A little off topic but personally I think the SEC is fairly worthless when it comes to fighting fraud. Seems both companies on one side and short-selling hedge funds on the other get away with murder. Check out Overstock. Solid company that got decimated by short-sellers breaking every single rule. PGWC was another one - solid company decimated by short-sellers failing to deliver crap loads of shares. My guess is they are just under-staffed.
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