I hope any FFGO settlement goes different than the UBS settlement. UBS was fined a scant 12 million. The fine money probably goes to FINRA or other government agencies. It was not a cash settlement to the shareholders that were wronged. It is a step in the right direction.
SevenTenEleven: In thinking about your post the reason for the relatively small fine may have been to send an affordable message. Think about it regulators need all those that enabled and assisted the naked shorters to remain in business and collect what is necessary from those responsible. UBS and the other 4999 know exactly who owes what and how to recover and bring home the treasure. Think of the money presently hidden offshore untaxed that will be coming home and back into the hands of folks who will willingly pay taxes, spend to stimulate the economy and create jobs in the process. A win win win for all and a loss only to those who through illegal acts stole money from millions of investors. Lets get the money back in the rightful hands first and then worry about prosecuting the guilty after that. Nice to be a part of helping to eliminate the fraud in our markets. Go FFGO!!! A dividend of 3400%+ is awesome especially if it is all cash!
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