Furthermore, with my limited knowledge of SEC stuf
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I've seen far worse being charged against a CEO of a NASDAQ outfit, along with the CEO who was also on the BOD, they paid fines then stepped down. The company was not harmed, stock traded daily and still around.
It's not pretty, but not a deal breaker either as I see it.
Baltia Air Lines Inc (BLTA) Stock Research Links
To be official soon...