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johnny8544

02/19/18 2:11 PM

#44686 RE: skidoo31 #44662

Here is the exact quote from the end of the Article.

"This is a reminder that investors should give heightened scrutiny to penny stock companies that have switched their focus to the latest business trend, such as cryptocurrency, blockchain technology, or initial coin offerings," Michele Wein Layne, director of the Los Angeles regional office for the commission, said in a statement.

Friday's announcement is the latest in an increasing number of trading suspensions and SEC actions against companies involved with initial coin offerings and cryptocurrencies."


FACT: SEC is increasing it's actions against companies involved in cryptocurrencies.

Even if SEC are idiots nevertheless even idiots can inflict damage on those they target.