Posted On: 01/14/2015 10:30:59 PM
Post# of 39368
Pretty sure Chris is being looked at very closely, and he was issued a summons in as far as Treaty Energy is concerned. The SEC protects investors by setting up and enforcing rules and regulations that are law. If the company does not follow those rules and regulations and the investors don't heed the advice the SEC gives about those company's that don't comply, how is that the SEC's fault? Treaty broke all the rules, the investors were warned.
The SEC takes the actions like they have taken to protect possible FUTURE investors . Not those currently stuck.
Why would the SEC suspend trading of a stock when it knows that such action will hurt current shareholders?
The SEC suspends trading in a security when it is of the opinion that the suspension is required in the public interest and to protect investors. Because a suspension often causes a dramatic decline in the price of the security, the SEC suspends trading only when it believes that the public may be making investment decisions based on a lack of information, or false or misleading information. A suspension may prevent potential investors from being victimized by a fraud.
http://www.sec.gov/investor/alerts/tradingsuspensions.pdf
http://investor.gov/news-alerts/investor-aler...Lc0ilx0xjo
Investors were warned over and over.
The SEC takes the actions like they have taken to protect possible FUTURE investors . Not those currently stuck.
Why would the SEC suspend trading of a stock when it knows that such action will hurt current shareholders?
The SEC suspends trading in a security when it is of the opinion that the suspension is required in the public interest and to protect investors. Because a suspension often causes a dramatic decline in the price of the security, the SEC suspends trading only when it believes that the public may be making investment decisions based on a lack of information, or false or misleading information. A suspension may prevent potential investors from being victimized by a fraud.
http://www.sec.gov/investor/alerts/tradingsuspensions.pdf
http://investor.gov/news-alerts/investor-aler...Lc0ilx0xjo
Investors were warned over and over.
(0)
(0)
Scroll down for more posts ▼