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integral

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integral

Re: lloydm post# 71490

Wednesday, 03/01/2017 1:05:14 PM

Wednesday, March 01, 2017 1:05:14 PM

Post# of 82575
Fairly simple:

The SEC may revoke the registration of stocks. In some circumstances, the SEC may revoke the registration of a defunct company's stock. Section 12(j) of the Exchange Act authorizes the SEC to revoke the registration of a security if the issuer fails to comply with the federal securities laws. Broker-dealers may not execute any trades in stocks whose registration has been revoked pursuant to Section 12(j).



It is just the way it is.
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