Psst. Have you heard? SEC on the prowl to catch rumor mongers(2)
Folks at the SEC were working overtime Sunday to get out the word that they were going to crack down on the “intentional spread of false information intended to manipulate securities prices.”
Notice the double usage of terms springing from the root word “intent” and you can imagine how hard this exercise will be. But cops of any kind can cause problems in the short run, even if the objects of their attention are law-abiding citizens and the evidence they gather never results in a conviction.
Where will the SEC rumor-patrol begin? Read the rest of this entry »
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