Not False. Even SEC uses "Adequate Disclosure" standard in complaints. In complaints, violations of SEC 17, 17a, 17b, 10, 10-b5 get brought to bear in illegal Scalping cases, even in blatant cases(?). The complaint basis is for having failed to properly explain the fact of the Selling of the securities itself. Failing to disclose the basis for the selling is probably also in the Complaints.
A newsletter disclaimer goes to the big word that SEC even uses in filing a complaint in court. "Clandestinely" is not only a big word, but is easily visible: And seems to be the giant no-no, not the concept, "profit," a smaller word(?). Someone may want the bogus shares, if only they knew(?). There may be some intangible value or past history that someone else wants to use(?).
Somewhere, there is a story about a fellow who registered an apparently valuable expired corporation name, in California, for example.(?).
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"The Commission brings this emergency action to enjoin two. . .residents from using a website they control to tout United States microcap companies, while at the·same time clandestinely selling millions of shares of the same companies to profit from the demand they help create through their touting."
AI
