FACDS

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                    [ArticleID] => 767494
                    [Title] => SEC revokes license of suspected boiler room firm
                    [Summary] => 
The Securities and Exchange Commission (SEC) has revoked the operating license of First Asia Client Depository Services Inc. (FACDS) for fraud committed in the procurement of its registration certificate.
                    [DatePublished] => 2012-01-15 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

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SEC revokes license of suspected boiler room firm

By Zinnia B. Dela Peña | January 15, 2012 - 12:00am

The Securities and Exchange Commission (SEC) has revoked the operating license of First Asia Client Depository Services Inc. (FACDS) for fraud committed in the procurement of its registration certificate.

Business