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Re: HH4444 post# 26038

Saturday, 03/06/2021 5:32:17 PM

Saturday, March 06, 2021 5:32:17 PM

Post# of 26509
Not just penny stocks, but the SEC is guilty of not doing their job for the investors at all. A real shameful waste of taxpayers money. The only time they act is whenever there is an Enron type of situation. The SEC swoops in, levies massive fines which go to the government to be wasted on some other government agency. Why should the government get millions in fines while the investors get screwed. The government wasn't harmed in any way and they get the money. Go figure. The entire stock market is so corrupt and the SEC is mostly the problem. I have been saying for years Short Selling should be illegal. Nothing but a license to destroy some perfectly good companies, many of which would not have failed except for the shorts. Eliminate the SEC, instead hire 200 FBI agents to set up stings against these fraudsters. Make the punishment so severe with mandatory sentences some corrupt judge can't dismiss and watch has fast the fraud stops It will never happen when the Wall St. Lobbyists write their own rules for the market. Government is corrupt, SEC is corrupt and Wall St. will always remain corrupt. We the voters need to accept some of the blame. we keep electing crooks into our government.