yes and brokers call you on the phone and beg you to sell your shares at ridiculous prices! You tell them to go to hades and hang up. They call you right back and double or triple the offer.
That was part of the problem, investors had the stupid insiders and their friends, and hence their brokers after that, by the balls.
The Mona Lisa had been sold 138,000 times and recovering the 137,999 shares would have been very costly.
So instead of following the rules it was more desirable for MM buddies and broker friends to simply suspend the stock, suspend the Net Capital rule so they did not have to carry the huge amount owed on their books, and then never let the stock trade again.
Regulator FRAUD