The SEC Just Voted To Lift The Ban On General Solicitation

Re:The SEC Just Voted To Lift The Ban On General Solicitation by sageikosa on Wednesday July 10, 2013 @04:02PM (#6022430)

> yet you hear stories about the Maddoff's of the world running 30 year schemes which very much hit 'sophisticated' investors.

Proving that the scam artists will find a way no matter what the regulations say.

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Re:The SEC Just Voted To Lift The Ban On General Solicitation by qdog on Wednesday July 10, 2013 @05:21PM (#6022925)

Regulations aren't binary. Some good, some bad, but not binary.

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Re:The SEC Just Voted To Lift The Ban On General Solicitation by lmm on Thursday July 11, 2013 @04:55AM (#6025077)

But thanks to the regulations Madoff only hit people who could afford to lose it, not those for whom who losing the money would force them onto the streets.

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Re:The SEC Just Voted To Lift The Ban On General Solicitation by sageikosa on Thursday July 11, 2013 @09:14AM (#6025800)

Thanks to the regulations, there were suckers who assumed that someone else was ensuring things were copacetic. Foxes hunt in the chicken coop if one is available, and wolves go for the sheep pen if they can find one.

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