k/a Liquidating WXG, Inc.), pursuant to Section
12(j) of the Securities Exchange Act of 1934.
The Commission previously accepted an Offer of Settlement from Warning
Management Services, Inc., the other Respondent named in the OIP. Wade Cook Fin.
Corp., Exchange Act Release No. 59968 (May 22, 2009). (Rel. 34-60058; File No.
3-13461)
“Those who don't know history are destined to repeat it.”
Edmund Burke (British Statesman and Philosopher, 1729-1797
