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SEC Signals No Patience For Fake News On Stocks

Law360, New York (April 11, 2017, 9:41 PM EDT) -- The U.S. Securities and Exchange Commission filed charges Monday against a whopping 27 respondents for disguising promotions as independent research in a move experts said is calculated to send a message the market can't ignore and could be a sign of more cases to come.

Monday's charges constituted the largest set of actions the agency has brought over violations related to stock touting, with charges filed against over two dozen individuals, companies and firms alleged to have run several schemes to write bullish articles posing as...
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