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Re: snakefart post# 9216

Wednesday, 11/10/2010 1:38:36 PM

Wednesday, November 10, 2010 1:38:36 PM

Post# of 92708
Ok, here is the SEC ENFORCEMENT MANUAL

http://www.sec.gov/divisions/enforce/enforcementmanual.pdf

Everyone over here can read it and make their own decision if they dont want to go by the wikipedia.

Text of the Wells NOTICE.
If prompt enforcement action is necessary to protect investors, providing a Wells notice and waiting for a submission may not be practical (for example, a recommendation to file an emergency action requesting a temporary restraining order and asset freeze to stop an ongoing fraud). In addition, providing a Wells notice may alert potential defendants to the possible asset freeze and put at risk the investor funds that the recommendation is intended to protect.
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