TGL WHAAAAAAAT! Alerts, thoughts, discussion. Message Board

STOCKTALK

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.

Microcap & Penny Stocks : TGL WHAAAAAAAT! Alerts, thoughts, discussion.

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Taki who wrote (131071)	4/14/2004 10:45:30 AM
From: StockDung	Read Replies (2) of 150070

.S.E.C. Stock Proposal Published: April 14, 2004 Bloomberg News Securities regulators proposed a ban yesterday on the issuing of stock by shell companies to employees or consultants who help generate a market for the shares. The Securities and Exchange Commission voted 5 to 0 to seek public comment on the rule, which would also require closely held companies that are trying to go public by combining with a shell company to file audited statements with the S.E.C. Regulators said they hoped the ban would deter people from using shells in schemes to inflate share prices and then sell the stock.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next