InvestorsHub Logo
Followers 1
Posts 60
Boards Moderated 0
Alias Born 02/13/2011

Re: None

Friday, 03/04/2011 4:36:19 AM

Friday, March 04, 2011 4:36:19 AM

Post# of 34471
If $Ccme management tried a reverse sting by giving out false information isnt that illegal and against sec rules and at best unethical?

My question is if ccme management was involved in a reverse sting operation, and they knowingly gave out false information to a customer, thinking they were Muddywaters or another research firm isnt that illegal. How would they have known it was muddy waters and not a legitimate firm? If it was a ethical firm, it would have acted on that info, gone to the sec or nasd. And this would be legitimate information since a ccme rep gave it to them. And ccme management was involved. Why would a legitimate managment get involved in this type of situation. They knowingly gave out false information or at worst misleading to a customer, because how could they have comfirmed that it was MW and not a legitmate customer. And if they were an ethical managment they would have gone to the authorities like sec or nasd to complain. Was this the only case where they gave out misleading information? Did they gave out misleading information to other customers thinking they were short researchers? If this doesnt bring in the sec/nasd/deloitte to investigate this whole situation. People have to admit this isnt stuff that ethical and upstanding corporations act, if they thought a customer was mw or not a real customer they would have closed it out, or gone to the authorities.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.