SEC takes action against spammers

Friday, 9 March 2007, 3:00 PM EST

The US Securities and Exchange Commission (SEC) has suspended 35 companies from trading in securities on Thursday.

According to press reports the action was taken in response to alleged stock promotion through spam email campaigns. The trading suspensions were ordered because of questions about the adequacy and accuracy of information about the companies.

At vnunet.

[ Read more ]




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