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jackg152004

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jackg152004

Re: janice shell post# 163801

Tuesday, 04/17/2018 4:39:49 PM

Tuesday, April 17, 2018 4:39:49 PM

Post# of 226099
What they are required to do and what they ACTUALLY do are very different.

Have you ever looked into what the fines are from the SEC for non-reporting, backing away, etc.?

Peanuts compared to what they make by engaging in these illegal practices. So a firm could make $50-$100k a day in the OTCBB/Pinks by committing these crimes and if, AND THAT IS A BIG IF, the SEC were to catch and fine them they might pay a $500-$1k fine.

Just another cost of doing illegal business.
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