SEC Dismisses Proceedings Against Global Crown Capital

Share Article

The United States Securities and Exchange Commission ("SEC") dismissed proceedings against Global Crown Capital, J&C Global Securities Investments, LLC, and RANI T. JARKAS. On February 20, 2007, the SEC announced that four months earlier on October 16, 2006, they had issued a stay of the proceedings pending its own motion to dismiss. On February 20, 2007, the SEC granted the motion.

BusinessWire

BusinessWire

Compliance Leaders of the Year.

    Rani Jarkas, Global Crown Capital's Managing Partner and Chief Investment Officer, said, "We are pleased this process ended and that we can now continue servicing our clients without further interruption."

Mr. Jarkas added, "We strive for excellence in our business practices. We are proud of our accomplishments on both the service and compliance sides of our business." In fact, the Compliance Reporter, a publication of Institutional Investor, recently recognized our compliance team for their significant contributions to financial services compliance and regulation by nominating them as "Compliance Leaders of the Year."

Further information on the SEC dismissal can be found at http://www.sec.gov/litigation/admin/2007/34-55318.pdf.

Global Crown Capital, LLC

Global Crown Capital specializes in institutional services including Global Equity Research, Hedge Fund Services, Institutional Sales & Trading and Wealth Management. GCC is unique in that it is focused on providing best-in-class services to buy-side clients, without the distraction of pursuing investment banking relationships with corporate issuers. GCC is a member of the NASD and SIPC. For more information, contact Helen Simms at 415-354-7183.

Share article on social media or email:

View article via:

Pdf Print

Contact Author

Helen Simms
Visit website