Replies to post #11701 on Netco Investments, Inc (fka NCVT)

[mAjOr dAmAgE]

Now now, there's no requirement that they do that. Nor are they prohibited from appointing a layperson from being the power of attorney on an account.

Finally, the CFTC and the SEC lost several cases where they tried to regulate unregistered persons from publishing investment newsletters with picks.

Now the SEC concedes that they legally can't stop anyone from giving you investment advice:


http://www.sec.gov/investor/pubs/cyberfraud/newsletter.htm

I guess what would be required if we make a recommendation is to disclose our interest.