Replies to post #16374 on Century Petroleum Corp (CYPE)

[Sheepdog]

There are so many companies in the market that the SEC nor FINRA spend time monitoring each one. It's all in a general watch over unless someone brings it to their attention.

100% incorrect.

Milost/Palewater applied to FINRA for a name change etc. FINRA reviewed the application and immediately notified the SEC and suggested they suspend trading for this scam.

And for good reason.

[janice shell]

There are so many companies in the market that the SEC nor FINRA spend time monitoring each one. It's all in a general watch over unless someone brings it to their attention.

That's true. But the SEC doesn't just pick up the phone, listen to a "tip" for 15 minutes, and then suspend the stock in question. They do their own digging.

FINRA's OFDMI also conducts investigations and makes referrals to the SEC.