why is the SEC allowing CNBC to own an ECN? Message Board

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Non-Tech : why is the SEC allowing CNBC to own an ECN?

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To: Tim Luke who wrote ()	9/17/1999 11:54:00 PM
From: Lola	of 4

If CNBC wants to own an ECN that's their business but they should not be allowed to talk about it on the air and therefore do a pump and dump every friggin' minute of the trading day. Every time they mention a stock that anyone related to CNBC owns, they should state the fact that they own the stock so people will know their comments are probably biased. You can't prevent a big company like CNBC from taking ownership in at least some public companies but you should be able to prevent them from pumping their own stocks. That is definitely a conflict of interest. Every time they mention the name of the ECN the SEC should smack them. Lola:)

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