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Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony, -- Ignore unavailable to you. Want to Upgrade?

To: Patchie who wrote (100364)	9/10/2007 10:27:03 AM
From: StockDung	Read Replies (1) \| Respond to of 122089

"The only compensation I have ever received was to initaite FOIA requests for the lawyers and got reimbursed for the costs." Thanks for coming clean Dave. You should have been disclosing this in your articles. from Gayle Essary Investrend rag: The U.S. Securities and Exchange Commission Regulation 17(b) states: “It shall be unlawful for any person, by the use of any means or instruments of transportation or communication in interstate commerce or by the use of the mails, to publish, give publicity to, or circulate any notice, circular, advertisement, newspaper, article, letter, investment service, or communication which, though not purporting to offer a security for sale, describes such security for a consideration received or to be received, directly or indirectly, from an issuer, underwriter, or dealer, without fully disclosing the receipt, whether past or prospective, of such consideration and the amount thereof.” The SEC has told FinancialWire that this regulation means full and complete compensation for research and any other services provided, including amounts and sources, must be disclosed in “every press release” as well as other published documents. The SEC states that third party compensations must include the relationship of the payer to the issuer. In an email to FinancialWire as recently as January 5, 2004, John J. Nester, a spokesperson for the U.S. Securities and Exchange Commission confirmed that regulators interpret 17(b) to mean that specific compensation information must be contained in press releases, and that a link to a disclosure somewhere else, for example, is a violation of the regulation. He further stated that the compensation disclosure required by the SEC includes “amounts and sources in any press release mentioning the company under research coverage.” The SEC had previously told FinancialWire that it intends to enforce these provisions so that investors may have a fully transparent understanding of any potential agenda or lack thereof. investrend.com