Qualcomm Incorporated (QCOM) 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.

Technology Stocks : Qualcomm Incorporated (QCOM)

QCOM 165.07

-1.0%

Nov 18 3:59 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: JGoren who wrote (145441)	10/4/2006 5:58:32 PM
From: Art Bechhoefer	Read Replies (1) of 152472

JGoren--Regarding what the SEC can do, I have seen no rules or statutes that would permit prosecution of journalists or non-broker firms for publishing misleading information. The first amendment protects these guys, no matter how bad they are. But New York State has a statute that is part of its General Business Law, which permits prosecution of those who attempt to manipulate the price of securities. New York also has the Martin Act, which allows the state attorney general to prosecute those involved in the financial markets for misleading statements. This statute has been used, somewhat successfully, by the present New York Attorney General Spitzer, who is now running for Governor. Art

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next