Polar Petroleum Corp.; Order of Suspension of Trading, 35351 [2013-14027]
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Federal Register / Vol. 78, No. 113 / Wednesday, June 12, 2013 / Notices
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Securities and Exchange Commission,
100 F Street NE., Washington, DC
20549–1090.
mstockstill on DSK4VPTVN1PROD with NOTICES
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For the Commission, by the Division of
Trading and Markets, pursuant to delegated
authority.12
Kevin M. O’Neill,
Deputy Secretary.
[FR Doc. 2013–13897 Filed 6–11–13; 8:45 am]
BILLING CODE 8011–01–P
12 17
CFR 200.30–3(a)(12).
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SECURITIES AND EXCHANGE
COMMISSION
[File No. 500–1]
Polar Petroleum Corp.; Order of
Suspension of Trading
June 10, 2013.
It appears to the Securities and
Exchange Commission that there is a
lack of current and accurate information
concerning the securities of Polar
Petroleum Corp. (‘‘Polar’’) because of
questions regarding the adequacy and
accuracy of assertions by Polar, and by
others, to investors in press releases and
promotional material concerning,
among other things, the company’s
assets, operations, and financial
condition. Polar is a Nevada corporation
based in Anchorage, Alaska; it is dually
quoted on the OTCBB and OTC Link
under the symbol POLR.
The Commission is of the opinion that
the public interest and the protection of
investors require a suspension of trading
in the securities of the above-listed
company.
Therefore, it is ordered, pursuant to
Section 12(k) of the Securities Exchange
Act of 1934, that trading in the
securities of the above-listed company is
suspended for the period from 9:30 a.m.
EDT on June 10, 2013 through 11:59
p.m. EDT on June 21, 2013.
By the Commission.
Jill M. Peterson,
Assistant Secretary.
[FR Doc. 2013–14027 Filed 6–10–13; 11:15 am]
BILLING CODE 8011–01–P
DEPARTMENT OF STATE
[Public Notice 8352]
Persons on Whom Sanctions Have
Been Imposed Pursuant to the Iran
Sanctions Act of 1996, as Amended,
and Executive Order 13622
Department of State.
Notice.
AGENCY:
ACTION:
SUMMARY: The Secretary of State has
determined, pursuant to authority
delegated by the (the ‘‘Delegation
Memorandum’’)(see 77 FR 62139,
October 12, 2012), that the following
person has engaged in sanctionable
activity described in section 5(a)(8) of
the Iran Sanctions Act of 1996 (Pub. L.
104–172) (50 U.S.C. 1701 note) (‘‘ISA’’),
as amended, and that certain sanctions
are imposed as a result: Ferland
Company Limited.
The Secretary of State also has
determined that the following persons
have engaged in sanctionable activity
PO 00000
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35351
described in section 2(a)(ii) of Executive
Order 13622—Authorizing Additional
Sanctions With Respect to Iran, and that
certain sanctions are imposed as a
result: Jam Petrochemical Company and
Niksima Food and Beverage JLT.
DATES: Effective Date: The sanctions on
Ferland Company Limited, Jam
Petrochemical Company, and Niksima
Food and Beverage JLT are effective
May 31, 2013.
FOR FURTHER INFORMATION CONTACT: On
general issues: Office of Sanctions
Policy and Implementation, Department
of State, Telephone: (202) 647–7489.
SUPPLEMENTARY INFORMATION: Pursuant
to section 5(a)(8) of the ISA and the
Delegation Memorandum, the Secretary
determined that the following sanctions
as described in section 6 of the ISA are
to be imposed on Ferland Company
Limited:
1. Banking transactions. Any transfers
of credit or payments between financial
institutions or by, through, or to any
financial institution, to the extent that
such transfers or payments are subject to
the jurisdiction of the United States and
involve any interest of Ferland
Company Limited, shall be prohibited.
2. Property transactions. It shall be
prohibited to:
a. Acquire, hold, withhold, use,
transfer, withdraw, transport, import, or
export any property that is subject to the
jurisdiction of the United States and
with respect to which Ferland Company
Limited has any interest;
b. Deal in or exercise any right,
power, or privilege with respect to such
property; or
c. Conduct any transactions involving
such property.
3. Foreign Exchange. Any transactions
in foreign exchange that are subject to
the jurisdiction of the United States and
which involve any interest of Ferland
Company Limited shall be prohibited.
4. Loans from United States Financial
Institutions. Loans or provision of
credits to Ferland Company Limited
totaling more than $10,000,000 over a
12-month period from any United States
Financial Institution shall be prohibited.
5. Exclusion of corporate officers. The
Secretary of State shall deny a visa to,
and the Secretary of Homeland Security
shall exclude from the United States,
the following corporate officers of
Ferland Company Limited:
a. Vitaly Sokolenko.
Pursuant to Executive Order (E.O.)
13622, the Secretary determined that the
following sanctions as described in
section 4 of E.O. 13622 are to be
imposed on Jam Petrochemical
Company:
1. Banking transactions. Any transfers
of credit or payments between financial
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[Federal Register Volume 78, Number 113 (Wednesday, June 12, 2013)]
[Notices]
[Page 35351]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2013-14027]
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SECURITIES AND EXCHANGE COMMISSION
[File No. 500-1]
Polar Petroleum Corp.; Order of Suspension of Trading
June 10, 2013.
It appears to the Securities and Exchange Commission that there is
a lack of current and accurate information concerning the securities of
Polar Petroleum Corp. (``Polar'') because of questions regarding the
adequacy and accuracy of assertions by Polar, and by others, to
investors in press releases and promotional material concerning, among
other things, the company's assets, operations, and financial
condition. Polar is a Nevada corporation based in Anchorage, Alaska; it
is dually quoted on the OTCBB and OTC Link under the symbol POLR.
The Commission is of the opinion that the public interest and the
protection of investors require a suspension of trading in the
securities of the above-listed company.
Therefore, it is ordered, pursuant to Section 12(k) of the
Securities Exchange Act of 1934, that trading in the securities of the
above-listed company is suspended for the period from 9:30 a.m. EDT on
June 10, 2013 through 11:59 p.m. EDT on June 21, 2013.
By the Commission.
Jill M. Peterson,
Assistant Secretary.
[FR Doc. 2013-14027 Filed 6-10-13; 11:15 am]
BILLING CODE 8011-01-P
