Replies to post #185547 on Fortress Financial Group fka FFGO

[OldBen]

Couldn't FINRA tell us there is a pending settlement without giving out any details?? Would be a worthy question if you get another chance to ask it.

That $258 million you mention is "cashless." The hope is for a "cash" buyer to come along for Lumb, FFGO and NMGL

[Lebron23]

I seriously doubt that FFGO/NMGL/RENS are even on the SEC radar.
The SEC radar is attuned to other larger firms.
The SEC doesn't have enough people to properly enforce things.
That's why they crank out Form Letters.
http://dealbook.nytimes.com/2011/03/07/s-e-c-severely-understaffed-review-finds/