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.
Politics : Ask Michael Burke
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Knighty Tin who wrote (52703)3/20/1999 10:51:00 AM
From: accountclosed  Read Replies (1) of 132070
 
MB, where are the lines and gray areas in the area of front running? I have only in the vaguest way watched some of the SI luminaries get into hot water like Tokyo Joe/Mex, Anthony@Pacific, the Whiz Kid Daniel Miller, etc.

I know that you post your picks and say "To All, Portfolio Notes". You also tell us often that you are looking at something with "the hairy eyeball". I regard all of that as helpful and know that everyone should do their own DD. A lot of what we gather from each other as posters, hopefully, is how to think about markets and picks fit in to that. I think those that just follow someone into a position does so at their own risk.

I do understand front running to be illegal in the traditional sense. Such as a broker getting a large order and placing an order of its own in front of the client's order to take advantage of the market impact of the client's order.

But with self appointed internet gurus, where does the line come. I am not including you in this category. It seems to me clear that many people post to si because they believe (rightly or wrongly) that others will follow them into trades. Where does this run into securities laws? I feel sure that you don't know the details of the SI folks I mentioned at the top of this post. But can you comment generally?

tia
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