Different strokes for different folks.
Unlike Don Quixote, some of us learn the hard lesson after dueling with windmills. The SEC just doesn't seem to care about sewer stocks trading on the OTC. FINRA is a self-regulating joke. The state security regulators defer to the feds. Congressional legislation gets put on a shelf, ignored, or delayed before even applied; Dodd-Franks is how old? They are still not publishing regulations years after its enactment! Nobody wants to muck out the stable. All IMHO.