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Ignutz

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Ignutz

Re: Ignutz post# 39746

Saturday, 04/23/2005 12:40:28 PM

Saturday, April 23, 2005 12:40:28 PM

Post# of 45574
This is the part worth noting ...

"The SEC was years late in uncovering these massive abuses that are nothing short of theft," panel chairman Rep. James Sensenbrenner, R-Wis., said in a statement. "The SEC must take a stronger position on finding, preventing and punishing abuses by insiders, or Congress will be forced to take another look at how mutual funds are examined and regulated."


Substitute "mutual funds" with "small-cap securities" and you have another scandal to uncover.


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