By way of example: Man says he shot a woman in the head. Police charge him with homicide. He objects and says, Yeah, I shot her in the head, but I ain't admittin' to no homicide.
The reason for the dialect is an example of the lack of thought process that goes into that dumb statement. Hope that helps. ;-)
Two brokerage firms closed his accounts for manipulative trading - you might want to read the SEC complaint.
The SEC doesn't file a lawsuit against OTC companies unless the claims are extremely egregious.
The SEC didn't do a deep dive in how Deitsch has been living off of the toxic loans for years at the expense of shareholders - the dilution has been soul crushing.