Legal question

Discussion in 'Trading' started by muz4k, Dec 6, 2010.

  1. muz4k

    muz4k

    Exactly.
     
    #11     Dec 6, 2010
  2. jokepie

    jokepie

    :D
     
    #12     Dec 6, 2010
  3. chartman

    chartman

    As far as the Feds are concerned, as long there is no 'collusion' among several traders to try and manipulate a stock price, then there is no violation to post your trades. But be forewarned that the regulatorys are vey quick to investigate small operators rather than the big organizations. It's just the nature of the beast.
     
    #13     Dec 6, 2010
  4. LEAPup

    LEAPup

    That's a fact! As a smaller RIA vs. the big firms, I am akin to a deer in the field on opening day. The big firms have the big lawyers who know how to delay, and play games. The regulators simply say screw it, and go pick on those who don't have the means to fight back. Sad...
     
    #14     Dec 6, 2010
  5. He just co-opped you and you didn't know it......

    To the OP:

    The Feds are funny. they are oriented to their being correct and you being out of line.

    It takes quite a while to straighten them out. Even then, they are not gracious about it.

    In my experience, they are not incentivized to do good work.

    One thing you will notice if and when you post your calls is that if you are above advanced beginner, the audience reaction will be negative. The criticisms you will get really do not matter. In fact, you will probably treat the criticisms as humor from those on the "outside".

    Feds are really funny, usually you have to do work arounds (which abound).
     
    #15     Dec 6, 2010