In re CJH Development Corp.

November 3, 2017SEC CDO CASE NO. 05-12-006IN THE MATTER OF CJH DEVELOPMENT CORPORATION AND CJH SUITES CORPORATIONENFORCEMENT AND PROSECUTION DEPARTMENT, movant.FOR : Issuance of Permanent CDORESOLUTIONFor the consideration of the En Banc is a Motion for Issuance of Permanent Cease and Desist Order filed on 9 July 2012 by the Enforcement and Prosecution Department (EPD). 1 The Motion essentially stated that:(1) A Cease and Desist Order (Order) against Respondents was issued by the Commission En Banc on 7 June 2012;(2) The CDO was served on Respondent CJH DEVELOPMENT CORPORATION (CJH Dev't.) on 8 June 2012;(3) The CDO was served on Respondent CJH SUITES CORPORATION (CJH Suites) on 13 June 2012;(4) Neither of the Respondents filed a Motion to Lift filed within the 5-day period in the 2006 SEC Rules of Procedure. On 13 July 2012, Respondents filed a Manifestation stating that the EPD's Motion is superfluous, since the CDO was not issued by an Operating Department but rather by the En Banc itself, viz.:[I]t must be emphasized that, assuming in gratia argumenti the validity of...