The SEC can do whatever it wants and answer to no one, just like any other branch of the US government can do. We need the SEC to come forth with their findings and impose fines or press charges against someone. Since Allyn is a chosen one/member of the tribe, he might have already been let off the hook and allowed to ride off into the sunset. Once fault has been established, then attorneys will be more likely to represent shareholders in a civil lawsuit against I-Equity and those on the SKTO board of directors, etc.--primarily with the evidence that the SEC has compiled.
By the way, isn't it odd that the SKTO message board on Investors Hub had 150,000 negative posts and not one person filed a lawsuit? The bashers that made those posts had neither short nor long positions in the stock, which means that they were being paid by either Big Pharma or the government. Well, good job boys. You deserve a raise.