Legendary Lars breaking federal and local state laws
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yeah, you really dont know what you are talking about on this one.
i write for AOLs finance page... you are allowed to write about anything you want, you just have to disclose if you own the stock or not, as many people have already pointed outComment
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somone should start a thread so people can post where they find AFF ads on illegal sites so Lars can take care of them.
What do you think Lars good idea?

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Regardless of how you interpret Lars' actions...
I'm not aware of any "local state laws" that deal with stock trades.
I'm pretty sure this is in the sole jurisdiction of the FTC.
So, unless I'm mistaken, that kinda shows right off that you really have no idea of what you speak, ya know...-D.
ICQ: 202-96-31Comment
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Quick..hit the edit button and change FTC to SECRegardless of how you interpret Lars' actions...
I'm not aware of any "local state laws" that deal with stock trades.
I'm pretty sure this is in the sole jurisdiction of the FTC.
So, unless I'm mistaken, that kinda shows right off that you really have no idea of what you speak, ya know...Comment
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Its true... He didnt know who I was up until I was his roommate...Then he still didnt quite know who or what i did until PHX....
board names and remarks obviously dont go into Baddogs 'lockbox'
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Giving advice in an official capacity like a broker is one thing (and I'm quite sure most of them have some sort of clause in their broker-client agreements that at least protect them to a degree), but some non-broker posting his OPINION on a public message board about stocks and investing isn't the same at all.I used to be a stockbroker and worked at one of the large canadian firms - and stockbrokers do get sued left right and centre.
There is more continuing education requirements related to legal issues / ethics than any other component in being a broker. It's not so bad in a bull market, but back in 2000 /2001 (when i was working) almost every single broker had pending litigation - either personally or through the branch / firm.
In fact it's not even close.
The original poster in this thread is clueless if he thinks people shouldn't be allowed to post their opinions, about investing or anything else. If someone chooses to act on that advice or opinion and loses money it's their own fault.Promote Wildmatch, ImLive, Sexier.com, and more!!

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actually asshole you have no idea what you are talking about as the FTC which is the federal trade commission doesn't deal with issues like this. What you are probably thinking of is the SEC which is the Securities Trading Commission.Regardless of how you interpret Lars' actions...
I'm not aware of any "local state laws" that deal with stock trades.
I'm pretty sure this is in the sole jurisdiction of the FTC.
So, unless I'm mistaken, that kinda shows right off that you really have no idea of what you speak, ya know...
and yes each state also monitor's securities regulation which is why investment advisors have to take state exams as well as the federal exams.
OWNED

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You're right, it's not close - my original point was only that in the US someone can sue you for just about anything if they have the right mix of motivation and money.Giving advice in an official capacity like a broker is one thing (and I'm quite sure most of them have some sort of clause in their broker-client agreements that at least protect them to a degree), but some non-broker posting his OPINION on a public message board about stocks and investing isn't the same at all.
In fact it's not even close.
The original poster in this thread is clueless if he thinks people shouldn't be allowed to post their opinions, about investing or anything else. If someone chooses to act on that advice or opinion and loses money it's their own fault.I died.Comment
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Ahh, you're right on the State Thing... didn't really think much of researching the topic earlier, but now I see you're right. I'm not much of a financial guy... hence why I never said my word on the subject was golden.... in fact, I inferred the opposite throughout my post.actually asshole you have no idea what you are talking about as the FTC which is the federal trade commission doesn't deal with issues like this. What you are probably thinking of is the SEC which is the Securities Trading Commission.
and yes each state also monitor's securities regulation which is why investment advisors have to take state exams as well as the federal exams.
OWNED
As far as the FTC/SEC thing goes...
First off, read the rest of the thread's posts, smart guy.
Secondly I don't have time to prepare an essay on the thing, but, needless to say, the FTC was founded two decades before the SEC was (which wasn't brought about until after the Great Depression), and, technically, their jurisdictions overlap in the area of your claims. Read their charters.
"OWNED"? Ya... I got 'grown up' things to do now. Have a nice day.-D.
ICQ: 202-96-31Comment
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Technically you have no idea what you are talking about cause it's the SEC that brings up changes against people when they commit stock fraud not the FTC.Ahh, you're right on the State Thing... didn't really think much of researching the topic earlier, but now I see you're right. I'm not much of a financial guy... hence why I never said my word on the subject was golden.... in fact, I inferred the opposite throughout my post.
As far as the FTC/SEC thing goes...
First off, read the rest of the thread's posts, smart guy.
Secondly I don't have time to prepare an essay on the thing, but, needless to say, the FTC was founded two decades before the SEC was (which wasn't brought about until after the Great Depression), and, technically, their jurisdictions overlap in the area of your claims. Read their charters.
"OWNED"? Ya... I got 'grown up' things to do now. Have a nice day.
That being the case, technically you are stupid for trying to look smart.
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People who need to jump off a cliff 101.Legendary Lars Stocks and him putting up information about stocks as well as what can be seen as investment advice is illigela unless he is registered as a signed investment adviser.
What he wrote as "I feel that the brand is under priced and I know that many people are interested in buying this company it will eventually get taken out or taken public. There is too much money floating around for it not to be."
This can be seen by the SEC as well as local state investment regulators as investment advice.
At one point he even goes to say "Now I just need to get PLA rocking , I have a feeling we will see 14 before we see 9" and
"Ok people here is my next fun time I am accumulating PRVT at 2 bucks anyway I think this is similar to playboy has been beaten down upside 4 bucks dowside 1.50"
this thread ---> http://www.gfy.com/showthread.php?t=719266
Should actually be taken down.
Then again I guess there is no money in AFF anymore as memberships went down due to Zango not stealing traffic for them so he's become a stock pusher.Comment
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ICQ: 86364801 Email: will [at] innovativeassets [dot] com
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it's funny how fast they forgot will76
a week ago they were all sticking it to Lars for using Zango now they all love him.
this is the guy who works for a company and is a partial owner of the same company that stole traffic from these affiliates using Zango
i guess they are all sending traffic again to AFF these days as they are all talk and forgot fast.h
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yes i leave for a week and most people forgive and forget. Some people need to be reminded each and ever day of who the bad people are. If someone doesn't remind them the bros will hypnotize them with free drinks and contest.ICQ: 86364801 Email: will [at] innovativeassets [dot] com
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