Yuka Group Inc. (YUKA)

[1manband]

On average for "formal" investigations, perhaps. But keep in mind the SEC has two levels of investigations. "Informal" is first. During that process, the Commission Staff obtains background information and evidence necessary to prepare a recommendation to the Enforcement Division supervisors that a "formal" investigation is warranted. The informal investigation can last years. Even formal investigations can proceed for several years, but 18 month average once a formal investigation is opened sounds about right.