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To: GVTucker who wrote (110330)9/19/2000 3:36:48 PM
From: Bob Kim  Read Replies (1) | Respond to of 186894
 
GVTucker, Fiduciary duty isn't a necessary factor. There are public communications regulations. Most brokerages protect themselves behind hedge clauses, but even the regs say that those don't offer protection from anti-fraud provisions.



To: GVTucker who wrote (110330)9/19/2000 3:43:39 PM
From: The Duke of URLĀ©  Respond to of 186894
 
Duke, RE: I think that once information IS disclosed then 17B comes into play and the duty to disclose hidden motives, if any.

There is no duty, nor should there be.

I'm sorry if I we miscommunicated.

There IS a duty not to intentionally attempt to manipulate the price of any stock using untrue information for any hidden purpose resulting in attempted gain and that duty is owed to all who own that stock and to all who are potential purchasers of that stock.