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Pastimes : Criminal Internet Stock Promoters Speak Out! -- Ignore unavailable to you. Want to Upgrade?

To: Fredman who wrote (36)	10/29/1998 6:00:00 PM
From: Just My Opinion	Read Replies (1) \| Respond to of 189

Fred: I am not an attorney, but I read somewhere that the SEC has no jurisdiction or maybe it's just any way of enforcement, on non-US citizens outside of the US. On US citizens they do anywhere, because they are breaking US laws, and are citizens. I think that Non-citizens are only in trouble if they break the law on US soil. This is how I understand the company part of the equation: Companies can sue people anywhere, and since the internet is world wide, in theory you could sue people in every country that a false and misleading post was available to be read. I understand that libel is better to sue in Canada than in the US because, (I may be wrong, here) the onus is on the guy that's being sued for liable to prove he didn't make the liable, where in the States, you have to prove that he did make the liable. It's all really a pain in the ass unless you have enough money to just break whoever you are suing with court costs. Then you win either way. Ha!