Friday, March 09, 2007

SEC's 'Operation Spamalot' Targets Penny-Stock Hype

Trading Halted For 35 Firms Over E-Mails

Securities regulators yesterday halted trading in nearly three dozen companies -- the initial salvo in "Operation Spamalot," a campaign to block e-mails promoting stocks to unsuspecting investors.

Three cheers for the SEC.

Edit -

Via Thomas Claburn of Information Week,

No comments: