SEC Issues Opinion in Revoking Registration for Failure to File Reports

The SEC issued an opinion that upheld the ALJ's decision ordering that the registration of NATURE’S SUNSHINE PRODUCTS, INC. common stock be revoked under section 12(j) for failure to file any required 10-K and 10-Q reports since it filed its 10-k report for December 31, 2004.  In its opinion the Commission reviewed the factors it takes into account in determining whether revocation is appropriate and rejected the company's argument that revocation amounted to a "draconian" sanction that operated as a "corporate death penalty."