From: Duncan Frissell <frissell@panix.com>
Date: Tue, 4 Jun 1996 12:57:03 +0800
To: Michael Froomkin <perry@piermont.com>
Subject: Re: Saw this on CNN: Anonymous Stock tips over IRC as bad???
Message-ID: <2.2.32.19960603223725.009fda80@panix.com>
MIME-Version: 1.0
Content-Type: text/plain


At 05:01 PM 6/3/96 -0400, Michael Froomkin wrote:
>On Mon, 3 Jun 1996, Perry E. Metzger wrote:
>
>[...]
>> Securities laws are extremely complex, extraordinarily broad, and
>> subject to extremely flexible interpretation. I would suggest not
>> attempting to skate a fine line near them -- the ice is very thin.
>
>Damn good advice, if you ask me.
>
>A. Michael Froomkin        | +1 (305) 284-4285; +1 (305) 284-6506 (fax)

However, it is becoming a deregulated industry.  Like all the rest.

DCF