Tri-Valley Corp (fka TVLYQ)

[jonesieatl]

SEC update

http://www.bloomberg.com/apps/news?pid=20601087&sid=ansrs4i.J_Ek&refer=worldwide

As SA12 said , this appears to be going after the big fish who have been stinking up the big companies.

"July 16 (Bloomberg) -- The U.S. Securities and Exchange Commission subpoenaed Wall Street's biggest firms and hedge-fund advisers in a widening effort to crack down on suspected manipulation of Lehman Brothers Holdings Inc. and Bear Stearns Cos. shares, said three people with knowledge of the matter."

"The order requires anyone making a short sale to first ``borrow or arrange to borrow'' the securities and then deliver them by the settlement date. It applies to shares in 19 companies, including Citigroup Inc., JPMorgan and UBS AG."