Here's another case that is irrelevant to GUMM. It was on the same page as the note you posted about Schneider.
Donaldson, Lufkin & Jenrette Securities Corp. (CRD #7560, Jersey City, New Jersey) submitted a Letter of Acceptance, Waiver, and Consent in which the firm was censured and fined $10,000. Without admitting or denying the allegations, the firm consented to the described sanctions and to the entry of findings that it engaged in a pattern or practice of late trade reporting in that it failed to report to the Fixed Income Pricing System (FIPS) transactions in FIPS securities within five minutes after execution. (NASD Case #CMS000196)
Like I said before Floyd, nearly every market maker has been fined by the NASD. Look around and you'll find that GSCO, MLCO, PRUS, etc have also been fined recently. The fine against Schneider has no relevance to GUMM. Should one avoid buying any stock that DLJ trades? Considering the usefulness of your research, it would appear that your time isn't worth much.
Oh, and Auric. Libel per se is very easy to prove. You claim fraud. You can't prove fraud. You are guilty of libel per se. It's that simple. I'm sure someone like you with recent legal problems has an attorney handy. Why don't you ask him. BTW, did you figure out how to turn your calculator on yet? |
