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jukemann
Joined: 22 Jan 2005
Posts: 35
Location: Charlotte, NC
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iFinancialAdviser
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Joined: 28 Dec 2004
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 Posted: Fri Feb 18, 2005 6:06 am Post subject: |
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That's a good one. Do you have any suggestion on its description? Also I'm thinking about credit card. What do you think?
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adigaskell
Joined: 13 Jan 2005
Posts: 232
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| Posted: Sun Feb 20, 2005 11:27 am Post subject: |
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What are the legal grounds for that? Do you have to specify somewhere that no comments on here constitute financial advice or anything?
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iFinancialAdviser
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| Posted: Sun Feb 20, 2005 7:40 pm Post subject: |
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| adigaskell wrote: |
| What are the legal grounds for that? Do you have to specify somewhere that no comments on here constitute financial advice or anything? |
As far as accounting and tax advices are concerned, I don't think there is any strict guideline or regulation (though I'll ask around about this), unless, of course, you are suggesting something illegal or questionable way to avoid paying any tax.
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adigaskell
Joined: 13 Jan 2005
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| Posted: Sun Feb 20, 2005 9:01 pm Post subject: |
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I know that in the UK you cannot recommend a financial product unless you are a qualified financial advisor registered with the regulatory body. This has caused alot of issues in the promotion of financial products via affiliate marketing and now many affiliate sites carry disclaimers saying that they are not qualified and their site does not constitute qualified advice.
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iFinancialAdviser
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Joined: 28 Dec 2004
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| Posted: Sun Feb 20, 2005 9:15 pm Post subject: |
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| adigaskell wrote: |
| I know that in the UK you cannot recommend a financial product unless you are a qualified financial advisor registered with the regulatory body. This has caused alot of issues in the promotion of financial products via affiliate marketing and now many affiliate sites carry disclaimers saying that they are not qualified and their site does not constitute qualified advice. |
I'll need to look into this, though I'm pretty sure that regulations in US are not as strict as they are in UK.
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jukemann
Joined: 22 Jan 2005
Posts: 35
Location: Charlotte, NC
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| Posted: Sun Feb 20, 2005 10:33 pm Post subject: |
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I think that you can do is create a disclaimer in the registration and also in a thread that any discussions are just that discussions and are not recommendations of any product or services. All items that are discussed in this forum are not ment to influence your investment decisions at all but just to discuss ideas and thoughts of other members.
But this is a very interesting topic now.
I always take most forum posts with a "grain of salt" IMO the primary purpose of forum is to share ideas.
But if someone is posts about a service they they used and just state their experiences I don't see how that would be in any violation. But now this would make may very warry to post anything but generic posts about subject.
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James
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iFinancialAdviser
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Joined: 28 Dec 2004
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| Posted: Sun Feb 20, 2005 10:54 pm Post subject: |
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| jukemann wrote: |
| I think that you can do is create a disclaimer in the registration and also in a thread that any discussions are just that discussions and are not recommendations of any product or services. All items that are discussed in this forum are not ment to influence your investment decisions at all but just to discuss ideas and thoughts of other members. |
This approach seems wise. Ok, I need to work on this as well. BTW, am I the only who feels like there is more and more and more work to do, though some stuff are actually getting done  ?
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Darksat
Joined: 11 Jan 2005
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iFinancialAdviser
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Darksat
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