The Securities and Exchange Commission (SEC) announced that the trading of nine penny stocks has been suspended. This is part of an ongoing enforcement to combat microcap fraud. The companies involved in the trading suspension announced on September 25th. were identified during an SEC analysis of heavily promoted microcap issuers. These are the companies suspended […]

The following are excerpts from Richard G. Ketchum, Chairman and CEO of FINRA, the Financial Industry Regulatory Authority, and Chairman and Chief Executive Officer Research Center on the Prevention of Financial Fraud in Washington, DC, Thursday, November 3, 2011. "We bring together policymakers, researchers, practitioners, law enforcement and others to discuss how we can better share […]