The Securities and Exchange Commission today announced enforcement actions against 27 individuals and entities behind various alleged stock promotion schemes that left investors with the impression they were reading independent, unbiased analyses on investing websites while writers were being secretly compensated for touting company stocks.No doubt in my mind that Trump will soon gut the SEC to prevent any future such enforcement actions.
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The SEC filed fraud charges against three public companies and seven stock promotion or communications firms as well as two company CEOs, six individuals at the firms, and nine writers. Of those charged, 17 have agreed to settlements that include disgorgement or penalties ranging from approximately $2,200 to nearly $3 million based on frequency and severity of their actions. The SEC’s litigation continues against 10 others.
A blog by a "sucker" and a "loser" who served her country in the Navy.
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Slava Ukraini!
Tuesday, April 11, 2017
Fake Stock News Isn't Just Wrong, It's Illegal
1 comment:
House Rules #1, #2 and #6 apply to all comments. Rule #3 also applies to political comments.
In short, don't be a jackass. THIS MEANS YOU!
If you never see your comments posted, see Rule #7.
All comments must be on point and address either the points raised in the blog post or points raised by commenters in response.
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(Please don't feed the trolls.)
中國詞不評論，冒抹除的風險。僅英語。
COMMENT MODERATION IS IN EFFECT UFN. This means that if you are an insulting dick, nobody will ever see it.
Stupid job-killing regulations!
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