Friday, August 15, 2014 7:14:37 PM
My most recent Comment Letter submitted to the SEC on August 13th discusses some astonishing evidence that nine members of the U.S. Senate have made a provably-false accusation of fraudulent securities sales against a broker-dealer located in California.
The broker-dealer in fact was a victim of somebody else's criminal scheme, not a perpetrator of one, but despite being harmed by the scheme the broker-dealer agreed to reimburse $3.9 million anyway to people who were tricked into buying the securities.
Their reward for doing the right thing and protecting investors is apparently being falsely-accused of wrongdoing by Senators. See:
http://www.sec.gov/comments/s7-11-13/s71113-124.pdf
The false accusation from the nine Senators can be found here:
http://www.sec.gov/comments/s7-11-13/s71113-123.pdf
Also noteworthy, 26 members of the House of Representatives sent a
letter to the SEC urging that the final rules for JOBS Act public
offerings be published by the SEC without further delay. See:
http://polis.house.gov/uploadedfiles/8_8_14_crowdfundingletter.pdf
It is truly amazing, and it represents a very important long-term business opportunity for Homeland Forensics, that people from every part of society recklessly engage in class warfare politics and spread fear or false rumors of wrongdoing just to poison the lawful relationships that people try to have with each other. In my opinion, the Internet and social media represent a fundamental barrier to the continuation of such tactics of control and abuse.
As equity crowdfunding becomes legal nationwide, and indeed globally, the ability to form new relationships and to speak publicly while engaging in creative commerce will change literally everything that happens in civilization.
I believe strongly that this change will be positive, not negative, and that it will open society to the enormous prosperity that talented, honest, free and inclusive people tend to create with each other in the absence of fraud, abuse or corruption.
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