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Wednesday, January 17, 2024 5:50:31 PM
And don't forget that my case centered on the illegal trades that mainly went through Penson Financial for clearing. By the time the SEC filed Naked Shorting charges against Penson, they had wreaked so much damage to the American equity market, that the market was within three days of crashing. An Emergency Rule Change, to transfer accounts away from Penson, had to be approved by the SEC.
What little we are seeing from the SEC in Humanigen's case appears to be following the same abuse of discretionary authority they exhibited in the SpongeTech case. All I see is that the SEC has no regard, not for safeguarding investments to pay for life events, but neither does the FDA, NIAID, and the NIH have any regard for the millions of preventable deaths they are permitting by keeping the clinically-proven, peer-reviewed, more effective lenzilumab off the market.
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