June 20, 2018/US SEC On June 18, 2018, the Securities and Exchange Commission charged Joseph A. Fiore, a penny stock financier based in Bronxville, New York, and two companies that he controlled for their respective roles in a fraudulent market manipulation and scalping scheme that generated over $11 million from […]
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SEC Shuts Down $102 Million Ponzi Scheme
19/6/2018/US SEC The Securities and Exchange Commission today filed charges and obtained an asset freeze against the individuals and companies behind a $102 million Ponzi scheme that bilked investors throughout the U.S. According to the SEC’s complaint, the defendants defrauded more than 600 investors through sales of securities in issuers […]
Investors, Innovation, and Performance Top SEC’s Draft Strategic Plan
19/6/2018/US SEC The Securities and Exchange Commission today published a draft strategic plan that focuses on investors, innovation, and performance as the top strategic goals in coming years. The SEC is seeking public comment on the proposed draft that will guide the SEC’s priorities through FY 2022. The plan highlights […]
