Does anyone actually enforce this, tho? Keep reading about how IRS doesn't have enough agents to audit millionaires and my understanding is SEC is even worse.
Does anyone actually enforce this, tho? Keep reading about how IRS doesn't have enough agents to audit millionaires and my understanding is SEC is even worse.
There are usually penalties for misrepresenting yourself to cheat people out of their money, and I’m pretty sure this would qualify. The goal is to bend the law, not break it. Getting caught and sent to prison takes a lot of the fun out of it.
Does anyone actually enforce this, tho? Keep reading about how IRS doesn't have enough agents to audit millionaires and my understanding is SEC is even worse.
There are usually penalties for misrepresenting yourself to cheat people out of their money, and I’m pretty sure this would qualify. The goal is to bend the law, not break it. Getting caught and sent to prison takes a lot of the fun out of it.
"Getting caught and sent to prison takes a lot of the fun out of it."
2 marks for the clarity.