Posted On: 08/07/2014 8:10:03 PM
Post# of 14350
But, but, but... I thought there were no NSS?
That's what BS told me and so did others! Aren't they always right? lol
As it turns out, through documents obtained through the FOIA (Freedom of Information Act)
from the SEC, the SEC in 2010 not only knew about this illegal practice taking place with
LPHI stock, they pursued legal action against some who were practicing it.
The SEC, in administrative court, prosecuted, obtained a conviction, and fined ($2 million)
Options Express, a subsidiary of Charles Schwab, for illegal naked short selling of LPHI stock
through the practice of resets.
That's what BS told me and so did others! Aren't they always right? lol
As it turns out, through documents obtained through the FOIA (Freedom of Information Act)
from the SEC, the SEC in 2010 not only knew about this illegal practice taking place with
LPHI stock, they pursued legal action against some who were practicing it.
The SEC, in administrative court, prosecuted, obtained a conviction, and fined ($2 million)
Options Express, a subsidiary of Charles Schwab, for illegal naked short selling of LPHI stock
through the practice of resets.
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