The Trade Desk Exchange Limited (“TDE”) hereby notifies the investing public of the voluntary suspension from trading in in-ground assets for 3 years of Deutch Mueller BVI (“DMRST”) with effect from 1 January 2025 after temporary suspension.
The suspension is for a period of three (3) years to provide Deutch Mueller BVI (“DMRST”) with the opportunity to address the going concern aspects of the business and ensure compliance with SEC Listing requirements regarding the operational, compliance and customer centred breaches. This temporary suspension aims to give Deutch Mueller BVI (“DMRST”) the necessary time to rectify any concerns and meet the regulatory obligations stipulated by the SEC.
Through Deutch Mueller BVI (“DMRST”)’s cooperation the SEC sought and was granted permission to suspend trading on all active private client and government trade desk accounts by the Securities and Exchange Commission pursuant to the provisions of Section 60 (1) (a) (ii) of the Securities and Exchange Act [Chapter 21:29].
In terms of Section 9 of the SCE Listings Requirements, the Company should continue to discharge its obligations to the clients in regard to any reports due to clients during the suspension upon legal submission finality to be furnished on or before the 13th of February 2025, and to close any pending works and listings for the duration of the suspension.
The SEC has requested Deutch Mueller BVI (“DMRST”) to provide a roadmap on how they aim to resolve the breaches as a resullt of client linked breach and purpoted insider trading. Deutch Mueller BVI (“DMRST”) will issue a public notice addressing this point in due course.
Investors will not be able to buy or sell Deutch Mueller BVI (“DMRST”) services and products during the suspension period
Company Details
Organization: Mr Levy Strauss
Contact Person Name: Mr Levy Strauss
Website: https://tdeexchange.com/
Email: info@TDEExchange.com
Country: Australia
