SEC findings blocked in BW Resources cover-up

The Philippine Court of Appeal has ordered a halt into the Securities and Exchange Commission''s investigation of BW Resources

The Philippine Court of Appeals today March 24 ordered the Securities and Exchange Commission to halt its investigation of possible insider dealing in the shares of gaming group BW Resources Corporation less than 24 hours before the regulatory body was due to present its preliminary findings to the Justice Department.

The order will remain in effect until the court has ruled on the legality of the SEC probe and was issued in response to a petition by...

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