Allixon International Corp.

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Temple Financial settles SEC action

An offshore stock broker has agreed to disgorge $253,346 and pay a civil money penalty of $15,000 to settle regulatory action brought by the U. S. Securities and Exchange Commission. The size of the disgorgement represents commissions that Turks and Caicos Islands-based Temple Securities Ltd. earned through the sale of unregistered securities in Allixon International Corp., stated the SEC.

SEC acts against offshore stock brokerage

A Turks & Caicos Islands-based stock brokerage firm and its principal officer are engaged in a legal battle with the Securities & Exchange Commission in the United States. The SEC is seeking an order enjoining Temple Securities Ltd. and its President, CEO and Director, David Clayton Knipe, from violating the Securities Act of 1933.