SEC Says Long Islander Aided $2M 'Free Riding' Scam

By Emilie Ruscoe (February 12, 2024, 9:41 PM EST) -- A Long Island 25-year-old has agreed to settle U.S. Securities and Exchange Commission allegations that he played a key role in a $2 million "free riding" scheme to take advantage of "instant deposit" credits offered by broker-dealer firms....

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