A British Virgin Islands-domiciled company and its President have agreed to a Cease and Desist Order and a civil penalty following an administrative proceeding brought by the SEC.
Kading Companies S.A. and Kevin H. Kading, 42, were among four Respondents accused of acting as broker-dealers in the United States without being registered by the SEC. The other Respondents were Utah-registered Joning Corp. (f.k.a. Global Stock Exchange Corp.), which was 55 per cent-owned by Kading Corp; and John O. Jones Jr., 54, Joning’s President.
BVI-domiciled Kading Companies SA agrees to SEC Cease and Desist Order
24 years ago
Topics
British Virgin Islands Fraud Investment Listed Securities USAKeywords
Global Stock Exchange Corp. John Jones, Jr. Joning Corp. Kading Companies SA Kading Corp.