Tara Gold Resources Corp. v. Securities and Exchange Commission

Ct. of Appeals dismissed as moot petitioner's appeal of SEC's revocation of petitioner's registration of one of its securities due to petitioner's failure to file timely financial reports where petitioner, during pendency of instant appeal, filed new registration statement that covered said security. Record showed that instant revocation expired when petitioner re-registered instant security, and petitioner failed to establish existence of any cognizable collateral consequence that would preclude application of mootness doctrine. Fact that Financial Industry Regulatory Authority (FIRA) could still prevent petitioner from trading instant security based on SEC's negative comments contained in petitioner's second registration of said security did not require different result where FIRA is not party to instant proceeding, and where Ct. of Appeals could not direct FIRA or others to overlook fact that petitioner had failed to timely file required financial reports.