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1
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SEC ADMINISTRATIVE PROCEEDING
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EXTRACTED KEY WORDS
OFFERING PRICE SECURITIES EXCHANGE ACT TENDER MINI-TENDER COMMISSION SHAREHOLDERS DTC MATERIALS MARKET INFORMATION SERVICES FIRM INSTITUTING PURSUANT FINDINGS RECEIVING TARGET COMPANIES OFFERING DOCUMENT SHARES CALCULATION SETTLEMENT IMPOSING CEASE-AND-DESIST ORDER HEREBY FACTS ARIZONA INVESTING DISCLOSURE REGULATION DISSEMINATE |
UNITED STATES OF AMERICA
before the
SECURITIES AND EXCHANGE COMMISSION
Securities Exchange Act of 1934
Release No. 41759 / August 19, 1999
Administrative Proceeding
File No. 3-9980
In the Matter of
IG HOLDINGS, INC.,
Respondent.
ORDER INSTITUTING PROCEEDINGS
PURSUANT TO SECTION 21C OF THE
SECURITIES EXCHANGE ACT OF 1934,
MAKING FINDINGS, AND IMPOSING A
CEASE-AND-DESIST ORDER
I.
The Commission deems it appropriate that proceedings be, and hereby
are, instituted pursuant to Section 21C of the Securities Exchange Act
of 1934 ("Exchange Act") against IG Holdings, Inc. ("IG Holdings").
II.
In anticipation of the institution of these administrative
proceedings, IG Holdings has submitted an Offer of Settle-ment that
the Commission has determined to accept. Solely for the purposes of
these proceedings and any other proceedings brought by or on behalf of
the Commission or to which the Commission is a party, and prior to a
hearing and without admitting or denying the findings set forth
herein, IG Holdings consents to the entry of this Order Instituting
Proceedings Pursuant to Section 21C of the Securities Exchange Act of
1934, Making Findings, and Imposing a Cease-and-Desist Order
("Order"). The Commission has determined that it is appropriate to
accept the Offer of Settlement from IG Holdings, and accordingly is
issuing this Order.
III.
FACTS
Based on the foregoing, the Commission finds that
A. Respondent
SNIPPETS:
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