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Friday, January 20, 2023 7:52:19 AM
How is saying the Opposite of an ALJ beneficial to Shareholders?
Source: https://www.sec.gov/alj/aljdec/2019/id1389cff.pdf
While revocation is not “necessary or appropriate for the protection of investors,” neither is suspension
Digital Brand’s reporting is now current
no available sanction is appropriate. Thus, this proceeding will be dismissed.
V. ORDER IT IS ORDERED that this administrative proceeding IS DISMISSED.
She is a judge. Obviously no "expert" because she ruled directly against written regulation and solidly set precedent. This is the VERY REASON WHY her ruling is under review and will likely be either modified or overturned.
Again with the “mitigating circumstances”!
Tell me…has there EVER been a company that missed filing deadlines and didn’t have some excuse as to WHY they missed them?
And has the SEC EVER accepted them and said “There there, don’t worry about it. We understand. It’s tough to file on time. Let’s just forget about it.”
NO!
Once and for all - the SEC DOES. NOT. ACCEPT. MITIGATING. CIRCUMSTANCES!
They NEVER HAVE TO DATE!
And in the end, they won’t accept DBMM’s excuses either, or accept their lawyers feeble explanations for them.
DBMM made a CONSCIOUS AND DELIBERATE DECISION to break the filing statutes and they will no doubt have to accept the consequences of that decision.
Full stop.
End of file.
Asking for a Friend
![Bullish](/static/images/ih2-bull.png)
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