Quote:
Originally Posted by Azoy?
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  |
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.