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Not sufficient. The Sectiom 17b of the Securities and Exchange Act is clear: celebrities must disclose the types of assets AND the amount they got etc. They ke

by EGreg 4y ago

Not sufficient. The Sectiom 17b of the Securities and Exchange Act is clear: celebrities must disclose the types of assets AND the amount they got etc. They kept warning this as far back as 2017 btw: https://www.sec.gov/news/public-statement/statement-potentially-unlawful-promotion-icos https://www.sec.gov/news/public-statement/statement-potentia...

vanattab 4y ago
Wait wait? How come in all the commercials with athletes and actors they don't say how much the actor was paid then?
- hermitdev 4y ago
  The stipulations are in regards to endorsement of securities, not regular goods and services.
  - HWR_14 4y ago
    Wouldn't be a bad rule in general though. "I think Pepsi is great!" - X was paid $20 million to film this ad