BSE to suspend trading in securities of 12 companies
The Bombay Stock Exchange today said that it has decided to suspend trading in securities of 12 companies for non-compliances of various clauses of the Listing Agreement with effect from January 13, 2011.
The SEC suspended trading in the securities of 61 empty shell companies that are delinquent in their public filings and seemingly no longer in business based on an analysis by the SEC's Microcap Fraud Working Group.