3 ms·
He clearly violated his professional obligations, but congress doesn’t prosecute anyone, Massachusetts will if anyone does.
by valuearb 6y ago
He clearly violated his professional obligations, but congress doesn’t prosecute anyone, Massachusetts will if anyone does.
- dagmx 6y agoYes, personally I think he's in for some trouble with MA, but I was speaking to the congressional hearings which, like you said, aren't a prosecution. I do think he purposefully downplayed his financial history in an aim to drive up hype, and as you stated, violated his professional obligations. At best, he walked a very thin line which will be scrutinized. At worst he broke the law and will face charges, and WSB will add a new chapter to their lore either way.
- paul_f 6y agowhat professional obligations specifically?
- valuearb 6y agoHe’s a licensed broker carrying five license, working for a licensed brokerage. They aren’t allowed to make public investment recommendations.