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To: Don Pueblo who wrote (6230)3/26/1999 8:54:00 AM
From: The Osprey  Respond to of 9115
 
"It is true that you are not "frontrunning"; technically, frontrunning is what brokers do
when they get a big order from a client and then take a position prior to the execution of
the order. It's a Bad Thing.


Is this true?????lol Why isn't this unethical????lol....I can't believe that the people who are monitored very closely by the SEC and who in the most part shape the legislation which is followed by the SEC would practice such things.(tongue in cheek)How come we do not hear more about this practice and the resultant charges or are they too busy sitting in front of computer screens monitoring the internet threads trying to catch the BAD GUYS?

I am being facetious here and I should point out that I am glad the SEC is there but I also have to say when I see that the SEC is investigating the internet based chatter that I have to wonder who is watching the pro's or do they need watching.I have been around for a while and it is interesting to see such an effort being put in place to grab the little guys as I call them.

Just an interesting observation.

The Osprey