DCI Telecommunications - DCTC Today Message Board

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Microcap & Penny Stocks : DCI Telecommunications - DCTC Today

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To: ernie de la fuente who wrote (16921)	6/27/1999 10:25:00 PM
From: Marvin Mansky	Read Replies (1) of 19331

What really ticks me off is the SEC lawyer Reid A. Muoio, Staff Attorney, (http://www.sec.gov/enforce/tsusp/34-41358.txt) told me that they put DCTC on the 10 day suspension TO PROTECT US. He also said that the SEC doesn't have the manpower to check out the financials of every company so they only check the companies that have a complaint registered against them. (I wonder who might have registered the complaint) What pisses me off is that if the SEC is protecting us why couldn't they just tell DCTC to get their ship in shape by a certain date or they will suspend them...not suspend them first. He also added that the SEC doesn't have anything more to do with it after the suspension and it is up to the MM's to want to trade the company again after doing due diligence to see that the company is no longer in violation. Marvin

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