Thank you for sharing!

Your article was successfully shared with the contacts you provided.

The latest news is that “Tokyo Joe,” who used to be the hottest thing among Internet stock-pickers, has been charged by the Securities and Exchange Com-mission with civil stock fraud. The basic allegation: Joe, whose real name is Yun Soo Oh Park, purchased shares and then recommended them to people willing to pay for his advice, quickly reaping profits from their predictable rise in value. This is only one of the ways in which the Web can interact with the securities markets — and now there’s an excellent Web site devoted to those interactions. EnforceNet.com (www.enforcenet.com), created by Bruce Carton, an associate in the Reston, Va., office of Piper Marbury Rudnick & Wolfe, is indispensable to anyone who wants to understand the emerging issues. The site draws on a large variety of sources — SEC releases and speeches, articles from the trade and general press, and published law firm research from firm Web sites. And the issues are equally diverse. Can a company sue for “cybersmears” if false information is disseminated about it in a chat room? Should online brokerages be regulated differently from traditional ones? Is there anything wrong with investment analysts’ practice of holding conference calls to discuss their views on major companies’ prospects? (In the new world of online investing, the SEC chairman is concerned about unfair information disparities.) Admirably, Carton updates the site rapidly when developments require: I found two links to the “Tokyo Joe” story dated Jan. 5, the day it broke in the press.

This content has been archived. It is available exclusively through our partner LexisNexis®.

To view this content, please continue to Lexis Advance®.

Not a Lexis Advance® Subscriber? Subscribe Now

Why am I seeing this?

LexisNexis® is now the exclusive third party online distributor of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® customers will be able to access and use ALM's content by subscribing to the LexisNexis® services via Lexis Advance®. This includes content from the National Law Journal®, The American Lawyer®, Law Technology News®, The New York Law Journal® and Corporate Counsel®, as well as ALM's other newspapers, directories, legal treatises, published and unpublished court opinions, and other sources of legal information.

ALM's content plays a significant role in your work and research, and now through this alliance LexisNexis® will bring you access to an even more comprehensive collection of legal content.

For questions call 1-877-256-2472 or contact us at [email protected]


ALM Legal Publication Newsletters

Sign Up Today and Never Miss Another Story.

As part of your digital membership, you can sign up for an unlimited number of a wide range of complimentary newsletters. Visit your My Account page to make your selections. Get the timely legal news and critical analysis you cannot afford to miss. Tailored just for you. In your inbox. Every day.

Copyright © 2020 ALM Media Properties, LLC. All Rights Reserved.