Oct. 26, 2018
This rules should have been implemented long ago. Now if SEC and finra just gives fines and not getting any payment and the fraudsters just declares bankruptcy and no prison time You prosecution is toothless and encourages more CRIME and more fraud. and fraud pays in the exchange. Either you send some people into prison or arrest them for fraud, these fines are toothless. Especially for this company Private media it’s a European company and it’s stock been delisted since 2016 and no news from the company and hasn’t filed a financial report since 2013 They don’t want to file for a reason. They want the retail investors to close their positions for free and sell it to the broker. The listing for these companies is just for tax purposes or money laundering purposes. https://investorshub.advfn.com/Private-Media-Group-Inc(fka-PRVT)-12647/ this is just one company that just robs investors and they get away with. All you guys do delist and give fines that will never get paid. So SEC and finra useless to the public. Sent from Mail for Windows 10