SEC Cracks Down on eBay Securities Sales

from the how-much-would-you-bid-for-my-equity? dept

It took them long enough, but the SEC has finally started cracking down on folks who tried to sell stocks on eBay. I still wonder what the people involved thought. Did they really think it was okay to just put their stock up for auction? Did they think it was a publicity stunt? Were they just stupid?