You have to give Jon a lot of credit. The SEC is so far behind in going after suspect business practices, that he must have done something so eye-opening, that they just had to respond. Dexter of Labwire and Cotton of Cwrn (whom Jon often chastens) have yet to reach this dubious honor.
In my history of watching the SEC act, they just don't bother unless they're sure they got the goods on the individual.
As a Christian, I'd like to see this all go away, but then again, the Lord will not pull punches in His determination to wake someone up....jail time included.