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Thursday, September 11, 2025 9:04:21 AM
I always laugh when even the companies tell shareholders that "they are waiting on FINRA approval".
All you have to do is read the FINRA website on this matter. They are NOT in the position to "approve" that action.
They are there to PROCESS it.
However, if while processing, to make sure all the company's duck are in order, they do find something suspicious, aka potentially illegal, they stop processing and send it over the the SEC for reply.
If they are talking about it at all, it will happen, just a matter of when. (Unless the SEC gets involved of course.)
All you have to do is read the FINRA website on this matter. They are NOT in the position to "approve" that action.
They are there to PROCESS it.
However, if while processing, to make sure all the company's duck are in order, they do find something suspicious, aka potentially illegal, they stop processing and send it over the the SEC for reply.
If they are talking about it at all, it will happen, just a matter of when. (Unless the SEC gets involved of course.)
A sure sign that the debate has been won:
When the response is an attack against the other person.
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