There won't be any alternatives! Not just this site would be crushed, but every site with user posts!
Youtube, Facebook, Investorshub, Ragingbull, Yahoo communities boards, every forum site, anywhere!
If some one can come post information on a website, and that information is found to be "illegal", the site can be shut down.
It's a bad deal.

There is no need to thank me for this valuable information: I'm doing it as a public service.