(The following is a reformatted version of a press release
issued by The U.S. Securities and Exchange Commission and
received via electronic mail. The release was confirmed by the
December 21, 2012
The Securities and Exchange Commission (Commission) announced
the temporary suspension, pursuant to Section 12(k) of the
Securities Exchange Act of 1934 (the Exchange Act), of trading
in the securities of New Generation Biofuels Holdings, Inc. (New
Generation), of Columbia, Maryland at 9:30 a.m. on December 21,
2012, and terminating at 11:59 p.m. on January 7, 2013.
The Commission temporarily suspended trading in the securities
of New Generation because of questions that have been raised
about the accuracy and adequacy of publicly disseminated
information about New Generation and because it has not filed
any periodic reports since the period ended June 30, 2011.
The Commission cautions brokers, dealers, shareholders, and
prospective purchasers that they should carefully consider the
foregoing information along with all other currently available
information and any information subsequently issued by the
Further, brokers and dealers should be alert to the fact that,
pursuant to Rule 15c2-11 under the Exchange Act, at the
termination of the trading suspension, no quotation may be
entered unless and until they have strictly complied with all of
the provisions of the rule. If any broker or dealer has any
questions as to whether or not he has complied with the rule, he
should not enter any quotation but immediately contact the staff
in the Division of Trading and Markets, Office of Interpretation
and Guidance, at (202) 551-5777. If any broker or dealer is
uncertain as to what is required by Rule 15c2-11, he should
refrain from entering quotations relating to New Generation’s
securities until such time as he has familiarized himself with
the rule and is certain that all of its provisions have been
met. If any broker or dealer enters any quotation which is in
violation of the rule, the Commission will consider the need for
prompt enforcement action.
If any broker, dealer or other person has any information which
may relate to this matter, they should immediately contact
Elisha L. Frank, Assistant Regional Director, Miami Regional
Office, of the Securities and Exchange Commission should be
telephoned at (305) 982-6392.
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