Daniels Corporate Advisory Company Inc (EM)【DCAC】株式ニュース

(fka DCAC): ORDER DENYING MOTION FOR RECONSIDERATION (readers will need a box of Kleenex for this tear-jerker)

https://www.sec.gov/files/litigation/opinions/2026/34-105740.pdf

On April 1, 2026, the Securities and Exchange Commission issued an opinion and order
granting the Division of Enforcement’s motion for summary disposition and revoking the
registration of each class of the securities of Daniels Corporate Advisory Company, Inc.
(“Respondent”) registered under Section 12 of the Securities Exchange Act of 1934.

The Commission found that the company had not made required periodic public filings since
October 2022 and concluded that revocation was in the public interest.
Although Respondent submitted an answer to the order instituting proceedings,
Respondent never opposed the Division of Enforcement’s motion for summary disposition.2
On April 5, 2026, however, Respondent emailed the Division, asking it to “relay” to the
Commission’s Office of the Secretary that Respondent should remain registered, claiming
without explanation or support that it can be “resurrected” as a company and that it has assets
that could be monetized as part of a deal that would bring the company current in its filings.
We construe Respondent’s email to staff as a motion for reconsideration under the
Commission’s Rule of Practice 470, as Respondent purports to offer arguments against
revocation.

Reconsideration is an “extraordinary remedy designed to correct manifest errors of
law or fact, or to permit the presentation of newly discovered evidence.” A party may not use a
motion for reconsideration to advance arguments that it could have made before but did not.

That is the case here, where Respondent failed to oppose the Division’s motion for summary
disposition. Respondent also does not ask to present newly discovered evidence or identify any
errors of law or fact in the Commission’s order. To date, Respondent still has not filed a periodic
report since October 2022.

Respondent also mailed a document to the Commission, dated April 14, 2026, making
similar unsupported claims about being an “operating business” with assets. We do not consider
that filing for two independent reasons. First, under Rule of Practice 470(b), a motion for
reconsideration must be filed within ten days of service of a final Commission order, meaning
Respondent’s second filing was untimely.

Second, our Rules of Practice allow for only one motion for reconsideration.

Accordingly, IT IS ORDERED that the motion for reconsideration of Daniels Corporate
Advisory Company, Inc., is denied.

By the Commission.