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Re: MIKEY501 post# 24029

Sunday, 09/21/2014 7:53:24 PM

Sunday, September 21, 2014 7:53:24 PM

Post# of 68548
FINRA's been more active in penny enforcement in the past couple of years. But their jurisdiction is limited; they can't bring actions against companies. What they can do is deny corporate actions, as they've done with ECOS. They also have an active fraud department that refers cases to the SEC for action.

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