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Strategies & Market Trends : Stock Watcher's Thread / Pix of the Week (POW) -- Ignore unavailable to you. Want to Upgrade?


To: StockDung who wrote (7600)4/29/1999 4:03:00 PM
From: Francois Goelo  Read Replies (2) | Respond to of 52051
 
One more lie on your record, Flodyie: SEC never comments on its enquiries...

as this excerpt from their standard reply, clearly proves:

We are always interested in hearing from members of the public, and you may be
assured that the matter you have raised is being given careful consideration in
view of the Commission's overall enforcement responsibilities under the federal
securities laws. It is, however, the Commission's policy to conduct its
inquiries on a confidential basis. The Commission conducts its investigations
in this manner to preserve the integrity of its investigative process as well as
to protect persons against whom unfounded charges may be made or where the
Commission determines that enforcement action is not necessary or appropriate.
Subject to the provisions of the Freedom of Information Act, the existence or
non-existence of an investigation as well as information which may be gathered
thereunder is not disclosed unless made a matter of public record in proceedings
brought before the Commission or in the courts.


Should you have any additional information or questions pertaining to this
matter, please feel free to communicate directly with the undersigned at Mail
Stop 7-10, 450 Fifth Street, N.W., Washington, D.C. 20549 or via e-mail at
enforcement@sec.gov.

We appreciate your interest in the work of the Commission and its Division of
Enforcement.