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Pastimes : Investment Chat Board Lawsuits

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To: John Lacelle who wrote (1489)5/3/2001 10:24:19 PM
From: zonkie   of 12465
 
I am all for the SEC and I stand behind them in their actions. It's a shame they are so understaffed that a lot of the cases you see brought are from things people did 4 or 5 years ago. Bush cut their budget this year so things aren't going to get any better. In the survey I mentioned to them that they should petition congress for the right to bring criminal charges against fraudsters. A lot of the cases they do have that could be prosecuted are turned over to the dept of justice and nothing is ever done.
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