Wednesday, September 02, 2015 9:15:37 PM
About time the DTCC got off it's azz and either provide legit
grounds for the global lock, OR RESCIND IT!!!!
SEC Opinion is out
It's progress on getting the stock trading again
https://www.sec.gov/litigation/opinions/2015/34-75168.pdf
Kogan at work
Held, registered clearing agency (DTCC) provided issuer with notice and an opportunity to be heard, and kept a record of the proceeding. But registered clearing agency (DTCC) DID NOT provide a statement of the specific grounds for the suspension, as required under the Securities Exchange Act of 1934, and proceeding is remanded to clearing agency in order to do so.
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