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Re: needdiamonds post# 339086

Sunday, 05/19/2013 9:24:49 PM

Sunday, May 19, 2013 9:24:49 PM

Post# of 358440
Yes. But the SEC can't control what companies do. They can only act if the people running them commit fraud.

Though they do move against people who aren't running public companies--usually for stuff like profiting from Ponzi schemes--it's easier for them if the company is public.

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