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      Viewing 10 posts - 1 through 10 (of 14 total)
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      • Were Only Just Getting to Know Chris Brummer aka Dr Bratwurst as He Swims From Sinking FINRA

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      • DEREK BENTSEN, SEC LAWYER FOUND IN A TRUMP "SWAMP" DEREK BENTSEN, the Securities and Exchange Commission ("SEC") enforcement lawyer recently had quite some rotten egg shell on his face. After being caught lying to a New York federal judge at least five times in a made-up case against Japanese American lawyer William Uchimoto, SEC lawyer Derek Bentsen reappeared in DC's Chinatown, chasing a bizarre "cross border" market manipulation case. "We must drain the swamp and fire these very stupid people working for our government," said Donald Trump. Trump is right: at the bottom of a swam - deep in the mud, you may find SEC lawyer Derek Bentsen gasping for air. WILD ACCUSATION In October 21, 2016 court filing, Derek Bentsen told the highly intelligent federal judge P. Kevin Castel that lawyer William Uchimoto had engaged in "cross border" market manipulation involving "Chinese reverse mergers." Derek Bentsen went for the jugular, hardly holding back his foul mouth: “… his co-defendants would convince the client companies to enter into “lock up” agreements that prevented the management from trading their shares for a period of time…This control allowed easily manipulate the market for those securities and profit from the scheme.” The outlandish SEC charge raises a simple question: How did Derek Bentsen know the "market manipulation" claim actually happened? Other than the SEC bureaucrat's conclusory statement, the court filings provided no evidence whatsoever against Uchimoto. Admittedly, Derek Bentsen has never been to China. He doesn't speak Chinese. Neither has Derek Bentsen done any business with China in his life. How in the world could Derek Bentsen know about Chinese legal practices? Neve mind, Derek Bentsen lives in Washington DC and his knowledge of China is indeed close by: DC's Chinatown. "Derek Bentsen is such an ignorant pile of shit," said journalist Ronnie Chieng. "It's time to expose this damn racist." CHINESE LAW Under the Chinese law, shares owned by founders/management are automatically “locked up,” prohibited from selling for at least 3 years from the time when their shares are listed on a stock exchange. The rule applies to China-based companies traded anywhere in the world since many of them have Chinese shareholders. "The voluntary thee-year “lock up” of Chinese founders' shares is literally the Chinese the black letter Chinese law!" In the U.S, a similar requirement exists under the SEC’s own Rule 144 which demands insiders maintain a 2-year share lock-up. It's the same concept. Somehow this normal business became “illegal activity” when China-based companies were involved. Jewish reverse mergers? How about the fact that far more Israeli-based reverse merger companies trade on U.S. stock exchanges than those from China? Derek Bentsen has never called them "Jewish reverse mergers." But why not? Pure racism? Yes. There is term called anti-Semitism. No one has invented a similar phrase for discrimination against the Chinese. Derek Bentsen knows that! A quick reading of the Wall Street Journal also teaches Derek Bentsen and his fellow imbecile SEC bureaucrats Steven Susswein, Cheryl Crumpton the same basic knowledge. In a December 2015 Journal article titled “Chinese Companies Are Trapped in IPO Logjam,” the Wall Street Journal pointed out the same Chinese law: “… the Chinese company’s ‘control investor,’ usually its founders, can’t sell shares for three years…” “The 3 year share lock-up requirement under Chinese law is so basic, even someone with an IQ of 40 (clinical definition of a retard) in China would know that. Well, apparently it was too much for the SEC folks Derek Bentsen, Steven Susswein and Cheryl Crumpton - they have never stepped outside DC's Chinatown. By entering into share lock-up agreements, a Chinese company and its founders reap many benefits. The lock-up arrangements have also received unanimous board approvals, passed independent auditor reviews, got blessings from their own lawyers, applauded by investors, had management’s own signatures, made repeated disclosures in their SEC filings, and the company successfully raised over $100 million each to spend freely – directed by the same company founders/managers/board members themselves… Derek Bentsen: don't call me a Chinaman Japanese American lawyer William Uchimoto is furious over an SEC "fraud charge" against him: “I think the SEC outright lied about the facts,” WILLIAM Uchimoto told reporters. “I got swept into something so they could have some Chinese scalps.” Is obeying the law somehow becoming “market manipulation”? For the imbecile SEC bureaucrats, common sense is just too much to comprehend. “Did this curious SEC lawyer Derek Bentsen ever bother to read a single Chinese law book before he choked himself in complete ignorance, humiliated himself in public filings with false allegations against the Chinese?” Or is Derek Bentsen so shameless that he’s just happy being in existence as a true retard and a regulatory rapist? Perhaps both.

        Fraud, Lies, SEC Lawyer Derek Bentsen ‘Drained’ in Chinatown Market Manipulation ‘Swamp’

        9 years ago

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      Viewing 10 posts - 1 through 10 (of 14 total)
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