Firms failed to make required disclosure of stock dilution
Pair accused of staging a massive promotional campaign for a penny stock while dumping its shares
Fraudsters continue to use dormant shell company scams to manipulate stock prices
Industry gives rule a mixed review
SEC says staff need more time to develop a plan for returning funds to investors
Subsidiaries fined for improperly selling penny stock shares
The SEC has charged two men with insider trading related to a hedge fund’s short position
The suspensions are part of the regulator’s continued focus on surveying the penny stock market for suspicious activities
Award international breadth of whistleblower program
Companies charged include Montreal-based Formula Growth Ltd.