• Facebook
  • Twitter
  • instagram
  • linkedin
  • pinterest

TheBlot Magazine

Voice for the Voiceless! Millions of Readers A Year

  • POPULAR
  • HOT
  • TRENDING
Menu
  • NEWS
  • MONEY
  • POLITICS
  • OPINION
Login
  • Log In
  • Members
  • Register
Search
Submit Your Story
Story Audio Video
Menu

TheBlot Magazine

Voice for the Voiceless! Millions of Readers A Year

Switch to the dark mode that's kinder on your eyes at night time.

Switch to the light mode that's kinder on your eyes at day time.

  • POPULAR
  • HOT
  • TRENDING
Login
  • Log In
  • Members
  • Register

AMERICAN HERO TALMAN HARRIS

More stories

  • Alan Lawhead, Robert Colby, FINRA NAC, the Corrupt FINRA Watchdog is Full of Fleas

    Alan Lawhead, Robert Colby, FINRA NAC, the Corrupt FINRA Watchdog is Full of Fleas

  • This Week in Weird News Hawaiian Prostitutes, Circumcision Protests, Walmart Toe Sucker

    This Week in Weird News: Hawaiian Prostitutes, Circumcision Protests, Walmart Toe Sucker

  • Bill Singer, Brokeandbroker Lawyer Lashes Out at FINRA NAC Abuse, Chris Brummer Fraud

    Bill Singer, Brokeandbroker Lawyer Lashes Out at FINRA NAC Abuse, Chris Brummer Fraud

  • My Pristine Reputation, Raped by FINRA General Counsel Robert Colby

    Investigations: My Pristine Reputation, Raped by FINRA General Counsel Robert Colby

  • The notorious Georgetown Law School nutty professor Chris Brummer has a moronic degree in "Germanic Studies"

    Sex, Fraud: Senate Dumps Georgetown Law Professor Chris Brummer CFTC Nomination

  • BREAKING SEC Lawsuit Against Lawyer William Uchimoto Has Roots in Nazi Germany

    Hot

    BREAKING: SEC Lawsuit Against Lawyer William Uchimoto Has Roots in Nazi Germany

  • GEORGETOWN PROFESSOR CHRIS BRUMMER SUED FOR FRAUD, BROKER TALMAN HARRIS FIGHTS FINRA NAC 'MEAT GRINDER'

    GEORGETOWN PROFESSOR CHRIS BRUMMER SUED FOR FRAUD, BROKER TALMAN HARRIS FIGHTS FINRA NAC ‘MEAT GRINDER’

  • 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’

  • How to Win a Fabricated Case, SEC Lawyer Derek Bentsen Knows, Dupe Federal Judge P. Kevin Castel at Least Five Times

    How to Win a Fabricated Case? SEC Lawyer Derek Bentsen Knows: Dupe A Federal Judge Five Times

  • FINRA Supports FINRA NAC Members, Sponsors Racism, Chris Brummer Fraud

    FINRA Supports FINRA NAC Members, Sponsors Racism, Chris Brummer Fraud

  • I Am An Asian American, A Second Class American Citizen

    Op-Ed: I Am An American, Why Do I Feel LIke A Second Class Citizen?

  • Fraud, Lies, How Nasdaq's William Slattery, FINRA's Robert Colby Lied to the FBI, Duped the Government

    INVESTIGATIONS: How Nasdaq William Slattery, FINRA Robert Colby Lied to the FBI, Duped the Government

Load More
Congratulations. You've reached the end of the internet.
  • Facebook
  • Twitter
  • instagram
  • linkedin
  • pinterest

Newsletter

Don’t miss out on new posts!

No spam. Just the weirdest stuff on the internet.

DON’T MISS

  • Sex, Fraud: Senate Dumps Georgetown Law Professor Chris Brummer CFTC Nomination

  • Benjamin Wey — The 1% Aren’t the Economic Problem

  • Too Ugly to Date on the 4th, Ten Ways to Pleasure Yourself

© The Blot Magazine. All Rights Reserved

  • About Us
  • Contact Us
  • Advertise
  • Article Submission
Back to Top
Close
  • ART
  • EATS
  • ENTERTAINMENT
    • Celebs
    • Movies
    • Music
    • Theater
    • TV
  • FASHION
  • HOLIDAY
  • LIFE
    • ANIMAL
    • Pets
    • Travel
  • SEX
  • SPORTS
  • THEBLOT LOVE
  • POPULAR
  • HOT
  • TRENDING
  • Facebook
  • Twitter
  • instagram
  • linkedin
  • pinterest
Submit Your Story

Log In

Sign In

Forgot password?

Don't have an account? Register

Forgot password?

Enter your account data and we will send you a link to reset your password.

Back to Login

Your password reset link appears to be invalid or expired.

Log in

Privacy Policy

To use social login you have to agree with the storage and handling of your data by this website. %privacy_policy%

Accept

Add to Collection

  • Public collection title

  • Private collection title

No Collections

Here you'll find all collections you've created before.