"There should be no doubt the SEC had adequate evidence against Laidlaw regarding the public stock...the ONLY thing they care about"
What was the evidence?
Do you have that information?
It should be understood there are "degrees" oR standards of evidence...from simple suspicion....all the way to concrete...
Are you speculating that the SEC had CONCRETE evidence of illegal wrong doing?
...or is it possible that it could have been suspended based SOLELY on circumstantial evidence?
Has the SEC ever suspended an entity WITHOUT CONCRETE evidence of illegal activity?
It is not enough to say they simply had "evidence".
They said "questions"...my humble unsubstantiated opinion means..they are in the process of uncovering the extent of a list of concerns.
I believe the SEC can legally suspend any entity,for a lot less standard of evidence that is being bandied about on this board.
Please clarify by simply stating:
1. The SEC had concrete evidence of illegal wrong doing in hand BEFORE suspending lleg
2 By default you are also alleging that it is ONLY under those "concrete" standards of evidence of illegal activity, that the SEC will suspend a stock.
TIA for you forthcoming clarifications
Everything I say,is only my opinion. DO not rely on anything I post,as buy or sell advice. DO your own homework.