Tuesday, March 08, 2016 12:40:14 AM
Quote from the SEC
"Once a company ceases its filings and investors no longer have current information about it, there is no good reason for that empty shell to remain exposed in our public markets," said Christopher Ehrman, co-national coordinator of the SEC's microcap fraud working group, said in a statement. "In this initiative, we are committed to identifying unacceptable risks in the marketplace and removing them to safeguard investors."
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