This statement is closed.
Decision: False

SEC will act against either GLBSE or a share issuer

This statement will be true if SEC (U.S. Securities and Exchange Commission) files charges or takes action against either the issuer of what is described as an asset listed on GLBSE or against GLBSE itself or an operator of GLBSE.

The SEC is responsible for enforcing securities regulations and would be the agency to make charges against a party engaging in securities transactions without registering as a broker-dealer.

The definition of an action would be any administrative proceeding that would appear on http://www.sec.gov/litigation/admin.shtml or charges described in any news or announcement appearing on the SEC's website. A search performed on October 1st (selecting all sections) for "GLBSE" will identify actions if none are known prior to that date: http://search.sec.gov/secgov/index.jsp#queryResultsTop

Info

Opening date: April 11, 2012
Bet deadline: Sept. 3, 2012 end of day Eastern Time
Event date: Oct. 1, 2012 end of day Eastern Time
Category: Other
Total agree bets: 1.00
Total disagree bets: 10.63
Total weighted agree bets: 2304.955
Total weighted disagree bets: 8144.742