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RE: EOS Settles 24 Million Dollar Fine - Did THEY Approach the SEC?
I was wondering why the price shot up 10%. The SEC is only a civil regulatory agency so it doesn't really provide that much protection, they just like oh you in our framework cool. If they decide tomorrow something was deemed illegal they can still go back or even make it a federal case.
Which is why I don't often by these announcements at face value. I realise some chains will have to make the deals with the devil so that others don't have to and I respect that.