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Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony, -- Ignore unavailable to you. Want to Upgrade?

To: Mama Bear who wrote (1071)	12/18/1998 4:55:00 PM
From: justaninvestor	Respond to of 122087

My opinion is that if you are a broker, it is illegal to come on a thread and tout a stock without disclosing the fact that you are a broker. I think an analogy would be if a realtor is interested in buying your house, then the realtor must disclose the fact that he/she is in the business. But if I tell you that I think a certain stock is going to the moon, I'm quite certain that I can't be held liable - assuming that I'm not a broker.

To: Mama Bear who wrote (1071)	12/18/1998 8:21:00 PM
From: rogermci®	Read Replies (2) \| Respond to of 122087

Barb....I am what they call an unregistered Investment Advisor because I have fewer than 15 clients. However, in no way can I hold myself out to the public as an investment advisor, money manager, financial planner etc. I went through all of this 8 years ago and don't remember specifics, but it is covered by a 1940 Securities Act which defines what an investment advisor is. From what I've seen of our friend, he is clearly in violation of the law. Now you can argue definition of investment advisor and whether he is bound by this Act, but the front running he does is definitely a no no even if he discloses such. And I'm talking specifically about his buying a $3 number at 9:30, EMailing it to members at 10:00 and than blabbing publicly on the net at 10:30 in the meantime selling and lining his pockets. Turned $22,000 into $1.2 million in one year. Impossible unless your scamming. roger