2257 dumb question...
 

I'm curious. When they start cracking down on everyone, is it soley going to be about being compliant NOW... or will they be also going after those who made alot of money and sold out and were not compliant?

ask them, they read this board i am positive of it :thumbsup

We will be cracking down on everyone , cause we like to and best of all we CAN....

I cant wait till we do our first crackdown

Yes we do everyday

:1orglaugh :1orglaugh Oh lord

If you aren't involved anymore, you don't have to keep the docs anymore, so how could they enforce on people who sold out?

I dunno that's why I'm asking. :)

Ask AlienQ, he's got all the answers.

this character could get to be pretty funny if you go about it the right way

:1orglaugh :1orglaugh :1orglaugh

Actually you must keep them for five years at the minimum. Though it is recommended you keep them at least seven.

UH OH!!!!!!!!!!!!!



I was sort of thinking that you guys were going be my best source of info for getting compliant.

LOL... Well don't look at me. I don't really have to be 100% perfectly knowledgable about this. We have a department that deals with all that. My job entails getting tons of traffic and taking care of webmasters :)

Anyway I was just curious because I think alot of people are going to be totally OUT... and I wonder how many people will still get busted for not being compliant in the past and also how long they would have to keep the docs if they try to just bail.

I would imagine people who no longer run businesses have nothing to worry about. Future owners might though.
WG

if you were the custodian of records, the law was 5 years - the proposed regs were 7.

but if you were the custodian, and stopped acting as custodian when you left, you were already in violation of the law unless you did your full 5 years already...

We have you on our list

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