September 12, 2019
SEC CDO CASE NO. 06-19-051
IN THE MATTER OF: RIGEN MARKETING
ENFORCEMENT AND INVESTOR PROTECTION DEPARTMENT
RESOLUTION
This resolves the Notice for [sic] Entry of Appearance with Urgent Motion to Lift Cease and Desist Order and for the Issuance of an Order Setting this Case for Hearing and/or Submission of Position Paper dated 17 June 2019 filed by Rigen Marketing ("RIGEN"), through counsel, before the Office of the General Counsel (OGC) to assail the Cease and Desist Order ("CDO") dated 4 June 2019 issued by this Commission against it.
FACTS
On 3 June 2019, the EIPD filed before the OGC a Motion for Issuance of a Cease and Desist Order against Rigen Marketing.
On 4 June 2019, the Commission En Banc issued a CDO against Rigen for engaging in the selling and/or offering for sale securities in the form of investment contracts. The CDO expressly states:
"in accordance with the provisions of Sec. 64.3 of SRC and Sec. 4-3 of the 2016 Rules of Procedure of the Commission, the parties subject of this Cease and Desist Order may file a request...
