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Scumbag Fraudsters

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Scumbag Fraudsters

Re: None

Wednesday, 11/03/2021 10:16:04 AM

Wednesday, November 03, 2021 10:16:04 AM

Post# of 121652
Some critics claim SEC trading suspensions and revocations of inactive public companies are a waste of taxpayer money and SEC resources that should be spent fighting fraud.

They are wrong. There is a legitimate reason for these actions: to prevent the company from being hijacked and/or used in a pump-and-dump scheme after a reverse merger transaction.

https://www.securitieslawyer101.com/2020/sec-trading-suspensions-dormant-issuer/

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Volume:
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Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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