Earlier this week the Commission filed a complaint involving a scalping claim against a man who used his Twitter account to manipulate the share price of eight microcap stocks. Now the agency has brought an action against six individuals engaged …
Earlier this week the Commission filed a complaint involving a scalping claim against a man who used his Twitter account to manipulate the share price of eight microcap stocks. Now the agency has brought an action against six individuals engaged …
One of key area of focus for the Commission’s enforcement division over the years has been microcap stocks. Often the float for those firms is small and the share price low, facilitating market manipulation. Social media only enhances those attributes …