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To: accountclosed who wrote (44746)6/2/1999 8:15:00 PM
From: TheStockFairy  Read Replies (1) | Respond to of 86076
 
Why cOUSIN SHORTY?



To: accountclosed who wrote (44746)6/2/1999 11:54:00 PM
From: TheStockFairy  Respond to of 86076
 
Answered my own question.....

<<<<<Although the letter from the SEC did not amount to a ruling, the agency nevertheless is keeping a close eye on such practices in its campaign to police financial-related fraud over the Internet. During a speech in Washington D.C. on Monday evening, SEC Enforcement Division Director Richard Walker said the agency will issue formal rules on stock giveaways soon.

"These giveaways are illegal more often than not, if only because they amount to an unregistered sale of securities," Walker said. "You can expect to hear more from us on this topic soon.">>>>

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