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Pastimes : Investment Chat Board Lawsuits -- Ignore unavailable to you. Want to Upgrade?


To: Bill Ulrich who wrote (6179)7/10/2004 7:52:06 AM
From: Mr. Jens Tingleff  Respond to of 12465
 
quantity of violations ctr quality of regulation/suits

That's where the imbalance is IMO.

On the one hand..

The way the trading have developed - the quantity of trades at all - The internet information flow - The increased number in individual investors.
The way the big ones (brokers/analysts/capital forces) tricks have been copied and "refined" in the otc world.

and

On the other hand..

The growth in regulatory force.

That is what create this huge "black hole" that swallow individual investors money, and destroy attitude and integrity on staying within legal limits.

IMO The whole market is at risk and there are no political "balls" to mend it, to make a whole new set of rules. They are mostly "bought" some way or another - Those who aren't have too many other agendas to care about.

For obvious reasons regulatory forces have to comply to their limits and the crooks have a ball.

IT SUCKS - but - IT ALSO MAKES THE NEDD FOR KEEPING SPIRITS AROUND FREE SPEECH HIGH. - The investment related SLAPP suits per se is an indicator for that.

If there was ever a single good businessman that got caught in the net of vigilante scambusters and bashers on the discussion boards, then he/she is simply an acceptable casualty in a war that must proceed.

JMO

Kr
Jens



To: Bill Ulrich who wrote (6179)7/10/2004 10:09:22 AM
From: Mighty_Mezz  Read Replies (1) | Respond to of 12465
 
I agree, we should have real market cops. Other federal regulatory agencies don't have to go through all the rigamarole of a civil lawsuit to punish violators. The FDA, FCC, EPA, et al have the authority to slap fines on violators.