MANIPULATION IS RAMPANT --- Can We Stop It? Message Board

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Pastimes : MANIPULATION IS RAMPANT --- Can We Stop It?

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To: CountofMoneyCristo who wrote (91)	5/11/2002 7:49:46 PM
From: LPS5	Read Replies (1) of 589

in what you term to be "isolated violations." Where did I use the term "isolated violations"? Nowhere. ...between the curiously and regularly wide spreads... LOL!!! What size spread is "too wide"? SEC should have gone after the real culprits! ROFL - you're the quintessential piker. I didn't say there weren't culprits among the market making firms, in fact - in the quote you yourself reposted, I said that there were violations, just not street-wide and certainly not conspiratorial. Instead, I believe that there were (and still are) other, more prominent (not to mention verifiable) risks to investors in 1996: specifically, four or five major retail brokerage chop shops in operation which in some cases continued to defraud individuals for years before finally being shut down. LP.

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