CMKM Diamonds Inc. (fka CMKX)

[janice shell]

It seems that when obvious fraud/theft from shareholders is proven to officals, they are stepping in and shutting them down(i.e., CSHD,Mario Pino, Refco).

They did shut CMKX down. They revoked the company's registration, something they didn't do to the other companies you cite.

Why is it taking so long for further action to be taken? Because CMKX isn't anyone's priority. Most people in the finance biz, and most of the general public, have never even heard of it.

But I do think somebody will eventually get around to dishing out more punishment. The NASD's move against NevWest is just the first shoe dropping. There will be more to come.