4 ms·

SEC can punish stock scams.

• mattnewton 6y ago
  Ah yes, the “everything is securities fraud” loophole Matt Levine always talks about.
  • IncRnd 6y ago
    This, specifically, appears to fall into that category.
    • mattnewton 6y ago
      I’m not disagreeing. Here’s an example of the blog I was referencing. It’s interesting how the SEC acts like a catch all bucket of stopping “bad” behavior under this reading of the law. https://www.bloomberg.com/opinion/articles/2019-06-26/everything-everywhere-is-securities-fraud https://www.bloomberg.com/opinion/articles/2019-06-26/everyt...
      • IncRnd 6y ago
        Thank you.