unless I'm reading this incorrectly. It would seem if the SEC were investigating a company. Being prior to issuing a Well notice or any other action. If an event (R/S) were coming up that they felt would adversely affect the shareholders. That it may expedite the SEC to take action if they felt action needed to be taken. 

Now one the big Q. Is there anything where action needs to be taken? 

Penny, feel free to put in your 2 cents