[blackdog]

If the stock is on the public stock exchange it must follow SEC rules. Both accounting methods and securities regulations. There are very strict rules about exercising stock options for company executives and board members and their families.

It's what helps keep our NYSE the gold standard in world markets. Other than politicians not following insider trading laws, the system is pretty solid for everyone else.

Now if a company doesn't want to use public capital, they can always do so as a private equity venture. Then they can do whatever they want.

[sergeantdave]

“It’s what helps keep our NYSE the gold standard in world markets. Other than politicians not following insider trading laws, the system is pretty solid for everyone else.”

Let us know when your beloved SEC goes after the naked short sellers.