Replies to post #86274 on SwingTrade Member Forum (SWING)

[BuzzOnDaBeach]

They send it to me. eom

[Rawnoc]

Probably to finance the SEC's investigations.

AKA bonuses, extortions, wild parties, prostitutes, booze, drugs, and BRIG.

Raw

[Rawnoc]

The SEC almost always, however, slaps fines on people who break those civil laws. When a company settles and agrees to pay it (or fights it and loses in court), that money goes directly to Uncle Sam, specifically the U.S. Treasury Dept. The idea is to make it costly for someone to commit fraud.

http://msnbc.msn.com/id/3540936/

Raw

There's a lot more in the link such as if investors were scammed the SEC may try to give the fine money back to them.

[berge]

one hell of a christmas party for the SEC