|
PureBytes Links
Trading Reference Links
|
problem is with the word "compensated." if i post recommendations on a
website that's provided to me free, is that compensation? i'll bet you
that the cftc would take that position under its proposed more
restrictive regulations. and that opens up another can of worms.
government regulation does not guarantee competency in ANY
field....period. i'm not sure that it even lessens risks or prevents
potential harm to the consumer. but word of mouth is the best deterrent
against the scammers and incompetent, not more government regulation.
an educated public is the best first line of defense in the prevention
of fraud and purveyors of false hopes and dreams.
TJ
as always, let the buyer beware
--- Carroll Slemaker wrote:
> Note that Phil limited his recommendation to those being COMPENSATED
> for
> their "advice" and that would exclude forums and lists such as this
> one. I
> agree with this. Should medical and legal practitioners, for
> example, also
> be free of any registration or licensing requirements?
|