[Federal Register Volume 70, Number 60 (Wednesday, March 30, 2005)]
[Notices]
[Page 16313]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 05-6356]


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SECURITIES AND EXCHANGE COMMISSION

[File No. 500-1]


Urban Transfer Systems, Inc.; Order of Suspension of Trading

March 28, 2005.
    It appears to the Securities and Exchange Commission that the 
public interest and the protection of investors require a suspension of 
trading in the securities of Urban Transfer Systems, Inc. (``Urban 
Transfer'') because of concerns that Urban Transfer may have 
unjustifiably relied on Rule 504 of Regulation D of the Securities Act 
of 1933 in conducting an unlawful distribution of its securities that 
failed to comply with the resale restrictions of Regulation D. 
Questions also have been raised regarding potentially manipulative 
transactions in Urban Transfer's common stock by certain individuals 
associated with the company and the accuracy of statements made in 
Urban Transfer's publicly available Information Statement concerning 
the disciplinary history of its counsel. Urban Transfer, a company that 
has made no public filings with the Commission or the NASD, is quoted 
on the Pink Sheets under the ticker symbol UBTF.
    The Commission is of the opinion that the public interest and the 
protection of investors require a suspension of trading in the 
securities of the above-listed company.
    Therefore, it is ordered, pursuant to section 12(k) of the 
Securities Exchange Act of 1934, that trading in the above-listed 
company is suspended for the period from 9:30 a.m. EST, March 28, 2005 
through 11:59 p.m. EDT, on April 8, 2005.

    By the Commission.
Margaret H. McFarland,
Deputy Secretary.
[FR Doc. 05-6356 Filed 3-28-05; 1:57 pm]
BILLING CODE 8010-01-P