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Saturday, June 22, 2024 | Back issues
Courthouse News Service Courthouse News Service

SEC Suspends Trading of IBVG

(CN) - The Securities and Exchange Commission has temporarily suspended the trading of Delray Beach, Fla.-based International Business Ventures Group because of questions regarding the accuracy of publicly disseminated information.

The SEC ordered the suspension pursuant to the Securities and Exchange Act after questions were raised regarding the currency and adequacy of public information. The questions concerned, among other things, IBVG's products and business prospects. According to the SEC's news release, the suspension will stand from March 6th until March 19th.

The SEC is cautioning brokers and dealers to not enter into any quotation relating to IBVG's securities unless prepared to comply with all provisions under the Exchange Act.

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