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1
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SEC ADMINISTRATIVE PROCEEDING
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EXTRACTED KEY WORDS
C-BAND SYSTEM EXCHANGE ACT COMMISSION PATENT SECURITIES INSTITUTING CEASE-AND-DESIST PROCEEDINGS FINDINGS CHEMICAL TERRORISM MATERIAL FACT AGENT COMMITMENTS THEREUNDER VIOLATION MAKING FINDINGS IMPOSING PURSUANT GOVERNMENT LEADERS PROTECT CIVILIANS NEUTRALIZATION RESPONDENT DEEMS HEREBY SANCTION JERSEY COMMON STOCK CITIZENS LIFE CHEMICAL TERRORISM ATTACKS |
UNITED STATES OF AMERICA
Before the
SECURITIES AND EXCHANGE COMMISSION
SECURITIES EXCHANGE ACT OF 1934
Release No. 45055 / November 15, 2001
ADMINISTRATIVE PROCEEDING
File No. 3-10637
_________________________________________________________________
In the Matter of
R-TEC TECHNOLOGIES, INC.,
Respondent.
_________________________________________________________________
ORDER INSTITUTING CEASE-AND-DESIST PROCEEDINGS, MAKING FINDINGS, AND
IMPOSING A CEASE-AND-DESIST ORDER
I.
The Securities and Exchange Commission ("Commission") deems it
appropriate that public cease-and-desist proceedings be, and they
hereby are, instituted pursuant to Section 21C of the Securities
Exchange Act of 1934 ("Exchange Act") against R-Tec Technologies, Inc.
("R-Tec Technologies" or "Respondent").
II.
In anticipation of the institution of the administrative proceedings,
R-Tec Technologies has submitted an Offer of Settlement ("Offer"),
which the Commission has determined to accept. R-Tec Technologies
admits the jurisdiction of the Commission over it and the subject
matter of these proceedings. Solely for the purpose of this proceeding
and any other proceeding brought by or on behalf of the Commission or
to which the Commission is a party, prior to a hearing and without
admitting or denying the findings, R-Tec Technologies consents to the
issuance of this Order Instituting Cease-and-Desist Proceedings,
Making Findings and Imposing a Cease-and-Desist Order ("Order") and to
the entry of the findings and the imposition of the remedial sanction
as set forth below. Accordingly, IT IS ORDERED that said proceedings
be, and hereby are, instituted.
III.
On the basis of this Order and the Offer, the Commission finds that
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