In re Kapa-Community Ministry International, Inc.

April 3, 2019SEC ADMIN. CASE NO. 02-19-181IN THE MATTER OF: KAPA-COMMUNITY MINISTRY INTERNATIONAL, INC.ENFORCEMENT AND INVESTOR PROTECTION DEPARTMENT, petitioner.FOR  : Petition for Revocation of Corporate RegistrationDECISIONFor consideration of the Commission En Banc is a Petition 1 (For Revocation of Corporate Registration with prayer for the issuance of a Cease and Desist Order) filed by the Enforcement and Investor Protection Department ("EIPD") against respondent, Kapa-Community Ministry International, Inc. ("Kapa") praying that Kapa's Certificate of Corporate Registration be revoked for violation of Section 6 (l) (2) of Presidential Decree No. 902-A. THE PARTIESEIPD is one of the operating departments of the Securities and Exchange Commission tasked with ensuring compliance of all market participants, issuers and individuals, and takes appropriate enforcement action against them for legal infractions of the laws, rules and regulations implemented by the Commission. It is also the operating department vested with the primary authority to conduct investigations and administrative actions involving, among others, the selling, offering or transacting unregistered securities by entities without a secondary license as well as to initiate petitions for revocation...