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Re: None

Monday, 12/28/2015 9:22:45 PM

Monday, December 28, 2015 9:22:45 PM

Post# of 25795
So, instead of taking the easy way out, by shutting the thing down permanently, why can't Finra be told, "When you get a request for a RS, your first answer will be NO. Then, you will tell them that you need financial records of a highly personal nature, for the past ten years of personal bank accounts, personal spending, bank statements for same, of your spouses, kin, business partners, and anyone even remotely involved, from the view of how you live, where you live, what you drive, etc etc etc, trying to pinpoint exactly where all this money has been going"...."Next, when they provide all of this "time-stamped" information, you will retrieve any/all trading records, of every transaction of the stock, checking very carefully for "money-flow", and exactly where the monies went"...."Tell them, when we can filter through all of this data, in a few months/years, we'll give you a call".....
I'll bet that most CEOs/upper management would cringe at the thought, of revealing just how lavishly they've been living meanwhile, while the stock has plummetted....
I'll bet they would say "never mind, we're not going to do a RS".....
Instead, the SEC sees it as "we'll close this thing down, to save the innocent investor from harm".....
Such a farce, of policing.
How about pinpointing the swines/abusers/jackasses out there, and jailing them. Not going to happen.
Ah....That would be doing their job, which they're incapable of.
What me worry? I only did the 100 bucks for a million shares type investment. So I didn't lose much.....
JMO