Arizona CCS issues temporary cease-and-desist against two corporations The Securities Division alleges multiple violations of securities regulations in connection with the offer and sale of investments in ATMs.

Arizona CCS issues temporary cease-and-desist against two corporations The Securities Division alleges multiple violations of securities regulations in connection with the offer and sale of investments in ATMs.
Tags: Regulatory Issues, Security
March 16, 2005

Phoenix Business Journal: The Arizona Corporation Commission's Securities Division has issued a temporary cease-and-desist order against four individuals and their spouses and the Nevada and Arizona corporations with which they are affiliated.

The Securities Division alleges multiple violations of securities regulations in connection with the offer and sale of investments in ATMs.

The companies named in the action include: M.A.C. Investments Inc. of Arizona and M.A.C. Investments Sales Inc., a Nevada corporation.