Telynx (fka TLYN)

[mbobok]

Of course, but the issue was whether or not FinancialWire paid IBD to print their article. Personally I doubt it. This "Stockgate" story has been mostly on the fringes of finance news. With IBD printing it, I'm just curious as to possible results. Just wondering on my end.

Mostly my interest is in how this letter revelation could conceivably affect the various "stock gate" lawsuits. From the article:

That's why it was surprising among some observers to find a comment letter submitted to the U.S. Securities and Exchange Commission by Mike Alexander, Senior VP of Charles Schwab, that admits outright that brokerages regularly ignore rules and regulations, saying it is not rules that need to be written; it is changes in behavior that is needed.

A possible smoking gun you think? :-/