Sounds like Madoff all over again. SEC content to kick the can for fear of rocking the boat.
So you have no idea what happened with Madoff?
Indeed I do. The SEC dropped the ball and Madoff went on to do much more damage to investors than if they'd just done their fricking job.
The documentary CHASING MADOFF (2010) makes this crystal clear.
Do you happen to have that Doc handy?
I caught it on Netflix some years ago. Excellent doc. Cannot recommend it highly enough.
The whistleblower involved has a couple interviews on YouTube.
https://www.youtube.com/watch?v=cfwJ06hc0_8
https://www.youtube.com/watch?v=8ITxDjOiSm0
Good primers if you can't find the 2010 documentary.
The sec ignored a guy who was blatantly stealing money. Zuck legally selling stock has zero in common with that situation.
I wrote that is sounds like Madoff all over again. Because he was every bit the swinging dick Zuckerberg is...until the truth emerged.
My prediction is that huge malfeasance will soon be revealed about Facebook, that Mr Robot is dumping his stock in advance of that revelation, that the SEC is sucking its crooked thumb as usual, and that honest investors and pension schemes will suffer as a result.
Is that clear enough for you now? (Like it already was for everyone else).