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Re: rdailey4 post# 334079

Wednesday, 03/30/2011 10:30:24 PM

Wednesday, March 30, 2011 10:30:24 PM

Post# of 346917
Bankruptcy is civil as well and a bankruptcy judge can not compel the SEC to do anything. At best they can request that material that would provide evidence of finances and assets be provided but the SEC would most likely fight the request.

The judge does not dictate what some other agency must do for an investigation - that is a guarantee. In my last scenario, a judge could not go into the police and demand an investigation of a robbery be created when there was no evidence that a robbery actually took place. Believe it or not Judges have very limited powers and in this case they have the power of discovery and signing off subpoena's relative to discovery. The SEC is not a defendant and therefore not a participant to the case.

feel free to show me a case where a bankruptcy judge or any other judge forced a non-party to conduct an work. Just one will suffice.

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