What are the legal issues surrounding posting investment recommendations on a website?
110367
In this day in age...living in the "Sue Me" Century...I recommend not posting anything.\n\nThe riding stable has a huge "Use Facilities at Own Risk" sign.  They still got sued, and lost, because a kid got stepped on (by his own horse) and suffered a fractured foot.\n\nOh, he was washing his horse barefoot, with his Mom helping and in a swimsuit, when this occurred.
1059978
spam@uce.gov\n\nhttp://onguardonline.gov/spam.html\n\n\nSpams - Forward investment-related spam e-mails to enforcement@sec.gov.
1024
Maybe just another cool, community site where users can exchange information freely. Ultimately, they may try to recuperate costs with some sponsored links, but hopefully that won't interfere with the product and usability.
966585
Even with full identification and credit, it is technically a violation.  A quick note to the blogger for permission should clear it up and I'm sure they will be happy to share and increase their readership.
1093502
This sort of information is sensitive and is not freely available in the public domain. \n\nNot many Advisors would publish their earnings for the world to see!
1161244
this one is even bigger\n\nhttp://www.sec.gov/news/press/2006-26.htm\n\n  \nSEC Halts “Paid Autosurf” Internet Ponzi Scheme that Raised Over $50 Million from 300,000 Investors Worldwide\nFOR IMMEDIATE RELEASE\n2006-26\n\nWashington D.C., Feb.27, 2006 — The Securities and Exchange Commission today announced the filing of securities fraud charges against the operators of www.12dailypro.com, a “paid autosurf program” that in fact was a massive Ponzi scheme which raised more than $50 million from over 300,000 investors worldwide by offering a 44% return on investment in just 12 days. As a result of the SEC’s charges, the defendants, Charis Johnson, age 33, of Charlotte, N.C., and her companies, 12daily Pro and LifeClicks, LLC, ceased their solicitation of investors and agreed to a freeze of all their assets and the appointment of a receiver who will take control of the companies’ operations.\n\nAccording to the Commission’s complaint, which was filed last week in federal district court in Los Angeles, Calif., www.12dailypro.com claimed to be a paid autosurf program — a form of online advertising program that purportedly generates advertising revenue by automatically rotating advertised websites into a viewer’s Internet browser. Advertisers purportedly pay “hosts,” which in turn pay their members to view the rotated websites. The Commission’s complaint alleges that 12daily Pro’s sale of membership units constituted the fraudulent and unregistered sale of securities under the federal securities laws. The Commission also today posted to its Web site an investor alert concerning autosurf programs. The alert can be viewed at www.sec.gov/investor/pubs/autosurf.htm.\n\nRandall R. Lee, Regional Director of the Commission’s Pacific Regional Office, said, “Paid autosurf programs have become an enormous industry on the Internet. When these schemes depend on attracting new members in order to pay returns to current members, they are destined to collapse. The promise of guaranteed, double-digit returns in a matter of days should raise a red flag. We urge the public to be aware that paid memberships in these schemes may be a form of investment, and to exercise extreme caution before investing in any get rich quick scheme.”\n\nAccording to the Commission’s complaint, the 12daily Pro website, recently ranked as the 352nd most heavily trafficked website, solicited investors to become “upgraded members” by buying “units” for a “fee” of $6 per unit, with a maximum of 1,000 units. 12daily Pro promised to pay each upgraded member 12% of his or her membership fee per day for 12 days. At the end of 12 days, the member purportedly would have earned a total of 144% of his or her original membership fee, 44% of which would be profit on the membership fee. To receive the promised payment, a member purportedly must view at least 12 web pages per day during the 12 day period. The amount of returns that 12daily Pro would pay its members, however, was in fact dependent solely on the amount of each member’s investment, not on the amount of website-viewing or any other services rendered.\n\nThe Commission alleges that the defendants defrauded investors by operating 12daily Pro as almost a pure Ponzi scheme — using new investor monies to pay the promised returns to existing investors — in violation of the federal securities laws. The defendants falsely represented that upgraded members’ earnings “are financed not only [by] incoming member fees, but also with multiple income streams including advertising, and off-site investments.” In fact, at least 95% of 12daily Pro’s revenues have come from new investments in the form of membership fees from new or existing members. The other “multiple income streams” from advertising revenues or off-site investments touted by the defendants were either negligible or non-existent. In addition, undisclosed to investors, Johnson transferred more than $1.9 million in
531046
"Investors Intelligence" has been providing this service for decades, and is considered the authority on the topic.  I believe the service is subscription only, but they  do provide free samples on the web.
1039109
Don't call it a "money making plan" -- that will only make people wary.  Just describe exactly what it is ("an invention to make a bike go faster" or "an investment process that I used to triple my money in 4 days") -- be very specific and then people will want to hear more / how.
1165526
If you're a paid investment manager, you have a legal obligation to manage clients' money for their own financial interest, not yours.  You can collect fees and/or comissions according to your agreement with the clients, but if you do anything like churn their investments to generate revenue, they can sue you.  You might also get in trouble with regulators.
958291
If the site gave a number....AND if you checked that sellers feedback and it was all good, then it should be ok.   The rule is, if you call a firm and do business...you're usually safe to give your number to complete a transaction...if they call you and want a card number, no way!
392501
Very neat.  But, I don't think this is the place for posting sites that are tring to sell something.  \n\nI did not report this eventhough it is against the rules.  I just wanted you to know before someone decides to be a jerk.
479447
Sure you can.  Go ahead and continue through the payment process.  As long as you don't commit the transaction, it won't be posted.  If you run into issues, just contact customer care and they will be glad to take your info.
661439
I don't think this is the place, to look for investors. Put an add in the Wall street journal, Forbes, or the N.Y. times..You would probably have better luck there, than on Yahoo! Answers..
565376
Trying to locate someone on the net on one of these "friend" site might lead you to dead end searches and a lost of alot of moeny and time. I would look up a local private investgator (small cases like this are cheap if they require no travel) and see what they can do. That what i did, and at the end they delivred.
243999
www.bbb.com\n\nType in the URL and you can see if there are any complaints against it.
1122371
No, thanks. I'd never do business with someone who doesn't read and follow the guidelines of this site. Posting ads here violates the guidelines.
696461
sorry, that disclaimer wont absolve you of anything. its as solid as a wet paper bag.\n\nhttp://www.snopes.com/legal/privacy.htm