InvestorsHub Logo
Followers 2565
Posts 300818
Boards Moderated 28
Alias Born 04/12/2001

Re: stockound post# 4562

Saturday, 07/22/2006 5:51:03 PM

Saturday, July 22, 2006 5:51:03 PM

Post# of 8712
KSW is no longer under suspension nor does it have an extra vowel "E" at the end of their symbol indicating they didn't fulfill their obligation to the SEC.

Huh??? Companies get an "E" appended to their ticker when they fail to make a quarterly or annual SEC filing in a timely manner. KSWJ doesn't report, so that's completely irrelevant.

What happens when the ten-day suspension period ends? Will the SEC issue a statement about the status of the company after the suspension has ended?

No. The SEC will not comment publicly on the status of a company when the ten-day suspension ends because the company may still have serious legal problems. For instance, the SEC may continue to investigate a company to determine whether it has defrauded investors. The public will not know if the SEC is continuing its investigation until the SEC publicly announces an enforcement action against the company.


http://www.sec.gov/answers/tradingsuspension.htm

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.