New Colombia Resources Inc fka NEWC

[microcaps1]

this is my 3rd attempt to answer your question
of course i understand the difference between the commission and those who work for them- i also understand that people who dont do what their bosses desire get-fired

i've read the securities act sec 12 as amended and published 1-4-17 via P.L.114-284 published 12-16-16-

a security may be registered on a national exchange(i've heard otc is subsumed under nasdaq)by the issuer filing an application w the exchange(and duplicates filed w the commission)
if the exchange authorities certify approval to the commission the registration becomes effective 30 days after receipt of such certification by the commission

pretty simple until the autocrats get involved,which somebody implies is finra as the 'exchange authorities' -this is what i hate about the human race - they use their specialized knowledge to take advantage of people rather than helping people


the securities lawyers preparing these things also do rule 2-11

imo the sec has violated the rule of law due to unconstitutional political directives since 2009- so if probusiness political appointees are in charge of the sec again(2 of the 5 commissioners are now probusiness)and thus the rule of law has returned,NEWC shouldnt be punished for presumptive allegations re the past relationship