SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Pastimes : Investment Chat Board Lawsuits
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Bill Ulrich who wrote (3856)10/17/2002 2:45:21 AM
From: EL KABONG!!!  Read Replies (2) of 12465
 
Hi Bill,

Let's give the SEC a small break here. As we all know very well, the SEC is not a police agency, and therefore cannot bring criminal charges against these guys, no matter how egregious the allegations might be. At absolute best, they can only assess civil penalties, disgorgement and possibly ban the accused from the public markets. In those very, very few cases where the allegations merit criminal action (aka: high publicity cases or particularly vexatious individuals), the SEC can go to the DoJ and request that the DoJ bring criminal actions. Again, as we all know, not all deserving cases end up being prosecuted.

KJC
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News