[dagmx]

This doesn't imply that he did anything illegal. It's standard in hearings to get any/all prominent people/corporations involved to testify to paint a clearer picture for law makers to then potentially act on. It's more research than anything.

[valuearb]

He clearly violated his professional obligations, but congress doesn’t prosecute anyone, Massachusetts will if anyone does.

[dagmx]

Yes, personally I think he's in for some trouble with MA, but I was speaking to the congressional hearings which, like you said, aren't a prosecution.

I do think he purposefully downplayed his financial history in an aim to drive up hype, and as you stated, violated his professional obligations. At best, he walked a very thin line which will be scrutinized. At worst he broke the law and will face charges, and WSB will add a new chapter to their lore either way.

[paul_f]

what professional obligations specifically?

[valuearb]

He’s a licensed broker carrying five license, working for a licensed brokerage. They aren’t allowed to make public investment recommendations.