Yuka Group Inc. (YUKA)

[jbsliverer]

Not their job or responsibility. Those guidelines are already there. Just follow SEC, FINRA, and common business and trading practice rules. Shady companies like CRWV that have conflicting financials, irresponsible business practices, and lack of their own company transparency don't fit into those guidelines.

Yes, practices like CRWV is exhibiting have been gotten away with in the past. There is bigger money in selling shares and ideas of gold (for example like CRWV), or hopes and dreams to investors than it is to carry out a real business. Lot easier and quicker too. The SEC and other governing bodies are way under staffed or underfunded and can't even get to all the offenders (in fact just a very small percentage). The insiders and owners of shells know this and abuse it. These shells and companies like CRWV have been going amok.

So it's no surprise when a company like CRWV falls into the chills. The odds of a "good company" falling into it would be rare without not following the necessary guidelines that are already known, just not enforced.

Many want to blame the DTCC, but it's not their fault, it's the companies. The DTCC actually does a pretty good job considering all that they do. Monopoly, maybe. But that's the American market way and some entity has to do it. The way the trading system is set up and controlled, it would be very hard to have multiple systems or different companies doing it.