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S.E.C. v. BANC DE BINARY LTD.

No. 2:13-cv-00993-RCJ-VCF.

964 F.Supp.2d 1229 (2013)

SECURITIES AND EXCHANGE COMMISSION, Plaintiff, v. BANC DE BINARY LTD., Defendant.

United States District Court, D. Nevada.

August 7, 2013.

Attorney(s) appearing for the Case

Blaine T. Welsh , U.S. Attorney's Office, Las Vegas, NV, John W. Berry , Leslie A. Hakala , Securities and Exchange Commission, Los Angeles, CA, for Plaintiff.

A. Jeff Ifrah , David Brian Deitch , Rachel Hirsch , Ifrah PLLC, Washington, DC, Justin R. Cochran , Snell & Wilmer L.L.P., Las Vegas, NV, Craig S. Denney , Snell & Wilmer LLP, Reno, NV, for Defendant.

ORDER

ROBERT C. JONES, District Judge.

This case arises out of the alleged trading of unregistered securities. The Court has granted a Motion for Preliminary Injunction (ECF No. 6). For the reasons given herein, the Court vacates the previous order, replaces it with the present Order, and denies Defendant's Motion to Reconsider (ECF No. 29).

I. FACTS AND PROCEDURAL HISTORY

Defendant Banc de Binary, Ltd. is a Cypriot company with a license...

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