As many of you already know, I’m currently writing a book dedicated to a much deeper examination of the subjects addressed in this blog.
As always, I’m going to great lengths to ensure that every assertion in the book is defensible. However, because finance is not my primary (nor secondary, nor tertiary) vocation, I frequently rely on more experienced associates when it comes to testing the integrity of hypotheses formed by observation of data and events.
Recently, it occurred to me that, when it comes to the development of these theories, I ought to make better use of the expertise of the large and growing following we’ve been fortunate to build up here at deepcapture.com. Thus, starting later today, you’ll find the occasional post under the category “Deep Capture Book”, where I will present ideas being considered for the book, which could benefit from input by experts.
Am I overstating my case, or possibly understating it?
Is there another explanation?
What additional insights might strengthen my point?
These are all things that I’m hoping you folks will volunteer, via each post’s comment section.
Of course, if you should prefer to make your comment to me directly, you may do so via email: [email protected]
As I said, look for the first of these posts in the next few hours.
Congratulations Judd!! Can’t wait to read it and your timing could not be better! Thanks for all the great work and articles!–Sandra Mohr, Director, “Stock Shock-The Movie”
the following is worth keeping an eye for the Deep Capture book!
Liability for Aiding and Abetting Securities Violations Act of 2009 (Introduced in Senate)
S 1551 IS
111th CONGRESS
1st Session
S. 1551
To amend section 20 of the Securities Exchange Act of 1934 to allow for a private civil action against a person that provides substantial assistance in violation of such Act.
IN THE SENATE OF THE UNITED STATES
July 30, 2009
Mr. SPECTER (for himself, Mr. REED, and Mr. KAUFMAN) introduced the following bill; which was read twice and referred to the Committee on the Judiciary
——————————————————————————–
A BILL
To amend section 20 of the Securities Exchange Act of 1934 to allow for a private civil action against a person that provides substantial assistance in violation of such Act.
Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,
SECTION 1. SHORT TITLE.
This Act may be cited as the `Liability for Aiding and Abetting Securities Violations Act of 2009′.
SEC. 2. PRIVATE CIVIL ACTION FOR AIDING AND ABETTING.
Section 20(e) of the Securities Exchange Act of 1934 (15 U.S.C. 78t(e)) is amended–
(1) in the subsection heading, by striking `Prosecution of’ and inserting `Actions Against’;
(2) by striking `For purposes’ and inserting the following:
`(1) ACTIONS BROUGHT BY COMMISSION- For purposes’;
(3) in paragraph (1), as so designated, by inserting `or recklessly’ after `knowingly’; and
(4) by adding at the end the following:
`(2) PRIVATE CIVIL ACTIONS- For purposes of any private civil action implied under this title, any person that knowingly or recklessly provides substantial assistance to another person in violation of this title, or of any rule or regulation issued under this title, shall be deemed to be in violation of this title to the same extent as the person to whom such assistance is provided.’.
http://thomas.loc.gov/cgi-bin/query/z?c111:S.1551:
Good idea, congratulate!
If to collect and correct information for a book by such method, a book must be the best seller.