<site the SEC regulation you think applies.>
Good question, as these ARE serious allegations she has made against me (and a few others). She needs to answer with the specific statutes involved too, not just more hot air. For instance, I wonder if the SEC has rules about US citizens coming on these lines, and telling participants that they feel a stock is a buy? And, what exactly is "cheerleading" under the statute. She mentions that one a lot. I wonder how the "cheerleading violation" is defined. And how does it constitute a securities violation? She mentioned the aspect of "both sides of the borders". Can see cite specific statutes relating to on line chat line participants discussion of stocks from another country, and what is actionable?
How do securities laws define, "pump and dump". Cite the "pump and dump" reg, GT. If someone happens to mention the name of a company at some point, would that constitute the "pump" part under the reg? Or does the "pump" part only kick in when a person says he "likes" the company's prospects? Or only when he says he "really, really likes" them? Then once he crosses that line, do the laws then require that he file a full disclosure on line if he elected to sell it at some point for a profit? Would there be a holding period then under the law, so as to avoid the "treble" damages she warned about?
Specifically I wonder if GT can site the "act like a stockbroker" statute? Does that mean an individual who in a former half life was a stockbroker, is not permitted to make comments on stocks at forums, or as she says, "is subjected to a different standard"? Do you have some case law about that one? Please cite it. Or how about someone who just did some homework, and shared material on line? Would that violate the "act like an analyst" statute? Under a regulatory investigation of "act like a" violations, would a person need to receive direct compensation? Would he have to state that he IS a stockbroker and solicit business in some way, even if he is not? She mentions big "ego" as being a major red flag for the "act like a" violations. Does the statute define that (puffy ego, strutting ego, cocky ego or just inflated?), so as to give regulators guidance on what to look for? Finally she mentioned posters that had a "following", or a "flock" as she called it, and accused me have having one. How is that defined, and once defined what is it's purpose under the law. |
