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Monday, April 13, 2015 12:18:14 AM
http://corpgov.law.harvard.edu/2014/03/03/sec-enforcement-year-in-review/
Points to be taken if you bother to indulge yourself:
- Complaints of this stuff have been going on many years
- Combination of complaint critical mass and high profile target "Facebook"
- SEC specifically budgeted $s and resources to actively pursue and hold accountable toxic short trading
- As with all budgets $s retrieved vs cost of $s to fund positive = continue to scales of economy
- Recently started as of 2013 with major enforcement, fines, etc continuing through 2014
- Scaling this "shorting" operation by SEC has just begun
- The amount of $s they are going to recover versus this cost of this operation will be exponential for many years to come.
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