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Post# of 359151
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Re: Retflyr post# 168729

Friday, 05/20/2005 11:44:57 AM

Friday, May 20, 2005 11:44:57 AM

Post# of 359151
Ret-under current law states that public companies with over 300 shareholders are required to report from the git-go.

Many ignore the requirement, and SEC enforcement is lax, and slow. It is improving somewhat, however.

A simple regulation prohibiting companies that are required to report, and which are non-compliant in that reporting, from being traded via any electronic exchange would eliminate 90% of Stink Sheet fraud.



There are no stupid questions. But damn, there are a lot of stupid questioners!

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