BTW WILLY. WHO IS THE THIRD PARTY THAT PAID YOU FOR THAT ADVERTISEMENT?
The U.S. Securities and Exchange Commission Regulation 17(b) states:
?It shall be unlawful for any person, by the use of any means or instruments of transportation or communication in interstate commerce or by the use of the mails, to publish, give publicity to, or circulate any notice, circular, advertisement, newspaper, article, letter, investment service, or communication which, though not purporting to offer a security for sale, describes such security for a consideration received or to be received, directly or indirectly, from an issuer, underwriter, or dealer, without fully disclosing the receipt, whether past or prospective, of such consideration and the amount thereof.?
The SEC has told FinancialWire that this regulation means full and complete compensation for research and any other services provided, including amounts and sources, must be disclosed in ?every press release? as well as other published documents. The SEC states that third party compensations must include the relationship of the payer to the issuer.
investrend.com |
