FINRA/SEC can not delist it now. They're on the ho
Post# of 11040
(Total Views: 580)
Posted On: 07/11/2023 8:43:36 PM
FINRA/SEC can not delist it now. They're on the hook for regulatory responsibility. Once it hit the State and Federal court systems it locked in WallStreets liability to deal with it. It can't be swept away like all the other companies destroyed by stock counterfeiting practices by WS bad actors. All those crimes wiped away.
And lets say they did delist it, the liability and claims against all brokers with CRGP positions would skyrocket their cost of business astronomically. And for what? To get trapped up in court, unable to protect yourself from eventual Discovery. Arbitration goes out the window once FRAUD or MISCONDUCT is determined. And brokers wont be able to hide behind market maker jurisdiction via federal security laws because the Supreme Court already over tuned it in 2016. The State has jurisdiction to bring claims to court against market participants especially in matters of naked short selling. The brokers have no "immunity" hide behind like Finra does and that seems to have a time limit approaching fast too.
Thats right...The STATE COURT OF NEVADA has a record of FRAUD on the court and now every single position held at a broker dealer institution is on the hook for their liabilities. And the FEDERAL COURT identifies the share imbalance and the clearing parties involved. Not to mention all of their clients are subject to subpoenas if further litigation were needed. Even the DOJ announced twice in the last 8 months there were probing into short sellers. Which would suggest these types of crimes are currently under investigation.
I understand that not everyone likes reading the truth, it could even be harder to accept especially when you don't follow the market mechanics and legal activity day to day, but these are legal facts and it keeps getting overlooked, misdirected, or ignored on purpose....while CRGP continues to trade at the current price of .0005 on the OTC Expert Market.
Nobody can delist CRGP without taking on serious legal risk!
So again, we wait for court actions or Wallstreet to clean it up. And yes the DTC will be paying the bill to cover the imbalances (insurance) and then they will decide how to go after their broker participants to settle up the debt so the financial markets can continue to operate normally.
https://investorshub.advfn.com/boards/read_ms...=172316324
$13
$CRGP
And lets say they did delist it, the liability and claims against all brokers with CRGP positions would skyrocket their cost of business astronomically. And for what? To get trapped up in court, unable to protect yourself from eventual Discovery. Arbitration goes out the window once FRAUD or MISCONDUCT is determined. And brokers wont be able to hide behind market maker jurisdiction via federal security laws because the Supreme Court already over tuned it in 2016. The State has jurisdiction to bring claims to court against market participants especially in matters of naked short selling. The brokers have no "immunity" hide behind like Finra does and that seems to have a time limit approaching fast too.
Thats right...The STATE COURT OF NEVADA has a record of FRAUD on the court and now every single position held at a broker dealer institution is on the hook for their liabilities. And the FEDERAL COURT identifies the share imbalance and the clearing parties involved. Not to mention all of their clients are subject to subpoenas if further litigation were needed. Even the DOJ announced twice in the last 8 months there were probing into short sellers. Which would suggest these types of crimes are currently under investigation.
I understand that not everyone likes reading the truth, it could even be harder to accept especially when you don't follow the market mechanics and legal activity day to day, but these are legal facts and it keeps getting overlooked, misdirected, or ignored on purpose....while CRGP continues to trade at the current price of .0005 on the OTC Expert Market.
Nobody can delist CRGP without taking on serious legal risk!
So again, we wait for court actions or Wallstreet to clean it up. And yes the DTC will be paying the bill to cover the imbalances (insurance) and then they will decide how to go after their broker participants to settle up the debt so the financial markets can continue to operate normally.
https://investorshub.advfn.com/boards/read_ms...=172316324
$13
$CRGP
(2)
(0)Calissio Resources Group, Inc. (CRGP) Stock Research Links
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Quote:
If the broker-dealer fails to deliver for 13 days, the regulation imposes a “close out” duty to purchase and deliver securities “of like kind and quantity.”
https://www.bloomberg.com/opinion/articles/20...ify%20wall
https://www.scotusblog.com/case-files/cases/m...v-manning/