{"id":8104,"date":"2008-07-15T00:00:00","date_gmt":"2008-07-15T00:00:00","guid":{"rendered":""},"modified":"-0001-11-30T00:00:00","modified_gmt":"-0001-11-30T04:00:00","slug":"sec-rumor-watch-draws-skepticism","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/07\/2008\/sec-rumor-watch-draws-skepticism.html","title":{"rendered":"SEC Rumor Watch Draws Skepticism"},"content":{"rendered":"<p>New York Post- Wall Streeters who suspect that hedge funds are behind false rumors about Lehman Brothers and other banks say they&#8217;re skeptical that regulators will be able to find and punish those responsible. <\/p>\n<p> &quot;I would love to have someone pinned and pilloried for doing this stuff,&quot; said one investment pro who says he is constantly battling merger rumors. &quot;But it&#8217;s hard to believe it&#8217;s going to be effective.&quot; <\/p>\n<p> The doubtful commentary refers to the Securities and Exchange Commission&#8217;s oddly timed announcement Sunday that it plans to crack down on false rumors spread by broker-dealers and financial advisers. <\/p>\n<p> The SEC said it will examine controls and procedures at these outfits to ensure they&#8217;re doing what they can to prevent a practice that, legally speaking, counts as market manipulation. <\/p>\n<p><strong><a target=\"_blank\" href=\"http:\/\/www.hedgeco.net\/news\/news_land.php?i=http:\/\/www.nypost.com\/seven\/07152008\/business\/sec_rumor_watch_draws_skepticism_119944.htm\">Read Complete Article<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>New York Post- Wall Streeters who suspect that hedge funds are behind false rumors about Lehman Brothers and other banks say they&#8217;re skeptical that regulators will be able to find and punish those responsible. &quot;I would love to have someone [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[1458,44,1457,96,20,34,30,1387,1459,358,699],"class_list":["post-8104","post","type-post","status-publish","format-standard","hentry","category-syndicated","tag-corporate-watchdog","tag-invoices","tag-ira-sohn-investment-research-conference","tag-lehman-brothers-holdings","tag-new-marketplace","tag-news-press","tag-rand-corporation","tag-san-antonio-business","tag-terrestar","tag-value-investors","tag-volatility"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/8104","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=8104"}],"version-history":[{"count":0,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/8104\/revisions"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=8104"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=8104"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=8104"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}