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by valuearb 1950 days ago
He clearly violated his professional obligations, but congress doesn’t prosecute anyone, Massachusetts will if anyone does.
2 comments

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.

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