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Wednesday, 06/08/2011 1:05:23 PM

Wednesday, June 08, 2011 1:05:23 PM

Post# of 26547
instead of throwing mud at me, just read between the lines. it's the first time SEC sent a strong message like this

hey may be called ‘penny stocks,’ but victims of microcap fraud can suffer devastating losses,” said Robert Khuzami, Director of the SEC’s Division of Enforcement. “The SEC’s new Microcap Fraud Working Group is targeting the insiders and promoters, as well as the transfer agents, attorneys, auditors, broker-dealers, and other “gatekeepers” who flourish in the shadows of this less-than-transparent market.”

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