Topic: Just what has Prosper offered in the "Offer"? (Read 3458 times)

Investar · « **on:** November 27, 2008, 08:37:22 am »

Per section "II" of the SEC's ADMINISTRATIVE PROCEEDING in the matter of PROSPER MARKETPLACE: "In anticipation of ... these proceedings, Respondent has submitted an Offer of Settlement (the “Offer”) which the Commission has determined to accept." But the document contains no Appendix or other reference to this "Offer".

Can anyone locate the "Settlement" the SEC has accepted? I'd love to read that vital piece of ephemera.

cubbiesnextyr · « **Reply #1 on:** November 27, 2008, 09:27:27 am »

Quote from: Investar on November 27, 2008, 08:37:22 am

Per section "II" of the SEC's ADMINISTRATIVE PROCEEDING in the matter of PROSPER MARKETPLACE: "In anticipation of ... these proceedings, Respondent has submitted an Offer of Settlement (the “Offer”) which the Commission has determined to accept." But the document contains no Appendix or other reference to this "Offer".

Can anyone locate the "Settlement" the SEC has accepted? I'd love to read that vital piece of ephemera.

It's been speculated on here:

http://www.prospers.org/forum/prosper_order_to_cease_and_desist_by_sec-t10903.0.html;msg178872#msg178872

Basically, some don't believe it's public info. Others think it's that they simply wont do it anymore.

HollowOak · « **Reply #2 on:** November 27, 2008, 01:25:27 pm »

The offer is to stop offering unregulated securities.

News:

Author Topic: Just what has Prosper offered in the "Offer"? (Read 3458 times)

Investar

Just what has Prosper offered in the "Offer"?

cubbiesnextyr

Re: Just what has Prosper offered in the "Offer"?

HollowOak

Re: Just what has Prosper offered in the "Offer"?