SEC Suspensions & Revocations

[janice shell]

I presented you with a provable fact, in the form of a second company that was suspended, agreed to settle with the SEC, and had its registration revoked before the stock reopened for trading on the Greys.

There's nothing to agree or disagree about. The SEC is now moving faster. One reason for that appears to be that a step in the process has been eliminated: Once the company has indicated its willingness to settle, the matter no longer goes first to an ALJ for an initial decision, and then to the Commission for a final order. Now the settlement agreement goes straight to the Commission for action.