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Microcap & Penny Stocks : Naked Shorting-Hedge Fund & Market Maker manipulation? -- Ignore unavailable to you. Want to Upgrade?


To: rrufff who wrote (4096)12/21/2008 8:32:40 AM
From: rrufff2 Recommendations  Read Replies (1) | Respond to of 5034
 
In terms of the actual decision, the defendants argued that the venue was improper. In essence, the court decided that in today's world, electronic trading and information dissemination, makes many parts of the country appropriate for prosecution. The court talks about market makers, site members, companies being located in the East with reference to cited statute

This statute has particular applicability where, as here, the use of modern communications facilities to execute a sophisticated criminal scheme inherently contemplates activities throughout many parts of the country.