Microcap Dealer Inks $39M Deal Over SEC 'Scalping' Claims

By Emilie Ruscoe (April 27, 2023, 9:36 PM EDT) -- A pair of penny stock dealers and their firms have agreed to a $39.2 million resolution of U.S. Securities and Exchange Commission allegations they violated dealer registration rules and secretly funded the promotion of certain penny stock shares they were trading....

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