Statement Summary
The Securities and Exchange Commission (SEC) issued a Scheduling Order related to Daniels Corporate Advisory Company, Inc. after initiating proceedings against the firm under Section 12(j) of the Securities Exchange Act of 1934. The Division of Enforcement plans to file a motion for summary disposition by June 2, 2025, with the Respondent required to respond by June 16, and a reply brief from the Division due by June 30, 2025.
Summary disposition may be granted if there are no genuine material facts in dispute. All parties are informed about necessary compliance with filing requirements and the importance of keeping their contact information up to date. The SEC emphasizes that failure to adhere to these rules could lead to default or dismissal of the case.
Original Statement
UNITED STATES OF AMERICA
before the
SECURITIES AND EXCHANGE COMMISSION
SECURITIES EXCHANGE ACT OF 1934
Release No. 103051 / May 16, 2025
Admin. Proc. File No. 3-22015
In the Matter of
DANIELS CORPORATE ADVISORY COMPANY, INC.
SCHEDULING ORDEROn August 19, 2024, the Securities and Exchange Commission issued an Order Instituting Proceedings against Daniels Corporate Advisory Company, Inc. (“Respondent”) under Section 12(j) of the Securities Exchange Act of 1934. On March 26, 2025, the Division of Enforcement filed a status report stating that it anticipated filing a motion for summary disposition on or before Saturday, May 31, 2025. The parties previously proposed an agreed briefing schedule for that motion.
Accordingly, IT IS ORDERED that the Division shall file its motion for summary disposition by June 2, 2025; Respondent shall file its response by June 16, 2025; and the Division shall file any reply brief by June 30, 2025.
Rule 250(b) provides that summary disposition is appropriate if “there is no genuine issue with regard to any material fact and . . . the movant is entitled to summary disposition as a matter of law.” A party opposing a motion for summary disposition should precisely specify in its brief the basis for that opposition, identify with particularity the material factual issues in dispute, and address relevant Commission precedent. A party’s failure to comply with this order may result in, among other things, the Commission’s deeming that party to be in default or dismissal of the proceeding.
The parties’ attention is directed to the e-filing requirements in the Rules of Practice. We also remind the parties of the need to keep their contact information current with the Commission, and that any document filed with the Commission must be served upon all participants in the proceeding and be accompanied by a certificate of service. Filing a document through the Commission’s electronic filing system does not serve it on the opposing party. Nor does serving a document on an opposing party file it with the Commission.
For the Commission, by the Office of the General Counsel, pursuant to delegated authority.
Vanessa A. Countryman
Secretary
