SPIN as a lawyer whatever happened to the innocent until proven guilty? You are already assuming Wave is guilty for something. Do you have inside information that you are always accusing others of having?
obviously the Commission concluded that after conducting a four month long informal inquiry that there was enough substance to upgrade it to a formal investigation. whether Wave receives a "Wells notice" remains to be seen."
The only thing 'obvious' here is your predjudice against Wave. So what is your 'obvious' agenda.