I have no doubt even though no charges have been filed yet the regulators know all the problems that exist at Penson. In fact, I think this is a plan designed by the regulators in an effort to hide the massive fraud that was committed. The question in my mind is that is this not be exposed fully to insure that either the incompetence of the regulators or the fact that some were captured is being hidden? We really need an independent investigation with no holds barred that exposes all to the light of day letting the chips fall where they may imho.