Of course i will only believe it when i see some tangible results. Maybe these twits will have the added stress of not knowing. Maybe they will crawl back into their hole.
Shorts beware, SEC is on the prowl.
SEC is on the prowl for rule breakers big and small.
The top U.S. securities regulator on Wednesday (10/9) placed everyone on notice, saying her agency plans to look for violations in all corners of the market, from major Wall Street investment firms to boiler room operations.
"Minor violations that are overlooked or ignored can feed bigger ones, and, perhaps more importantly, can foster a culture where laws are increasingly treated as toothless guidelines," Securities and Exchange Commission Chair Mary Jo White said in a speech at a conference about SEC enforcement issues.
"I believe it is important to pursue even the smallest infractions."
