Business
SEC Suspension of Trading
SEC Suspension of Trading.
About this update from Rocky Mountain Ayre, Inc.
[{"type":"text","content":" UNITED STATES OF AMERICABefore theSECURITIES AND EXCHANGE COMMISSIONSECURITIES EXCHANGE ACT OF 1934Release No. 81639 / September 15, 2017The Securities and Exchange Commission (\"Commission\") announced the temporary suspension, pursuant to Section 12(k) of the Securities Act of 1934 (the \"Exchange Act\"), of trading in the securities of Rocky Mountain Ayres, Inc. (\"RMTN\"), a Delaware corporation, at 9:30 a.m. EDT on September 18, 2017, and terminating at 11:59 a.m. on September 29, 2017.The Commission temporarily suspended trading in the securities of RMTN because of questions regarding the accuracy of assertions by RMTN in a press release dated August 22, 2017, and in the \"Project White Paper\" documents, accessible through a link in the press release, concerning, among other things, the Kairos ETF. This order was entered pursuant to Section 12(k) of the Exchange Act.The Commission cautions broker-dealers, shareholders, and prospective purchasers that they should carefully consider the foregoing information along with all other currently available information and any information subsequently issued by the company.Further, brokers and dealers should be alert to the fact that, pursuant to Rule 15c2 11 under the Exchange Act, at the termination of the trading suspension, no quotation may be entered unless and until they have strictly complied with all of the provisions of the rule. If any broker or dealer has any questions as to whether or not he has complied with the rule he should not enter any quotation but immediately contact the staff in the Division of Trading and Markets, Office of Interpretation and Guidance, at (202) 551-5777. If any broker or dealer is uncertain as to what isrequired by Rule 15c2-11, he should refrain from entering quotations relating to RMTN's securities until such time as he has familiarized himself with the rule and is certain that all of its provisions have been met. If any broker or dealer enters any quotation which is in violation of the rule, the Commission will consider the need for prompt enforcement action.If any broker-dealer or other person has any information which may relate to this matter, contact Jason Berkowitz, Assistant Regional Director, Miami Regional Office, and Microcap Fraud Task Force Co-Chair, at (305) 982-6309. The SEC appreciates the assistance of the Financial Indu...