SEC Hipocracy or "The Scamming of regular investors"

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posted on Nov, 28 2010 @ 02:35 PM
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www.secactions.com...
1.consented to the entry of permanent injunctions prohibiting future violations of the antifraud provisions of the Exchange Act.
2.consented to the entry of a permanent injunction prohibiting future violations of the antifraud provisions of the Exchange Act. He also agreed to disgorge his trading profits, pay prejudgment interest and a penalty equal to those profits.
These are the rulings against 2 individuals but now the SEC is going after some Hedge Funds
www.secactions.com...
It is apparent that the main issue is of the SEC is control for their Masters. Only their masters can get away with fraud, theft & accessory to murder. The SELECTIVE choices of who to go after shows who owns them & who owns the markets.
www.secactions.com...
When forced to go after someone they don't want to bother, a slap on the wrist in in order. When others they have little power over get in the way, then we see the big guns come out.
Here are a few that made Billions off Insider (Informed) Trading, Fraud, Murder, Theft, etc that the SEC won't bother with. Why? Thy Masters Word.

www.globalresearch.ca...
The extent of the 9/11-related informed trading was unprecedented. An ABC News Consultant, Jonathan Winer, said, “it’s absolutely unprecedented to see cases of insider trading covering the entire world from Japan to the US to North America to Europe.”

Some reports claimed that the 9/11 informed trades were such that millions of dollars were made, and some of that went unclaimed. [19] Others suggested that the trades resulted in the winning of billions of dollars in profits. One such suggestion was made by the former German Minister of Technology, Andreas von Buelow, who said that the value of the informed trades was on the order of $15 billion.

The affected 56,000 shares of Stratesec stock were purchased by a director of the company, Wirt D. Walker III, and his wife Sally Walker. This is clear from the memorandum generated to record the FBI summary of the trades investigated.[22] The Stratesec stock that the Walkers purchased doubled in value in the one trading day between September 11th and when the stock market reopened on September 17th. The Commission memorandum suggests that the trade generated a profit of $50,000 for the Walkers. Unfortunately, the FBI did not interview either of the Walkers and they were both cleared of any wrongdoing because they were said to have “no ties to terrorism or other negative information.”

The people ultimately found included an unnamed customer of Deutsche Bank Alex. Brown (DBAB). This involved a trade on United Airlines (UAL) stock consisting of a 2,500-contract order that was, for some reason, split into chunks of 500 contracts each and then directed to multiple exchanges around the country simultaneously.[12] When the 9/11 Commission report pointed to a “single U.S.-based institutional investor with no conceivable ties to al Qaeda,” it was referring to either DBAB or its customer in that questionable trade.

Michael Ruppert has since written about DBAB, noting that the company had previously been a financier of The Carlyle Group and also of Brown Brothers Harriman, both of which are companies closely related to the Bush family. Ruppert also noted that Alex. Brown, the company purchased by Deutsche Bank to become DBAB, was managed by A.B. (Buzzy) Krongard, who left the firm in 1998 to join the CIA as counsel to director George Tenet.[13] Krongard had been a consultant to CIA director James Woolsey in the mid 1990s and, on September 11th, he was the Executive Director of the CIA, the third highest position in the agency.






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