It's not over until the fat lady sings

Apple options probe may come back in the spotlight.

The horned one was kind of wondering what ever happened to that whole Apple options thing since the SEC hadn't delivered its final word yet, causing apoplectic fits of hysteria in either the pro- or anti-Apple set.

Turns out it's just another fine job by your Department of Justice! Sleep easy, citizen!

Fortunately (or unfortunately), the SEC isn't waiting around for Elliot Mess to get its act together.

In some cases, the San Francisco [U.S. attorney's] office is moving so slowly that the Securities and Exchange Commission, which ordinarily files civil fraud cases in tandem with the DoJ, is said to be on the verge of going after violators without waiting for the DoJ. Chris Cox, the SEC chairman, said this week the agency "likely will increase the pace of announcements" in options cases.

Great!

Or, not!

Whew.

Hey, how 'bout that iPhone?!

[Disclosure: the Macalope holds an insignificant number of Apple shares.]
Tags:
Tech Culture
About the author

    Born of the earth, forged in fire, the Macalope was branded "nonstandard" and "proprietary" by the IT world and considered a freak of nature. Part man, part Mac, and part antelope, the Macalope set forth on a quest to save his beloved platform. Long-eclipsed by his more prodigious cousin, the jackalope (they breed like rabbits, you know), the Macalope's time has come. Apple news and rumormonger extraordinaire, the Macalope provides a uniquely polymorphic approach. Disclosure.

     

    ARTICLE DISCUSSION

    Conversation powered by Livefyre

    Don't Miss
    Hot Products
    Trending on CNET

    Hot on CNET

    CNET's giving away a 3D printer

    Enter for a chance to win* the Makerbot Replicator 3D Printer and all the supplies you need to get started.