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: Securities Law Prof Blog

SEC Charges Two with Defrauding Brokers to Manipulate Penny Stocks

By Securites Lawprof

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On July 21, 2009 the SEC filed an emergency enforcement action against Eric Todd Seiden to halt an ongoing scheme in which Seiden fraudulently induced at least fifteen broker-dealers to buy over $1.8 million worth of thinly traded stock. On... read more

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Full post as published by Securities Law Prof Blog on August 18, 2009 (boomark / email).

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