YES! P&D are Illegal! but not for Pinksheets! They're virtually exempt from being held accountable for P&D's
That's why they're ALWAYS Targeted!
You might what to re-read the wordings of the "Safe Harbor Act!" (SHA!)
It's literally their Get-Out-Of-Obligation Card, which they USE quite unsparingly!
So, with your stating P&D's are Illegal, is like saying GUNS are Outlawed! Albeit would only apply to those who abides BY those laws! Though evidently NOT by those who DO NOT!
So while your Argument stands Firm, it's not applicable to these Pinksheets!
OH! By the way, See you back at No Bid here! Soon!