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Newly2b

02/25/10 12:48 PM

#13819 RE: cygnus_1 #13818

Don't put words in my mouth, cygnus. There is a separation of powers here. Ihub provides a venue for the exchange of ideas and uses the TOU to control the conduct of posters. The SEC has the power to ascertain if fraud and stock manipulation is occurring here and bring charges.

I think requesting IRPs to disclose was a step in the direction of curbing abuse at Ihub, but Ihub does not have the power to compel an IRP to do so. If the individual IRP does not chose to comply, his quarrel is with the SEC, not Ihub.

Just because you take the blind eye approach doesn't mean they are not complicit in the crime. Just look who is pleading guilty?

I did not see anywhere in any of the indictments where Ihub was charged as complicit in the crimes charged. The indictments noted the use of messageboards (including Ihub) to forward the criminals' agendas, but no charges have been or will be brought against said messageboards.

Newly