The SEC may be "obligated" to object. That's just a guess. I don't know why they do what they do..nobody does..maybe not even them! Funny but true.. "
You're dealing with a Gov't entity that first of all is made up of players with absolutely no skin in the game. Naturally these people really don't care how this goes. Objections (no matter who makes them) costs the estate time and money. They end up destroying more assets than they recover every time tbey do that..but thats how they play this game.
The SEC has a 'one size fits all' game plan.. and thats how the roll.. but I don't think that plan is just unique to this Medley case..which gives me hope.