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Re: lucky, mydog post# 79512

Wednesday, 03/13/2013 2:55:14 PM

Wednesday, March 13, 2013 2:55:14 PM

Post# of 111705
The definition of Illegal and a little info. about securities violations:

From:

http://www.google.com/search?client=safari&rls=en&q=define+illegal&ie=UTF-8&oe=UTF-8

As follows:

il·le·gal
/i'leg?l/
Adjective
Contrary to or forbidden by law, esp. criminal law: "illegal drugs".
Noun
An illegal immigrant.
Synonyms
unlawful - illicit - illegitimate - lawless - wrongful

From:

http://www.law.cornell.edu/wex/securities_exchange_act_of_1934

As follows:

When federal securities laws are violated by market participants, the SEC can bring a civil enforcement action and can also bring criminal actions for some violations.
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