Posted to millionaire board by BlueDiamonds
Annette Nazareth Subpoenaed by CMKX
Annette L. Nazareth Director, Division of Market Regulation US Securities
Who is Annette:
www.federalreserve.gov/boarddocs/press/general/2001/20010726/default.htmFrom:
cmkxdiamond.proboards32.com/index.cgi?board=general&thread=1114792213&action=display&start=30Can you say backfired? This simply puts more credence to the belief that this is a all a "roll-over-play-dead-let-the-sec-take-us-to-the-hearing" SHORT STING OPERATION.
Bravo UC
Bravo Maheu
Bravo Stoecklein
DiamondTrader
cmkxdiamond.proboards32.com/index.cgi?board=general&thread=1114792213&action=display&start=45I expect the judge will sign the subpoena. I also expect that Motion to Quash will be filed by the SEC. I'm not sure that the judge can, on her own (sua sponte), simply refuse to sign the subpoena. I believe it will be issued as written. Once the SEC, has filed their Motion to Quash, as I expect, the judge will then have the opportunity to rule on whether or not the subpoena should be quashed (voided) or not.
Due to the volume of information requested, I agree that the May 6 date won't stand if the subpoena stands. I can easily see the judge granting additional time to comply with the subpoena and rescheduling the May 10th hearing. If she quashes the subpoena, I believe the hearing will most likely go as scheduled. I'd expect the Motion to Quash to be filed quickly, and a telephone hearing on the motion to be scheduled next week. Again, just my guess. I expect the same to happen with the DTCC subpoena. In summary, I predict:
1. The judge will sign the subpoena (unless there is an administrative rule that would allow her to exercise her discretion and decide to not do so on her own);
2. The SEC will be served with the subpoena;
3. The SEC will file a Motoin to Quash Subpoena on the grounds that the requested documentation is irrelevant to this hearing and is not reasonably calculated to lead to the discovery of admissible evidence, and that it would cause the DTCC to incur substantial, unnecessary expenses that the Requesting Party does not need to defend the subject litigation;
4. There will be a hearing next week on the Motion to Quash Subpoena;
5. The judge could quash the subpoena;
6. If she doesn't quash the subpoena, she will most likely allow additional time for the SEC to comply with it;
7. If no quash, the May 10th hearing will be rescheduled to give the SEC time to comply with the subpoena; and
8. If the subpoena is quashed, Stocklein will preserve that as error for a possible ground of appeal, and the hearing will go as scheduled.
That is my best guess of what is to come regarding the subpoena and all IMHO. Should be interesting to see the judge's ruling on the Motion to Quash. Should know the answer to that next week. I expect the same with the DTCC subpoena, but that's just my lay guess of what will occur procedurally.
JJ
cmkxdiamond.proboards32.com/index.cgi?board=general&thread=1114792213&action=display&start=15on Today at 12:11pm, Fofoa wrote:
I have yet to see a pig fly, therefore I highly doubt that either the SEC or DTCC will produce the trading records and reports. They will guard this information at all costs.
If they won't produce those records after being ordered by the New York Supreme Court in the EagleTech case, then there is no chance that they will produce them for us due to a subpoena. Or I should say, especially to us, since it is very apparent even to a one-eyed lobotomized mental midget that we are heavily naked shorted. Shorted out the yen-yang..
One thing that I do like though, having that cagey SOB named Robert Maheau commanding our ship.
Which are you looking most forward too: Robert Maheau testifying or Ed Donahue testifying?
I can't wait to hear what Eddy D, has to say about our mineral claims in court. That should be very interesting testimony. I bet some MM's will have a very bad afternoon after he testifies. They will know then that they have been had. Now onto, how do we make them actually pay the cash? that will be the hard part.
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Such optimism! You obviously do not understand the determination of a scorned woman, in this case the Chief Adminstrative Law Judge, Brenda P. Murray. No U.S. Federal Judge will allow its Order to be ignored.
Look, a pig just flew past our flat!
bonoedge
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