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Re: TenKay post# 112029

Friday, 09/21/2012 12:41:51 AM

Friday, September 21, 2012 12:41:51 AM

Post# of 232511
But I would note that it generally takes many many years to get to that point and usually a company has to fight to get the SEC to state that an investigation is complete and nothing was found.

Usually the best they can get is a No Action letter. That only means the SEC won't bring a further enforcement action. It's not really an exoneration.

And getting a No Action Letter isn't easy.
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