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#12447 - 06/06/01 04:06 AM "Buy our bank's stock!"
Anonymous
Unregistered

Can anyone point me generally to securities law prohibitions against the CEO of the bank making a statement on the bank's website (under the friendly "Welcome from the CEO" page) urging the public to investigate and purchase the bank's publicly traded stock? It seems to me that it is somehow prohibited under SEC or other rules.

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#12448 - 06/06/01 07:55 PM Re: "Buy our bank's stock!"
Anonymous
Unregistered

For all y'all's future reference, I'm answering my own question. I called our highly compensated DC securities lawyer, Mr. Ferd Berfel. He nixed any statement from our CEO on the website encouraging purchase of our traded stock and mentioning the ticker symbol.

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