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Non-Tech : Traditional brokers/SEC conspiracy

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To: Wiselight who wrote (51)	10/16/1999 11:24:00 PM
From: nick nelson	Read Replies (1) of 104

Is Arthur Levitt fighting this battle all alone? Where are Oxley and Gramm when retail investors (their major constituents) need them? <<SEC staff will recommend a rule that requires a company to tell the public before, or at the same time, that it notifies analysts and institutional investors of information likely to affect its stock price, the commission's general counsel Harvey Goldschmid said last week.>> bloomberg.com. Wall Street has been stealing from retail investors for the last 40 years. In the last 6 months - the SEC "just-found-out!". Good for Artie.... The pendulum must swing the other way - for the next 40 years, retail investors get the insider information FIRST - obviously an impossibility! Is the company IR going to e-mail us first? <VBG> Head-Lines "Greenspan and Summers CRASH THE MARKETS - SEC regains control - Retail Investor's LOSE AGAIN"

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