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Re: wallstreetmav post# 10866

Friday, 11/23/2012 11:54:03 AM

Friday, November 23, 2012 11:54:03 AM

Post# of 10963
When a class of shares is revoked, brokers are forbidden from trading it, and FINRA deletes the symbol. End of story, usually, but not here. I pinged SEC and FINRA on this years ago, but all I got was form letters saying that everything was done according the 'rules'. My conclusion?: Administrative foul-up at FINRA combined with another at SEC...because, while the final order happened, it was not posted to their litigation list here: http://www.sec.gov/litigation/admin/adminarchive/adminarc2009.shtml
....which is apparently what FINRA keys off of.

Only the initial decision is there. Normally, final decisions are also posted there, obviously.

...for goodness sake lets have some fun watching these people squirm. - CH

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