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Posted On: 08/25/2018 11:32:39 AM
Post# of 32803
You hit the nail on the head, my friend. These bashers could be criminally charged IAW the below Securities Act of 1933.
Section 17(b) of the Securities Act of 1933 was written to stop that:
It shall be unlawful for any person. . . . to publish, give publicity to, or circulate any notice, circular, advertisement, newspaper, article, letter, investment service, or communication which, though not purporting to offer a security for sale, describes such security for a consideration received or to be received, directly or indirectly, from an issuer, underwriter, or dealer, without fully disclosing the receipt, whether past or prospective, of such consideration and the amount thereof.
Section 17(b) of the Securities Act of 1933 was written to stop that:
It shall be unlawful for any person. . . . to publish, give publicity to, or circulate any notice, circular, advertisement, newspaper, article, letter, investment service, or communication which, though not purporting to offer a security for sale, describes such security for a consideration received or to be received, directly or indirectly, from an issuer, underwriter, or dealer, without fully disclosing the receipt, whether past or prospective, of such consideration and the amount thereof.
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