SEC Charges Non Biased Board

[Mr. Bill]

The only reason the FBI is even involved is due to all the negative publicity due to Bernie Madoff.

Had it not been for that it would have been business as usual.

Instead of quietly protecting itself once the news has hit at the WSJ why not act and show you have the public interest in mind? Maybe because you dont?

Simply given the allegation from the FBI and the publicity of the WSJ article that is enough to suspend those involved while the investigation proceeds.

If the FBI were investigating a cop what would happen? Why any different for a SEC lawyer?

[dav1234]

actually i feel that is an exact parallel to ihub.

SEC should bring charges against their own.
ADVFN should request that Matt recuse himself pending investigation

[DanBB]

It's true an agency will often quietly protect itself from embarrassment. But in the SEC case.. the FBI is involved and will not let another agency off.

[dav1234]

cool, imo if the market in general continues its recent gains the SEC may back off on many of these smaller cases , but if the market schenanegans(madoff,stanford etc ) continue,the gov't is gonna need to nail a few to the cross.

[Mr. Bill]

Yes an investigation which will never end - wink wink

Why do the same rules which apply to civilians not apply to themselves?

Given the evidence why did the SEC not bring changes against their own?

[J.C.N.]

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=38144898

[DanBB]

They were under investigation.. they were not under an indictment.

[Mr. Bill]

That's how the SEC does it with their own people!

Who cares if the two lawyers are being investigated by the FBI - keep doing your thing - no suspension - nothing

[Mr. Bill]

Has anyone read the article in the WSJ a week back where FBI agents were investigating 2 SEC lawyers for suspicious trading activities in advance of actions taken against companies and the like. I do not have a link and only read it in the paper version of the paper while siting in the Sauna. These folks were meeting weekly for lunch.

I guess the point is:

a) They both had their jobs and were not suspended or temporarily relieved of duty while under investigation
b) No charges were brought against them - they were just being investigated - LMAO - and I guess that is the concern - they will be investigated forever and charges will NEVER be forthcoming - unlike in the civilian world. The SEC is rampant with double standards and selective enforcement - HENCE THEY HAVE NO CREDIBILITY

Certainly having been shown they had made a lot of money trading stocks they knew were under investigation (info in many cases not known to the public at the time) the public is owed QUICK BRUTAL ACTION - Immediate Suspension while they were being investigated.

Followup with SEC actions taken against them- the MOST SEVERE actions possible for any crimes alleged against them.

Felony CRIMINAL actions taken against them- again with the MOST SEVERE penalty allowed by law.
IF REGULATORS ARE FOUND TO HAVE VIOLATED THE PUBLIC'S TRUST THE ONLY WAY FOR IT TO BE REDEEMED IS BY THE MAXIMUM PENALTY BY LAW - WITH NO EARLY RELEASE OR REDUCTION IN SENTENCE.

[Zardiw]

It's the INNOCENT until proven Guilty...board. At least posts won't be getting deleted here........z

[asus]

They're just desperate to retain some semblance of control over on the other board. I had 3 posts removed and don't really care, they were just comments that didn't add much..

[Zardiw]

Yeah....I was amazed when I looked at my deleted posts...lol..Even on topic stuff was being deleted....That's why I started this board....z

[Zardiw]

That's the point of this board........et z

[dav1234]

good ,then we can all be objective. eom

[Zardiw]

That's cause they want to cover their asses. I admire the courage of Clem and ADVFN.........z

[Zardiw]

No. I have no business affiliation with them whatsoever..et z

[DanBB]

I'm not passing judgement on him. I don't know if he is innocent or guilty. But he's been charged with serious crimes that directly relate to his job. Companies relieve an employee of their duties when such an event occurs.

[dav1234]

just have to ask, do you have/had any involvement with matt, evo & co. promoting any stock/website.

no disrespect but i see IRP icon (the yellow triangle) and the thought would occur to many.

tia

dave

[Zardiw]

I don't remember Matt ever pumping ONE stock.....et z

[Zardiw]

Remember that guy that gave them (SEC) Madoff on a silver platter and they ignored him.

And then the Senate hearing was a total joke. They let all the SEC guys slide......and the funniest thing was some of the members of the committee barking at them....but no bite. They should have held them all in contempt of Congress for not spilling the beans.........but they hid behind that prosecution bullshit.......even on questions that were unrelated......z

[dav1234]

is this the matt is innocent board ?

[DanBB]

Yes.. if he was alleged to have robbed a 7-11 then I would agree with you. But these allegations are directly tied to his use of IHUB which I interpret to be in an administrative capacity.

[Durkkdiggler]

I answered your posts Z. Your posts have to fit the aura of the board or it gets deleted. Freedom of speech is not allowed on that board.

[Zardiw]

Yup...amazing thing...check out the videos....et z

[frankie_fillet]

i like the beehive...

real

[Zardiw]

I find it commendable that they are standing by him....just cause some funky agency is suing him has NOTHING to do with his admin of this site........z

[DanBB]

Not bashing.. but debate on how ADVFN should handle an employee with such a serious allegation.

Thanks for the board Z!

[FLORIDAGRL]

Hey Z, Nice board set up here. BM'ed.

[asus]

SEC gotcha already?

[Zardiw]

Seems like there is a lot of Matt/ADVN bashing going on. Let us not forget that everyone is INNOCENT until proven guilty.....and there's quite a few INNOCENT people getting convicted also.

On the other board, any post that's not in favor of hanging Matt is being deleted.

Here you can speak your mind without that happening.........z