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The Division of Banks (Petitioner) has moved that Respondents International Business Financial, LLC and Tsui Cheng (Respondents) be defaulted for failure to respond to a Temporary Order to Cease and Desist and Order to Show Cause Docket Number: 2012-016 (Order). The motion is granted.
ORDER AND DECISION
BY ORDER AND DIRECTION OF THE COMMISSIONER OF BANKS:
Dated at Boston, Massachusetts, this 19th day of February, 2013
David J. Cotney
Commissioner of Banks
Commonwealth of Massachusetts