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                    [ArticleID] => 291649
                    [Title] => SEC stops firm from selling golf club membership
                    [Summary] => The Securities and Exchange Commission (SEC) has issued an order stopping sports facility operator YNC Corp. from further offering non-proprietary club membership certificates of Makati Golf Club (MGC) to the public.


At the same time, the SEC directed YNC to explain why the cease-and-desist order (CDO) should not be made permanent and why it should not be sanctioned for selling membership certificates of MGC without prior registration from the commission.


                    [DatePublished] => 2005-08-15 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
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VERNETTE G

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    [results] => Array
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            [0] => Array
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                    [ArticleID] => 291649
                    [Title] => SEC stops firm from selling golf club membership
                    [Summary] => The Securities and Exchange Commission (SEC) has issued an order stopping sports facility operator YNC Corp. from further offering non-proprietary club membership certificates of Makati Golf Club (MGC) to the public.


At the same time, the SEC directed YNC to explain why the cease-and-desist order (CDO) should not be made permanent and why it should not be sanctioned for selling membership certificates of MGC without prior registration from the commission.


                    [DatePublished] => 2005-08-15 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
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                    [SectionUrl] => business
                    [URL] => 
                )

        )

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abtest

SEC stops firm from selling golf club membership

By Zinnia B. Dela Peña | August 15, 2005 - 12:00am

The Securities and Exchange Commission (SEC) has issued an order stopping sports facility operator YNC Corp. from further offering non-proprietary club membership certificates of Makati Golf Club (MGC) to the public. At...

Business