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Replies to post #203887 on Xechem International Inc. (fka XKEM)
Eli's Gone
02/11/13 5:00 PM
#203888 RE: Silverrush #203887
The SEC may revoke the registration of stocks. In some circumstances, the SEC may revoke the registration of a defunct company's stock. Section 12(j) of the Exchange Act authorizes the SEC to revoke the registration of a security if the issuer fails to comply with the federal securities laws. Broker-dealers may not execute any trades in stocks whose registration has been revoked pursuant to Section 12(j).