Another Way to Restore a Section 12(j) Issuer’s Exchange Act Registration

Section 12(j) of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), authorizes the Securities and Exchange Commission (the “Commission”) to revoke an issuer’s Exchange Act registration for failure to comply with any provision of the Exchange Act or any of the regulations promulgated thereunder. Section 12(j) also prohibits broker-dealers from effecting transactions in the securities of any issuer whose registration has been so revoked.

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