Replies to post #145509 on Bancorp International Group Inc (fka BCIT)

[PureCaneSugar]

So hard to tell if the alphaeit soup regulators SEC, FINRA, etc.) are playing stupid to provide cover or are stupid. However once an error is pointed out how do they react?

Does the SEC correct communications to the US Senate?

Does FINRA explain AND correct the "clerical error?"
Interesting clerical error that can never be understood, explained or corrected.

And there we cross the line from malfeasance to fraud, not correcting something that you should have done, when it should have been clear to you that it was wrong at the time it happened.

FINRA seems embarrassed to be caught out, so they are either really stupid to not correct their simple little error or they are stupid to open up such an obvious can of worms.

And to the RISK departments at the brokers, your best advice at this moment is to do nothing while the evidence builds for slam dunk legal cases? see posts like actual lose vs. provable loss and enforcing the Customer Protection Rule.