Why were the companies which won licences allowed to sell significant equity shortly after being given Letters of Intent (LoI) resulting in trading of spectrum, an illegal act?

为什么那些赢得牌照的公司在获得电信频率销售意向书后不久，就被充许出售大量股权？这是非法之举么？

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Among the largest underlying components of XBI, in trading today Spectrum Pharmaceuticals Inc ( NASD: SPPI) is up about 1.6%, Onyx Pharmaceuticals, Inc. ( NASD: ONXX) is trading flat, and Medivation Inc ( NASD: MDVN) is lower by about 0.1%.

FORBES: XBI, SPPI, ONXX, MDVN: ETF Outflow Alert

Among the largest underlying components of XBI, in trading today Spectrum Pharmaceuticals Inc ( NASD: SPPI) is up about 0.8%, ARIAD Pharmaceuticals, Inc. ( NASD: ARIA) is up about 0.5%, and Medivation Inc ( NASD: MDVN) is up by about 3.7%.

FORBES: XBI, SPPI, ARIA, MDVN: ETF Inflow Alert

Among the largest underlying components of XBI, in trading today Spectrum Pharmaceuticals Inc ( NASD: SPPI) is down about 1.9%, Onyx Pharmaceuticals, Inc. ( NASD: ONXX) is off about 1.2%, and Biogen Idec Inc ( NASD: BIIB) is lower by about 1.9%.

FORBES: XBI, SPPI, ONXX, BIIB: ETF Inflow Alert