1. Commercial Mortgage Resources Corp.
2. Compressant Corp.
3. Compression Labs Inc.
4. Consolidated Golden Quail Resources Ltd.
5. Consolidated NRD Resources Ltd.
6. Contemporary Solutions Inc.
7. Continental Heritage Corp.
8. Corniche Corp.
9. Safe Waste Systems Inc.
10. Salex Holding Corp.
11. San Fabian Resources Inc.
12. Sanitas Inc.
13. Select Therapeutics Inc.
14. Sel-Leb Marketing Inc.
15. Semicon Inc.
16. Serino 2 Corp.
17. Serino 3 Corp.
18. Serino 4 Corp.
19. Serino 5 Corp.
20. Serino 6 Corp.

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On April 26, 2011 U.S. Securities and Exchange Commission (SEC) published that the commission deems it appropriate and in the public interest that public administrative proceedings be, and hereby are, instituted pursuant to Section 15(b) of the Securities Exchange Act of 1934 against Joshua F. Escobedo. In anticipation of the institution of these proceedings, Respondent has submitted an Offer of Settlement which the Commission has determined to accept.

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On April 26, 2011 U.S. Securities and Exchange Commission (SEC) announced that the United States District Court for the District of Oregon on April14, 2011, entered a Final Judgment against J. Kenneth Stringer III in a pending civil action. The Final Judgment enjoins Stringer from violations of Sections 17 (a)(2) and (a)(3) of the Securities Act of 1933 and Rules 13b2-1 and 13b2-2 of the Securities Exchange Act of 1934. In addition, the Court ordered Stringer to pay a civil penalty of $90,000 and permanently barred him from serving as an officer or director of a reporting company.

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As published in the Financial Industry Regulatory Authority (FINRA) disciplinary actions report for April 2011, Kevin Leslie Moyer submitted a Letter of Acceptance, Waiver and Consent in which he was fined $5,000 and suspended from association with any FINRA member in any capacity for 30 business days. The fine must be paid either immediately upon Moyer’s reassociation with a FINRA member firm following his suspension, or prior to the filing of any application or request for relief from any statutory disqualification, whichever is earlier.

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As published in the Financial Industry Regulatory Authority (FINRA) disciplinary actions report for April 2011, Courtlandt Gerdes Miller submitted an Offer of Settlement in which he was fined $7,500 and suspended from association with any FINRA member in any capacity for 10 business days. Without admitting or denying the allegations, Miller consented to the described sanctions and to the entry of findings that he caused a research report to be published on a website that he had previously operated when he was the owner and president of a former FINRA member firm.

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As published in the Financial Industry Regulatory Authority (FINRA) disciplinary actions report for April 2011, Fabio Migliaccio submitted an Offer of Settlement in which he was suspended from association with any FINRA member in any capacity for 24 months. Without admitting or denying the allegations, Migliaccio consented to the described sanction and to the entry of findings that he failed to timely appear for FINRA investigative testimony.

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As published in the Financial Industry Regulatory Authority (FINRA) disciplinary actions report for April 2011, Scott Thomas McNiff submitted a Letter of Acceptance, Waiver and Consent in which he was fined $5,000 and suspended from association with any FINRA member in any capacity for six months. The fine must be paid either immediately upon McNiff’s reassociation with a FINRA member firm following his suspension, or prior to the filing of any application or request for relief from any statutory disqualification, whichever is earlier.

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As published in the Financial Industry Regulatory Authority (FINRA) disciplinary actions report for April 2011, Richard Mark McKinnon submitted a Letter of Acceptance, Waiver and Consent in which he was barred from association with any FINRA member in any capacity. Without admitting or denying the findings, McKinnon consented to the described sanction and to the entry of findings that he recommended the purchase of bonds, bond funds and annuities to an elderly customer who entrusted McKinnon with funds for their purchase.

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As published in the Financial Industry Regulatory Authority (FINRA) disciplinary actions report for April 2011, Janet A. McDermott submitted a Letter of Acceptance, Waiver and Consent in which she was barred from association with any FINRA member in any capacity. Without admitting or denying the findings, McDermott consented to the described sanction and to the entry of findings that she effected transactions, including checks, debits and automatic teller machine (ATM) withdrawals, in the aggregate amount of approximately $11,403 on her personal account at her member firm’s subsidiary, for which she did not have sufficient funds.

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As published in the Financial Industry Regulatory Authority (FINRA) disciplinary actions report for April 2011, George Henry Martin submitted a Letter of Acceptance, Waiver and Consent in which he was barred from association with any FINRA member in any capacity. Without admitting or denying the findings, Martin consented to the described sanction and to the entry of findings that he failed to provide investigative testimony as FINRA requested

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As published in the Financial Industry Regulatory Authority (FINRA) disciplinary actions report for April 2011, Jeff David Mann submitted a Letter of Acceptance, Waiver and Consent in which he was fined $5,000 and suspended from association with any FINRA member in any capacity for nine months. The fine must be paid either immediately upon Mann’s reassociation with a FINRA member firm following his suspension, or prior to the filing of any application or request for relief from any statutory disqualification, whichever is earlier.

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As published in the Financial Industry Regulatory Authority (FINRA) disciplinary actions report for April 2011, Christopher Malchin submitted a Letter of Acceptance, Waiver and Consent in which he was fined $5,000 and suspended from association with any FINRA member in any capacity for six months. The fine must be paid either immediately upon Malchin’s reassociation with a FINRA member firm following his suspension, or prior to the filing of any application or request for relief from any statutory disqualification, whichever is earlier.

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As published in the Financial Industry Regulatory Authority (FINRA) disciplinary actions report for April 2011, Robert Lee Keys submitted an Offer of Settlement in which he was barred from association with any FINRA member in any capacity. Without admitting or denying the allegations, Keys consented to the described sanction and to the entry of findings that he made untrue statements and omissions in connection with the sale of a security; specifically, Keys recommended that a customer invest $1.1 million in a promissory note and represented to the customer that the promissory note was secured by $1.1 million in United States Treasury Bonds, when in fact, no such bonds existed.

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1. IU Group Inc.
2. IU Wealth Management L.L.C.
3. Icon Capital Management L.L.C.
4. Sporlox Corp.
5. Circadian Inc.
6. Clean Energy Combustion Inc.
7. Collectible Concepts Group Inc.
8. ConSyGen Inc.
9. Centrack International Inc.
10. Intelligent Medical Imaging Inc.
11. Optimark Data Systems Inc.
12. Huntleigh Securities Corporation
13. Koch Asset Management L.L.C.

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On April 26, 2011 profit.ndtv.com published that the Reserve Bank slapped a penalty of Rs. 1.95 crore on 19 banks, including heavyweights SBI, HDFC Bank, ICICI Bank and Citibank, for violating norms on derivatives, an instrument used to hedge financial risks. The fine has been imposed on the banks for selling derivative products to companies and exporters without complying with the instructions issued by the central bank from time to time. “The penalties have been imposed on these banks for contravention of various instructions issued by the Reserve Bank (RBI) in respect of derivatives,” the central bank said in a release.

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