I have no interest in debating this issue as it is irrelevant given that StockStalker is not a signal generating program. However, for the record I've been told by both the securities commission as well as a lawyer who verified my compliance that I could be held liable for losses incurred by users if it could be proven that data was presented which could be interpreted as specific stock picks. Follow-ups on this topic should be made in a new thread oriented to this legal issue where facts could be presented.
your supposed lawyer and the person you spoke to at the securities commission are clearly wrong. you are the one making the inaccurate statements . by the way, what exactly is "institutional grade" surfer
-------------------------------------------------------------------------------- Quote from David Kwinter: It is in fact entirely illegal for anyone who is not a certified financial advisor to offer specific stock picks. -------------------------------------------------------------------------------- Marketsurfer is right. However in some countries I think it 's different, in the UK even a journalist who writes about the market has to be authorised by the FSA. But I wonder why mere customer service reps at my local bank can offer me to invest in the bank's FTSE indexfund ?!!Well it's the UK you can't have a gun, can't have pepper spray only hooligans can have a knife to stab you. OK i digress where are you based David ? Europe right?
i am speaking totally about the USA. i have no clue about other countries. my apologies, if david is speaking about non-USA law. best, surfer
One of StockStalker's beta testers is an institutional trader (trades OPM) and continues to use the program on a daily basis.
All data is included (the daily download is approx. 2 megs - highly compressed). Please give it a try, I'd value your feedback.