The Securities and Exchange Commission (SEC) Chairman Gary Gensler is now aware of the MMTLP situation.
Although Chairman Gensler failed to touch topic on inquiries regarding MMTLP during this week’s hearing, Anna Trades confirms the SEC Chair is well aware of the situation.
Anna, alongside other members of the MMTLP community visited D.C to ask Gary Gensler the hard questions.
“I had the opportunity to ask Gary Gensler, some tough questions today. To which he only answered one…he is 💯 aware of the situation regarding MMTLP!”
Investors who held shares of MMTLP stock on the record date of December 12 would receive a preferred dividend of Next Bridge Hydrocarbon on Wednesday, December the 14th.
However, ticker symbol MMTLP stopped trading on Thursday, December 8 after FINRA delisted the security without notice or warning.
More than 34K MMTLP letters have been sent to regulators by investors affected by the aftermath of the U3 halt and delisting of MMTLP.
This article has been revised to protect the campaign towards getting MMTLP to trade again. Information has been removed or edited though you can read more by searching for “MMTLP” on the site. Originally published on 4/19/2023.
The SEC is Well Aware of the MMTLP Fraud
Gary Gensler is not the only SEC commissioner aware of the MMTLP situation.
Fox Business’s Charles Payne interviewed SEC commissioner Hester Peirce, and asked for her thoughts on the injustices of the MMTLP case.
“I think the big issue that we’ve, and I’ve certainly heard those concerns, and I think the big issue that we need to take from this is we need to do a better job communicating about what happens when certain actions happen in the market,” said Hester Peirce on MMTLP.
Investors aren’t satisfied with the commissioner’s response, which only seemed to create confusion as it lacked clarity.
Transcripts surfaced in March revealing conversations between FINRA and the SEC on a fraud’s case in MMTLP that was happening behind closed doors prior to the U3 halt and delisting of the ticker.
Warren Davidson’s Office Says to Hire Lobbyist
This context has been removed to protect the MMTLP campaign and its efforts to find a solution.
The full context will be published again if there is no progress on behalf of Congress and other regulators.
This is a developing story – join the newsletter below to receive the latest updates and news on MMTLP stock.
Related: Congressman Warren Davidson Introduces Legislation to Fire Gary Gensler
Market News Published Daily
For stock market, business news and updates, join the newsletter to receive weekly market news and notifications straight to your inbox.
Franknez.com is the media site that keeps retail investors informed.
You can also follow Frank Nez on Twitter, Instagram, Facebook, or LinkedIn for daily posts.
You can now read exclusive FrankNez articles for only $1/mo.
- Gain access to EXCLUSIVE FrankNez articles you won’t find here.
- Become part of a private and safe Discord community, just for retail investors.
- Get drawn at the end of the year for holiday giveaways.
Recommended For You ✨
About The Author
Leave your thoughts below.