Document ID: SEC-2012-0358-0001
Agency: sec
Document Type: Notice
Title: Suspensions of Trading Orders: China North East Petroleum Holdings Limited
Posted Date: 2012-03-05T05:00Z

[Federal Register Volume 77, Number 43 (Monday, March 5, 2012)]
[Notices]
[Page 13171]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2012-5373]

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SECURITIES AND EXCHANGE COMMISSION

[File No. 500-1]

China North East Petroleum Holdings Limited, Order of Suspension 
of Trading

March 1, 2012.
    It appears to the Securities and Exchange Commission 
(``Commission'') that there is a lack of current and accurate 
information concerning the securities of China North East Petroleum 
Holdings Limited (``NEP''), a Nevada corporation with principal 
executive offices in New York and oil drilling operations in the 
People's Republic of China. NEP's common stock is registered with the 
Commission pursuant to Section 12(g) of the Securities Exchange Act of 
1934 (the ``Exchange Act'') and is traded on NYSE Amex.
    Questions have arisen regarding the accuracy and completeness of 
information contained in NEP's public filings with the Commission 
concerning, among other things, certain transfers of cash from the 
company's bank accounts to the personal bank accounts of related 
parties.
    The Commission is of the opinion that the public interest and the 
protection of investors require a suspension of trading in the 
securities of NEP.
    Therefore, it is ordered, pursuant to Section 12(k) of the Exchange 
Act, that trading in the above-listed company is suspended for the 
period from 9:30 a.m. EST, March 1, 2012, through 11:59 p.m. EDT, on 
March 14, 2012.

    By the Commission.
Elizabeth M. Murphy,
Secretary.
[FR Doc. 2012-5373 Filed 3-1-12; 4:15 pm]
BILLING CODE 8011-01-P