I’ve asked/mentioned this in the past: If the
Post# of 29251
If the SEC turns their head on the manipulation of OTC/low pps stocks (or others?) the US government then gets to tax 40 - 45% on short term gains VS x - 25+% on long term gains right?
So why would the SEC care? They should yes. But there is corruption everywhere and for the most part this is an unjust world we live in.
On the other side: Although blatantly obvious there is sketchy and illegal manipulation I can imagine it is a daunting task if you look at the numbers:
“The majority of them are thinly traded. In the US, less than 4000 companies are actively traded in NYSE or Nasdaq. There are another 15000 stocks that are traded over the counter (not in a major exchange) in the US.” (https://top.quora.com/How-many-publicly-traded-companies-are-in-the-world)
SEC number of employees: 4,301 - 2015 (have not found recent #)
Who knows?
GL to all who believe!
Everyone else crash and burn!