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Re: welloff post# 195948

Wednesday, 01/08/2020 9:29:37 AM

Wednesday, January 08, 2020 9:29:37 AM

Post# of 348623
I certainly do "understand". "No DD supports" the previous statements as I see the avoidance of posting any.

I don't blame anyone for not reading through volumes of SEC documents to formulate a factual understanding of the processes and previous outcomes.

However it is unneeded, considering there is adequate supporting information in the timeline of events.
DBMM faced revocation, they responded, SEC outlined it's demands, DBMM met those, all factors regarding mitigating circumstances were reviewed and decision was handed down. During the entire process it was declared "never going to happen" on a daily basis. As of today never has continuously happened...
Now in the final stretch DBMM is waiting for a decision on petition to review which notably can contain several avenues to end or prolong the process.
The most important fact in the popularly quoted bits and peices of the regulation regarding review process is very simply one word. The commission needs to reach a "MAJORITY" on any decision to prolong, otherwise the previous order stays in affect.

Will be interesting to see if "never" happens again....