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Strategies & Market Trends : The Covered Calls for Dummies Thread

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To: Uncle Frank who wrote (3326)	1/24/2002 12:53:22 PM
From: alanballow	Read Replies (1) of 5205

I concur with your idea, I was just picking nits. I don't know of any cases of newsletters or gurus being regulated or prosecuted by anybody (hmmm..... might be a good biz to get into). looking at sec.gov the closest thing I find to gurus are investment advisors. "Congress passed the Securities Act of 1933 and the Securities Exchange Act of 1934. These laws were designed to restore investor confidence in our capital markets by providing more structure and government oversight. The main purposes of these laws can be reduced to two common-sense notions: Companies publicly offering securities for investment dollars must tell the public the truth about their businesses, the securities they are selling, and the risks involved in investing. People who sell and trade securities – brokers, dealers, and exchanges – must treat investors fairly and honestly, putting investors' interests first. " Ever wonder why selling advice seems to be more lucrative than using it for oneself?

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