Kojak/PBoyles may soon be able to take a much needed break and let his ulcers settle

scose-no-doubt said:
J'arrive a la meme conclusion
Click to expand...

I think the usual forex robots and signal services scams will continue as they will register their websites outside the UK. However a business that is registered in the UK and has a physical presence may have to take some notice of it.

It will be interesting to see if it forces T2W to do some fact checking before they issue their 'partner offers' which have, in the past, been somewhat controversial.
 
As far as I am aware there are few cases where responsibility for advert content lies with the facilitator of the service that delivers it unless they are one and the same. Can you imagine if Argos had to start checking every product they sell to see if it meets the manufacturers claims ? Or if Royal Mail started checking everything they deliver for the same. T2W partner emails are the same in that context in my view. However, it is true that there are cases where some partner emails should not have happened and the reason they did is because advertising is often independent of other T2W functions. Awareness of this is better than it was and hopefully this can be avoided in future. The idea that there is resource to check all claims made by advertisers in almost every area of life is just not possible. Even the ASA and FSA take forever to check and gather evidence when they get a deluge of complaints so to think that private companies will do so is just not going to happen in my view.

I should state that these are my views are not the official policy of T2W


Paul
 
In the case of T2W it actually wouldn't take a massive effort to carry out basic checks on advertisers or partners. The problem is that unless this is required by law it won't happen as the net result of checking on adverts will be that some will be found to be untruthful and may have to be rejected resulting in lower revenues. It's much more convenient to say such a thing is as difficult as the royal mail checking every letter, clearly it is nowhere near as difficult.

Clearly some partner offers that have gone out have turned into an embarrassment for T2W but in at least two cases the warning signs were there but were, for whatever reason, not acted upon.

What this legislation does is close the loophole where people could falsely advertise online and be exempt from oversight.
 
..come to think of it the phrase 'some will be found to be untruthful' could probably be replaced with 'most will be found to be untruthful'.
 
I just think that T2W gonna have to start paying more attention to shysters on the boards or at least skew reactions more to benefit members and not what benefits top line.

If people continually get scammed through T2W I think there could possibly be some liability in regards to social responsibility.
 
scose-no-doubt said:
I

If people continually get scammed through T2W I think there could possibly be some liability in regards to social responsibility.
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Morally yes, but is someone who has been scammed for 5 or 6 grand really going to pay out more money to take legal action? In most cases probably not.
 
No but I'll bet the regulators will be peeking in if the name keeps popping up. You have to remember this is probably the biggest site of it's kind no?
 
scose-no-doubt said:
No but I'll bet the regulators will be peeking in if the name keeps popping up. You have to remember this is probably the biggest site of it's kind no?
Click to expand...

Would there be anything in it for T2W to offer advertisers some sort of 'verified' status whereby adverts would be checked for truthfulness? For example claims about awards or qualifications could be verified and receive T2W verified status. Could T2W charge more for this? Contrary to what others may think Im pretty sure that it could be done, there are not hundreds of partner offers or adverts on T2W.

The only problem is how many of them would pass even a basic fact checking exercise? In any case why should T2W care if members get scammed? Those are questions not statements.
 
Pazienza said:
Not by a long shot. Never mind "members", compare users online.
Click to expand...

Currently Active Users: 1021 (212 members and 809 guests)
View Who's Online
Most users ever online was 5,571, May 22, 2007 at 2:35pm.
Click to expand...
hmm....looks like 2007 was the "golden period".
Downhill ever since?

Still, it's quality, not quantity that counts isn't it?
 
From forexfactory.com

3,782
Traders online now
602 are members
3,180 are visitors


29,666
Most traders ever online
Oct 8, 2010 8:42am
 
scose-no-doubt said:
No but I'll bet the regulators will be peeking in if the name keeps popping up. You have to remember this is probably the biggest site of it's kind no?
Click to expand...

Had an interesting e-mail from David Robertson recently, telling me how much he'd threatened T2W with - 30K damages iirc, also K2A were going to sue them for decent money, enough to sink this place ten times over..I'll think about posting up Sharky's thoughts on it when I get around to it, his pm indicates just how much he was (is still?) 5hitting himself...:D
 
Black Swan said:
Had an interesting e-mail from David Robertson recently, telling me how much he'd threatened T2W with - 30K damages iirc, also K2A were going to sue them for decent money, enough to sink this place ten times over..I'll think about posting up Sharky's thoughts on it when I get around to it, his pm indicates just how much he was (is still?) 5hitting himself...:D
Click to expand...

:LOL:

Kin ell mate bud, why was he emailing you fer fooks sake?

Grab pips swinging scalp off short TFs fwiw iirc madness...bless ;)
 
pboyles said:
Thats a step in the right direction but I can see that enforcement will be the issue. Will anybody bother to investigate breaches and if they do what action will they take? Interesting that it may place a burden on T2W to ensure their 'partner offers' are not misleading.
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Here's a thing, if you moderate, or are one of the forum guides you'll also be/could be liable for any action the likes of Knowledge To Action or David Robertson take versus T2W. If you recall I briefly volunteered to be a forum guide after Tim asked me. After a pm warning me of on-going action I found out (from 2 sources) that any liability extends to unpaid mods and forum 'worker ants'. So 2 things; not only does T2W have to be very careful moving forward re. the partners it chooses, but also v. careful in terms of the content anynoe posts on the site. I suppose it's one of the dangers of allowing a site such as this in this form, the content of which is totally driven by the contributors. it's simply a series of forums bolted together using free open source forum software with little direction or control and no management.
 
Black Swan said:
I suppose it's one of the dangers of allowing a site such as this in this form, the content of which is totally driven by the contributors. it's simply a series of forums bolted together using free open source forum software with little direction or control and no management.
Click to expand...

You hit the nail on the head.

Owner does not trade. Mods do not trade, staff do not trade (and by trade, I mean profitably as their sole source of income)

There can only ever be one outcome. Whats bleedin obvious to us goes right over their heads, add in advertising revenue's and commercial interestes, and people protecting their employers and jobs and you get the zoo that T2W has become.

on the plus side, they score 10/10 for lulz.
 
Black Swan said:
I suppose it's one of the dangers of allowing a site such as this in this form, the content of which is totally driven by the contributors. it's simply a series of forums bolted together using free open source forum software with little direction or control and no management.
Click to expand...

tbh mate bud that's one of the good things about this suite of forums ...bless ;).
 
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