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Joined 1 year ago
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Cake day: June 23rd, 2023

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  • Ah, I’m not sure how the US market rules compare to other large stock exchanges but I don’t believe there are an enormous number of outright scams on either the NYSE or NASDAQ. There’s definitely a fine line between marketing, hype, and scam. Musk, for instance, pretty blatantly crosses the line into market manipulation but that’s more an exception than a rule. In general, disclosures are accurate and you can pretty much know what you’re getting into before buying.


  • It has not been my impression that the US has more business scams than other places. Most of the big ones I can think of are phone and internet scams primarily run out of other countries to avoid US law enforcement.

    Truth in advertising laws aren’t perfect but do exist and are mostly enforced. Although I’m not sure false advertising exactly counts as a scam.

    Is there a specific type of scam you’re thinking of?