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In my limited and non-lawyer understanding, that's not the SEC's modus operandi for investigations like this. They want to leave themselves room to study the m
by mifeng 9y ago
In my limited and non-lawyer understanding, that's not the SEC's modus operandi for investigations like this.
They want to leave themselves room to study the market and issue definitive guidance later. Also, these investigations cost time and money. So to discourage bad actors, they go after the most obvious offenders but it's not really in their best interest to present a positive counterpoint.