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by kelthuzad 1030 days ago
If the line is intentionally fuzzy it doesn't make sense for them to lie about how the line is supposedly clear, because lying tends to diminish the trust and credibility of the SEC.

I still don't buy this explanation regardless, because it makes navigating the space impossible.

1 comments

It's weird, because that line has been in place for decades, and the financial industry has mostly had no problems complying, yet a bunch of script kiddies trying to get rich are finding it oh so difficult to stay on the right side of the line?

Ain't that just the darndest thing.

The line seems to be unclear and fuzzy as stated by others, which will naturally cause problems with compliance, but you clearly have a personal axe to grind so I'm not gonna entertain that.