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patchman

10/04/09 11:26 AM

#225329 RE: Rookiemove #225323

How many SEC cases of fraud result in a criminal enforcement action?

I would suggest that you read the FINRA and SEC Monthly enforcement reports and see how many frauds are handled civilly but no criminal enforcement came of them. CEO's of micro-cap stocks are barred from ever being an officer of a public company again and fined heavily due to fraud, including a P&D, and yet the DOJ never gets involved.