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Pastimes : Let's Get At The Truth -- Ignore unavailable to you. Want to Upgrade?

To: Lola who wrote (173)	3/8/2001 3:43:14 PM
From: MechanicalMethod	Read Replies (1) \| Respond to of 467

In settling the Securities and Exchange Commission case, Park didn't admit or deny the agency's allegations. He had previously sought to dismiss the case, arguing he wasn't an investment adviser. "This case has established ground-breaking precedent," SEC enforcement division director Richard Walker said in a prepared statement. "Those who are in the business of offering investment advice on the Internet may take on the same duties and responsibilities as other investment advisers." I believe he's saying guru's that charge for stock picks have a 'fiduciary' responsibility to the 'clients' they 'advise'. ROTFLMAO!!! -- Mechanical Method