Don't you think that was reckless of him to violate SEC regulations while under a TRO? That seems like quite a bit of material information Rufus disclosed at a private meeting. It's pretty apparent he's in way over his head as he doesn't quite understand how the system works.
I have always wanted to see exactly what happens when a person blatantly ignores a TRO. Perhaps we may get a chance to find out since Rufus considers the TRO to worth even less than the shares in his company..