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Sunday, December 20, 2015 2:22:07 PM
They have protected the public by indicting the perpetrators of the fraud and ensuring that VGTL is operating in a fair and orderly way. The last thing a government regulator wants to do is regulate if they don't have to. It means paperwork and nobody enjoys paperwork. If VGTL is halted, is the public interest served? No. The alleged criminal no longer has controlling interest in VGTel. Halting it now would serve no useful purpose. It would not punish the alleged co-conspirators, only the new management and the stockholders. Jail and fines will accomplish that if they are found guilty, which in all likelyhood will be the case.
The SEC is made up of people just like you and I. They can tell the difference between the letter of the law, and the spirit and intent of the law.
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