Will Small Cap Investors Embrace Donald Trump’s DWAC? The latest Reddit Meme Stock
Since the fall of 2019, we’ve written a number of times about the Securities and Exchange Commission’s amendments to Rule 15c2-11, which, most importantly, require over-the-counter stocks to provide “current information” to the public. Since the end of… Read More
Category: Blog Posts Tags: 15c-211, AMC, AMC Entertainment Holdings, APES, ARC Global Investments II LLC, Benchmark Investments LLC, Boaz Weinstein, Digital World Acquisition Corp, Donald J Trump, Donald Trump, DWAC, DWACU, DWACW, Expert Market, FINRA, GameStop, Gary Gensler, GME, Grey Market, Grey Sheets, hedge funds, HODS, Lighthouse Investment Partners, Luis Orleans-Braganza, meme stocks, nasdaq, nyse, OTC Markets, Patrick Orlando, Penny stocks, pink sheets, Reddit, Robinhood, Rolling Stone, Saba Capital Management, SEC, SPAC, stocks, The Verge, TMTG, Trump Media & Technology Group, Truth Social, Unsolicited quotes, WallStreetBets, YOLO
Federal Jury Convicts Defendants In NuTech Energy Resources Securities Fraud
On Wednesday, October 13, 2021, a federal jury in Cheyenne returned guilty verdicts against a Pennsylvania man and two Florida men related to a stock fraud involving NuTech Energy Resources Inc., a company that claimed to operate coalbed-methane… Read More
Category: Blog Posts Tags: Bob Mitchell, Charles Winters Jr, Chuck Winters, Dodd Frank Bounty, dodd-frank, ECMZ, EcoEmissions Solutions Inc, Ian Horn, Justin Herman, Kevin Trizna, NERG, NuTech Energy Resources Inc, OTC Markets Group, Robert Mitchell, Robert William Mitchell, SEC Action, SEC Administrative Proceeding, SEC Attorney, SEC Award, SEC Bounty, SEC Claim, SEC Defendant, SEC Defense, SEC Division of Enforcement, SEC enforcement, SEC Fraud, SEC Injunction, SEC Law Firm, SEC Lawsuit, SEC Lawyer, SEC Litigation, SEC Penny Stock Bar, SEC Trading Suspension, SEC Whistleblower, SEC whistleblower Award, SEC whistleblower bounty, Securities Attorney, Securities Fraud, Securities Law Defense, Securities Lawyer, trading suspension, Unregistered Dealer
SEC Charges Webcast Host Mark Melnick for His Role in Market Manipulation Scheme
On September 30, 2021, the Securities and Exchange Commission (the “SEC”) announced charges against Mark Melnick, a day trader and T3 Live Senior Trading Strategist for spreading more than 100 false rumors about public companies in order to… Read More
Category: Blog Posts Tags: Barton Ross, Dodd Frank Bounty, dodd-frank, fake news, Mark Melnick, Newsbeat Live, SEC Action, SEC Administrative Proceeding, SEC Attorney, SEC Award, SEC Bounty, SEC Claim, SEC Defendant, SEC Defense, SEC Division of Enforcement, SEC enforcement, SEC Fraud, SEC Injunction, SEC Law Firm, SEC Lawsuit, SEC Lawyer, SEC Litigation, SEC Penny Stock Bar, SEC Trading Suspension, SEC Whistleblower, SEC whistleblower Award, SEC whistleblower bounty, Securities Attorney, Securities Fraud, Securities Law Defense, Securities Lawyer, stock manipulation, stock rumors, T3 Live, Trading Psychology, trading suspension
SEC Obtains Emergency Relief Against Richard Xia Charged with EB-5 Securities Fraud
On September 28, 2021, the Securities and Exchange Commission (the “SEC”) announced that it filed an emergency action and obtained an asset freeze, among other relief, against Richard Xia (aka Yi Xia) and his company, Fleet New York… Read More
Category: Blog Posts Tags: Asset Freeze, Dodd Frank Bounty, dodd-frank, EB-5, Federal New York Metropolitan Regional Center LLC, Fleet New York Metropolitan Regional Center, Form F-1, Form S-1, Going Public, JiQing Yue, Julia Yue, Racanelli Construction Group Inc, Richard Xia, SEC Action, SEC Administrative Proceeding, SEC Attorney, SEC Award, SEC Bounty, SEC Claim, SEC Defendant, SEC Defense, SEC Division of Enforcement, SEC enforcement, SEC Fraud, SEC Injunction, SEC Law Firm, SEC Lawsuit, SEC Lawyer, SEC Litigation, SEC Penny Stock Bar, SEC Trading Suspension, SEC Whistleblower, SEC whistleblower Award, SEC whistleblower bounty, Securities Attorney, Securities Fraud, Securities Law Defense, Securities Lawyer, trading suspension, Unregistered Dealer, Yi Xia
SEC Sues Carebourn Capital, L.P. and Its Managing Partner Chip Rice for Acting as an Unregistered Securities Dealer
On September 24, 2021, the Securities and Exchange Commission (“SEC”) charged Carebourn Capital, L.P. and its managing partner Chip Rice of Maple Grove, Minnesota, with acting as unregistered securities dealers in connection with their buying and selling of… Read More
Category: Blog Posts Tags: ADGO, Advantego Corp, AFPW, Alexander J Dillon, AlumiFuel Power Corp, Anthony LG, APPZ, Bergio International Inc, BlackOaks Capital LP, Booski Consulting LLC, Bravtek Solutions Inc, BRGO, broker-dealer, BVTK, Carebourn Capital, Carebourn Capital LP, Carebourn Partners LLC, CGAC, Chicago Venture Partners L.P., Chip Rice, Code Green Apparel Corp, Convertible Notes, Cosmin I Panait, Dark Pulse Inc, DNRG, Dodd Frank Bounty, dodd-frank, Dominovas Energy Corp, DPLS, DRNK, Eventure Interactive Inc, EVTI, FastFunds Financial Corp, FDBL, Feltl & Company, FFFC, Fonu2 Inc, Form F-1, Form S-1, FPFI, Fresh Promise Foods Inc, Friendable Inc, FUNO, Going Public, GPL Management LLC, GPL Ventures LLC, GRAS, Greenfield Farms Food Inc, Groove Botanicals Inc, Growth Solutions Holdings, GRSO, GRVE, Iliad Research and Trading L.P., INND, Innerscope Hearing Technologies Inc, JDF Capital Inc, JMJ Financial, John Fierro, John Fife, Justin W Keener, Kelci Rice, KOAN, Labor Smart Inc, Logan Rice, LTNC, Michael Wruck, Miller Johnson Steichen Kinnard Inc, Minnesota, Monster Arts Inc, More Capital LLC, More Capital Partners LP, Ngen Technologies Holdings Corp, NGRP, Noho Inc, Optec International Inc, OPTI, Ozop Energy Solutions Inc, OZSC, Patten Energy Solutions Inc, Pazoo Inc, PEII, Petron Energy II Inc, PETV, PetVivo Holdings Inc, Powerstorm Holdings Inc, PPCB, Propanc Health Group Corp, PSTO, PTTN, PZOO, Resonate Blends Inc, Revolutions Medical Corp, RMCP, RVUE, Rvue Holdings Inc, SEC Action, SEC Administrative Proceeding, SEC Attorney, SEC Award, SEC Bounty, SEC Claim, SEC Defendant, SEC Defense, SEC Division of Enforcement, SEC enforcement, SEC Fraud, SEC Injunction, SEC Law Firm, SEC Lawsuit, SEC Lawyer, SEC Litigation, SEC Penny Stock Bar, SEC Trading Suspension, SEC Whistleblower, SEC whistleblower Award, SEC whistleblower bounty, Section 15(a)(1), Securities Attorney, Securities Fraud, Securities Law Defense, Securities Lawyer, St George Investments LLC, The Staffing Group Ltd, Tonaquint Inc, toxic financing, toxic lending, trading suspension, Typenex Co-Investment LLC, Unregistered Dealer, Wisdom Homes of America Inc, WOFA, Wowio Inc, WWIO, ZONX, Zonzia Media Inc
Section 12(j) – SEC Termination of Registration, Revocation and Trading Suspensions
Proceedings under Section 12(j) of the Securities Exchange Act of 1934, (the “Exchange Act”) are frequently initiated when an SEC reporting company has failed to comply with its SEC reporting requirements. Section 12(j) authorizes the SEC to revoke… Read More
Category: Blog Posts Tags: 12(j) revocation, 12(j) Suspension, 15c2-11, Blue Sky, broker-dealers, FINRA, FINRA Rule 15c2-11, Form 10, Form 211, Form 211 and Amended 15c-211, Form 211 Attorney, Form 211 Attorneys, Form 211 Lawyer, Form 211 Lawyers, Form S-1, Going Public, Grey Sheets, Market Maker, otc, OTC Markets Pink, Periodic Reports, Reporting Company, rule 15c-211, Rule 15c2-11, SEC, SEC Administrative Proceeding, SEC Attorney, SEC Injunction, SEC Law Firm, SEC Lawsuit, SEC Lawyer, SEC Litigation, SEC Penny Stock Bar, SEC Reporting, SEC Reporting Requirements, SEC Section 12(j), SEC Trading Suspension, Section 12, Section 12(j), Securities Attorney, Securities Fraud, Securities Law Defense, Securities Lawyer, trading suspension, Unregistered Dealer, Unsolicited quotes
SEC Charges Two Individuals for Wash Trading Scheme Involving Options of “Meme Stocks”
Today, the Securities and Exchange Commission charged a Florida resident and his friend for engaging in a fraudulent scheme designed to collect liquidity rebates from exchanges by wash trading put options of certain “meme stocks” in early 2021…. Read More
Category: Blog Posts Tags: Dodd Frank Bounty, dodd-frank, options, SEC Action, SEC Administrative Proceeding, SEC Attorney, SEC Award, SEC Bounty, SEC Claim, SEC Defendant, SEC Defense, SEC Division of Enforcement, SEC enforcement, SEC Fraud, SEC Injunction, SEC Law Firm, SEC Lawsuit, SEC Lawyer, SEC Litigation, SEC Penny Stock Bar, SEC Trading Suspension, SEC Whistleblower, SEC whistleblower Award, SEC whistleblower bounty, Securities Attorney, Securities Fraud, Securities Law Defense, Securities Lawyer, Suyun Gu, trading suspension, Unregistered Dealer, wash trading, Yong Lee
Forms 211: OTC Markets’ New Role – Quotation, Trading Suspensions and Listing
We’ve written several times about the Securities and Exchange Commission’s (“SEC”) amendments to Rule 15c2-11, first proposed in September 2019 and adopted in September 2020. The amended rule will finally become effective on September 28, 2021. That is… Read More
Category: Blog Posts Tags: FINRA, FINRA Rule 5250, Form 211 and Amended 15c-211, Grey Sheets, Market Maker, OTC Bulletin Board, OTC Markets, OTC Markets and Sponsoring Market Maker, OTC Markets Group, OTC Markets Pink, OTC Pink, pink sheets, rule 15c-211, Rule 15c2-11, SEC, Securities and Exchange Commission, Sponsoring Market Maker, Unsolicited quotes
Amended Rule 15c-211 Is Only a Week Away – Going Public, Form S-1, Form 211
We last wrote about the Securities and Exchange Commission’s new Rule 15c2-11 in early August. The amended rule was proposed in September 2019; the final rule appeared in September 2020. Now the compliance deadline, September 28, 2021, is… Read More
Category: Blog Posts Tags: 15c2-11, Blue Sky, broker-dealers, FINRA, FINRA Rule 15c2-11, Form 211, Form 211 and Amended 15c-211, Form 211 Attorney, Form 211 Attorneys, Form 211 Lawyer, Form 211 Lawyers, Form F-1, Form S-1, Going Public, Grey Sheets, Market Maker, otc, OTC Markets and Sponsoring Market Maker, OTC Markets Pink, Regulation A, Regulation A Secondary Sales, Regulation A Tier 2, Regulation A+. Tier 1, Reporting Company, rule 15c-211, Rule 15c2-11, SEC, SEC Administrative Proceeding, SEC Attorney, SEC Injunction, SEC Law Firm, SEC Lawsuit, SEC Lawyer, SEC Litigation, SEC Penny Stock Bar, SEC Reporting, SEC Reporting Requirements, SEC Trading Suspension, Securities Attorney, Securities Fraud, Securities Law Defense, Securities Lawyer, trading suspension, Unregistered Dealer, Unsolicited quotes
SEC Surpasses $1 Billion in Total Whistleblower Awards
On September 15, 2021, the Securities and Exchange Commission (the “SEC”) awarded approximately $110 million to a whistleblower whose information and assistance led to successful SEC and related actions. With the award, the SEC’s whistleblower program has now… Read More
Category: Blog Posts Tags: Dodd Frank Bounty, dodd-frank, Form F-1, Form S-1, Going Public, SEC Action, SEC Administrative Proceeding, SEC Attorney, SEC Award, SEC Bounty, SEC Claim, SEC Defendant, SEC Defense, SEC Division of Enforcement, SEC enforcement, SEC Fraud, SEC Injunction, SEC Law Firm, SEC Lawsuit, SEC Lawyer, SEC Litigation, SEC Penny Stock Bar, SEC Trading Suspension, SEC Whistleblower, SEC whistleblower Award, SEC whistleblower bounty, Securities Attorney, Securities Fraud, Securities Law Defense, Securities Lawyer, trading suspension, Unregistered Dealer
SEC Charges Attorney Frederick Bauman with Participation in IIIegal, Unregistered Securities Offerings
On September 8, 2021, the Securities and Exchange Commission (the “SEC”) charged Nevada resident Frederick Bauman with playing a critical role as an attorney who facilitated the unregistered sale of millions of shares of securities by two groups… Read More
Category: Blog Posts Tags: American Lithium Minerals Inc, AMLM, Anthony Killarney, Barbara Bauman, BioHemp International Inc, BKIT, Blake Insomnia Therapeutics Inc, Bonanza Goldfields Corp, BONZ, Cybersoft Software Inc, CYBF, Dodd Frank Bounty, dodd-frank, EnviroTechnologies International Inc, ETII, Form F-1, Form S-1, Frederick Bauman, Going Public, illegal share sales, Jeffrey Denunzio, Joseph Arcaro, Kenneth Ciapala, Paul Moody, Roger Knox, Sandy Steele Unlimited Inc, scam, SEC Action, SEC Administrative Proceeding, SEC Attorney, SEC Award, SEC Bounty, SEC Claim, SEC Defendant, SEC Defense, SEC Division of Enforcement, SEC enforcement, SEC Fraud, SEC Injunction, SEC Law Firm, SEC Lawsuit, SEC Lawyer, SEC Litigation, SEC Penny Stock Bar, SEC Trading Suspension, SEC Whistleblower, SEC whistleblower Award, SEC whistleblower bounty, Securities Attorney, Securities Fraud, Securities Law Defense, Securities Lawyer, share selling scheme, SSTU, Thomas Denunzio, trading suspension, Tyler Crockett, Ubong Uboh, Ulbik Debo, Unregistered Dealer, unregistered share sales
SEC Files Subpoena Enforcement Action Against Alexander Kon
On September 1, 2021, the Securities and Exchange Commission announced that it filed an action against Alexander Kon, a penny stock promoter and resident of Overland Park, Kansas, seeking an order directing him to comply with investigative subpoenas… Read More
Category: Blog Posts Tags: 007stockchat.com, Alexander Kon, awesomestocktips.com, Cannabusiness Group Inc, Casey Cummings, CBGI, Dodd Frank Bounty, dodd-frank, Form F-1, Form S-1, Going Public, JS Media, Michael Cummings, otcfire.com, pennystockspy.com, SEC Action, SEC Administrative Proceeding, SEC Attorney, SEC Award, SEC Bounty, SEC Claim, SEC Defendant, SEC Defense, SEC Division of Enforcement, SEC enforcement, SEC Fraud, SEC Injunction, SEC Law Firm, SEC Lawsuit, SEC Lawyer, SEC Litigation, SEC Penny Stock Bar, SEC Trading Suspension, SEC Whistleblower, SEC whistleblower Award, SEC whistleblower bounty, Securities Attorney, Securities Fraud, Securities Law Defense, Securities Lawyer, Stockchat LLC, trading suspension, Unregistered Dealer, World Wide Media Group LLC
A Tale of Two Unregistered Dealers – Toxic Convertible Note Lenders Under SEC Scrutiny
In 2020, the Securities and Exchange Commission (the “SEC”) stepped up its efforts to reel in “toxic lenders”: individuals who profit enormously by buying convertible securities in penny stock companies and selling the shares they obtain upon conversion… Read More
Category: Blog Posts Tags: Big Apple Consulting, Chicago Venture Partners, Clarion Management, Convertible Note, Dodd Frank Bounty, dodd-frank, Form F-1, Form S-1, Going Public, Ibrahim Almagarby, John Fife, Justin Keener, Microcap Equity Group, SEC Action, SEC Administrative Proceeding, SEC Attorney, SEC Award, SEC Bounty, SEC Claim, SEC Defendant, SEC Defense, SEC Division of Enforcement, SEC enforcement, SEC Fraud, SEC Injunction, SEC Law Firm, SEC Lawsuit, SEC Lawyer, SEC Litigation, SEC Penny Stock Bar, SEC Trading Suspension, SEC Whistleblower, SEC whistleblower Award, SEC whistleblower bounty, Securities Attorney, Securities Fraud, Securities Law Defense, Securities Lawyer, Toxic Convertible Note, toxic financing, Toxic Lender, Toxic Note, trading suspension, Unregistered Dealer
SEC Whistleblower – Dodd Frank Revisions to be Proposed
On August 2, 2021, Gary Gensler, the new chair of the Securities and Exchange Commission (SEC), announced that because he wasn’t entirely pleased with the amendments to the rules governing the agency’s whistleblower program that became final in… Read More
Category: Blog Posts Tags: Barney Frank, Charles Dodd, Dodd Frank Bounty, dodd-frank, Form F-1, Form S-1, Gary Gensler, Going Public, SEC Action, SEC Administrative Proceeding, SEC Attorney, SEC Award, SEC Bounty, SEC Claim, SEC Defendant, SEC Defense, SEC Division of Enforcement, SEC enforcement, SEC Fraud, SEC Injunction, SEC Law Firm, SEC Lawsuit, SEC Lawyer, SEC Litigation, SEC Penny Stock Bar, SEC Trading Suspension, SEC Whistleblower, SEC whistleblower Award, SEC whistleblower bounty, Securities Attorney, Securities Fraud, Securities Law Defense, Securities Lawyer, trading suspension, Unregistered Dealer, whistleblower
SEC Charges Unregistered Dealers Alexander Dillon, Cosmin Panait, Larry Adams and Salvador Rosillo
On Friday, August 13th, the Securities and Exchange Commission (the “SEC”) filed charges against GPL Ventures LLC, GPL Management LLC, Alexander J. Dillon, Cosmin I. Panait (the “GPL Defendants”), HempAmericana, Inc, Salvador E. Rosillo, Seaside Advisors, LLC, and… Read More
Category: Blog Posts Tags: Abraham Abu, AEPT, Alexander J Dillon, Allan Smethers, American Energy Partners Inc, Awareness Consulting Network LLC, Beacon Capital LLC, Charlie Abujudeh, Chris Benz, Common Sense Holdings LLC, Cosmin I Panait, Dodd Frank Bounty, dodd-frank, Edris A Mendez, FLES, Form F-1, Form S-1, GD Entertainment & Technology Inc, GDET, Get OTC Current, Going Public, GPL Management LLC, GPL Ventures LLC, HempAmericana Inc, HMPQ, Image Product Inc, IMTL, Intermarket Associates LLC, ITNS, Itonis Inc, John Forsythe III, Joseph Kahlon, Kathy Benz, Korinton LLC, Larry Adams, Lawrence B Adams, Mark Cheung, OC Sparkle Inc, Odyssey Group Inc, ODYY, Paul Benz, Quantum Capital LLC, Richard Edelson, Salvador Rosillo, Sam Joudeh, SDEC, Seaside Advisors LLC, SEC Action, SEC Administrative Proceeding, SEC Attorney, SEC Award, SEC Bounty, SEC Claim, SEC Defendant, SEC Defense, SEC Division of Enforcement, SEC enforcement, SEC Fraud, SEC Injunction, SEC Law Firm, SEC Lawsuit, SEC Lawyer, SEC Litigation, SEC Penny Stock Bar, SEC Trading Suspension, SEC Whistleblower, SEC whistleblower Award, SEC whistleblower bounty, Securities Attorney, Securities Fraud, Securities Law Defense, Securities Lawyer, SGMD, Smart Decision Inc, Soham Awon, SPO Global Inc, SPOM, Stock Scalping, Sugarmade Inc, TGRR, The 4 Less Group Inc, Tiger Reef Inc, toxic funding, trading suspension, Tri-Bridge Ventures LLC, Tribridge Ventures LLC, Ubiquitech Software Corp, UBQU, Unregistered Dealer, unregistered dealers, XR Energy Inc, XRED
Emerging Growth Company Status and the Going Public Process
Going public offers many benefits to companies seeking to grow their business, including: Enhanced ability to raise capital, Liquidity for founders and shareholders, Increased visibility Improved financial position, Enhanced credibility, Enhanced ability to attract and retain employees and… Read More
Category: Blog Posts Tags: Emerging Growth Company, FINRA 6490, FINRA Corporate Action Request, FINRA Rule 6490, Form F-1, Form F-1 Registration Statement, Form S--1 filing, Form S-1, Form S-1 Attorney, Form S-1 Attorneys, Form S-1 Lawyer, Form S-1 lawyers, Form s-1 registration statement filing, Form S-1. Registration Statement, Go Public, Go Public Direct, Going Public, going public transactions, IPO, Public, Register Securities, Registration Statement, Reverse Merger, Reverse Merger Transaction, Reverse Mergers, SEC, SEC Registration, SEC Registration Statement, SEC Reporting Requirements, Section 12(b), Section 12(g), Securities Exchange Act, securities offerings
SEC Obtains Default Judgment in Edgar Hacking Case
On July 29, 2021, the United States District Court for the District of New Jersey entered a default judgment against Oleksandr Ieremenko and Andrey Sarafanov, who were charged in connection with a scheme to trade on nonpublic earnings… Read More
Category: Blog Posts Tags: Andrey Sarafanov, Business Wire, Depository Trust Company, Direct Listing, Direct Public Offering, Dodd Frank Bounty, dodd-frank, DPO, DTC, EDGAR system, FINRA, Form 10, Form 10 Registration Statement, Form 10-K, Form 10-Q, Form 211 and Amended 15c-211, Form 8-K, Form F-1, Form S-1, Form S-1. Registration Statement, Go Public, Going Public, Going Public Direct, Grey Sheets, hacker, hacking scheme, initial public offering, IPO, Market Maker, Marketwired, Most Wanted, nasdaq, Nasdaq Capital Market, Newswire, nyse, Oleksandr Ieremenko, OTC Markets, OTC Markets Pink, Periodic Reporting, Public Company, Registration Statement, Reverse Merger, reward, rule 15c-211, Russia, SEC, SEC Action, SEC Administrative Proceeding, SEC Attorney, SEC Award, SEC Bounty, SEC Claim, SEC Defendant, SEC Defense, SEC Division of Enforcement, SEC enforcement, SEC Fraud, SEC Injunction, SEC Law Firm, SEC Lawsuit, SEC Lawyer, SEC Litigation, SEC Penny Stock Bar, SEC Periodic Reporting, SEC Registration Statement, SEC Trading Suspension, SEC Whistleblower, SEC whistleblower Award, SEC whistleblower bounty, Securities Act, Securities Attorney, Securities Exchange Act of 1934, Securities Fraud, Securities Law Defense, Securities Lawyer, stock exchange, trading suspension, Ukraine, Underwriter, United States Secret Service, Unregistered Dealer, Unsolicited quotes
Understanding the September 28 Amended Rule 15c2-11 Deadline
As the summer of 2021 enters its final months, investors in the U.S. over-the-counter market and OTC issuers themselves await the rollout of the amended Securities and Exchange Commission (“SEC”) Rule 15c2-11 on September 28. The rule is… Read More
Category: Blog Posts Tags: 15c-211, amended rule, Cass Sanford, custodianships, Dan Zinn, Dodd Frank Bounty, dodd-frank, Expert Market, FINRA, FINRA Rule 15c2-11, Form 211, Grey Market, OTC Markets Group, OTCIQ, OTCM, OTCQX, pink sheets, Rule 15c2-11, SEC Action, SEC Administrative Proceeding, SEC Attorney, SEC Award, SEC Bounty, SEC Claim, SEC Defendant, SEC Defense, SEC Division of Enforcement, SEC enforcement, SEC Fraud, SEC Injunction, SEC Law Firm, SEC Lawsuit, SEC Lawyer, SEC Litigation, SEC Penny Stock Bar, SEC regulations, SEC Trading Suspension, SEC Whistleblower, SEC whistleblower Award, SEC whistleblower bounty, Securities Attorney, Securities Fraud, Securities Law Defense, Securities Lawyer, Shell Company, trading suspension, Unregistered Dealer
SEC Pursues Unregistered Dealers, Toxic Financing, Toxic Convertible Notes
2020 has been a historic year for Securities and Exchange Commission (“SEC”) enforcement action against toxic lenders as unregistered dealers.
Category: Blog Posts Tags: broker-dealer, Chicago Venture Partners LP, convertible note lender, Dilution, financing, FINRA, Ibrahim Almagarby, Iliad Research and Trading LP, JDF Capital Inc, JMJ Financial, John Fierro, John M. Fife, Justin Keener, litigation, Microcap Equity Group LLC, Microcap Stock, OTC Markets, Penny stocks, public Issuer, reverse split, scam, SEC, SEC Complaint, SEC enforcement action, Section 15(a), securities, Securities and Exchange Commission, securities attorneys, Securities Exchange Act of 1934, St George Investments LLC, stock price, Tonaquint Inc, Toxic Convertible Note, toxic financing, Toxic Financings, toxic funding, Toxic Lender, toxic lenders, toxic lending, transfer agents, Typenex Co-Investment LLC, Unregistered Dealer, unregistered dealers
SEC charges former Nikola CEO with securities fraud
On July 29th, the Securities and Exchange Commission (the “SEC”) announced charges against Trevor R. Milton, the founder, former CEO and former executive chairman of Nikola Corporation, for repeatedly disseminating false and misleading information – typically by speaking… Read More
Category: Blog Posts Tags: Dodd Frank Bounty, dodd-frank, Indictment, Nikola, Nikola Corporation, SEC Action, SEC Administrative Proceeding, SEC Attorney, SEC Award, SEC Bounty, SEC Claim, SEC Defendant, SEC Defense, SEC Division of Enforcement, SEC enforcement, SEC Fraud, SEC Injunction, SEC Law Firm, SEC Lawsuit, SEC Lawyer, SEC Litigation, SEC Penny Stock Bar, SEC Trading Suspension, SEC Whistleblower, SEC whistleblower Award, SEC whistleblower bounty, Securities Attorney, Securities Fraud, Securities Law Defense, Securities Lawyer, Social Media, SPAC, trading suspension, Trevor Milton, Trevor R Milton, Unregistered Dealer
SEC Charges Charlie Abujudeh in Microcap Fraud Scheme Targeting Retail Investors
On July 22, 2021, the Securities and Exchange Commission (the “SEC”) filed an emergency action charging California resident Charlie Abujudeh with running microcap fraud schemes targeting retail investors. According to the SEC’s complaint, filed in the U.S. District… Read More
Category: Blog Posts Tags: beatpennystocks, Boiler Room, BRZL, CannaPharmaRx Inc, Charlie Abujudeh, CPMD, CZA Inc, dearwallstreet, Dodd Frank Bounty, dodd-frank, HQ Global Education Inc, HQGE, IBGR, Indictment, Intermarket Associates LLC, ITNS, Itonis Inc, makepennystocksgreatagain, market risking llc, marketprofitcenter, Nexus Energy Services Inc, Odyssey Group International Inc, ODYY, Penny stocks, phone center, protraderelite, Quantum Capital Funding LLC, Scepter Holdings Inc, SEC Action, SEC Administrative Proceeding, SEC Attorney, SEC Award, SEC Bounty, SEC Claim, SEC Defendant, SEC Defense, SEC Division of Enforcement, SEC enforcement, SEC Fraud, SEC Injunction, SEC Law Firm, SEC Lawsuit, SEC Lawyer, SEC Litigation, SEC Penny Stock Bar, SEC Trading Suspension, SEC Whistleblower, SEC whistleblower Award, SEC whistleblower bounty, Securities Attorney, Securities Fraud, Securities Law Defense, Securities Lawyer, Stock Promotion, stockoftheweek, thewolfofpennystocks, trading suspension, Unregistered Dealer
SEC charges Marlon Muller with stock manipulation
On July 15th, the Securities and Exchange Commission (the “SEC”) announced charges against Marlon Muller for engaging in a pattern of coordinated trading intended to artificially raise and sustain the price of microcap issuer EMS Find, Inc…. Read More
Category: Blog Posts Tags: Aaron Carter, Adrian Thomas, Amarium Technologies Inc, AMMG, Calissio Resources Inc, Cannabiz Mobile Inc, Chuck Arnold, CRGP, Dodd Frank Bounty, dodd-frank, Don Paradiso, EMS Find Inc, EMSF, FLST, Fuelstream Inc, George Lambro, Integrated Ventures Inc, INTV, LGBI, Marlon Muller, Mexico, mining, Mirador Consulting LLC, Penny Stock, Rene Galizio, scam, SEC Action, SEC Administrative Proceeding, SEC Attorney, SEC Award, SEC Bounty, SEC Claim, SEC Defendant, SEC Defense, SEC Division of Enforcement, SEC enforcement, SEC Fraud, SEC Injunction, SEC Law Firm, SEC Lawsuit, SEC Lawyer, SEC Litigation, SEC Penny Stock Bar, SEC Trading Suspension, SEC Whistleblower, SEC whistleblower Award, SEC whistleblower bounty, Securities Attorney, Securities Fraud, Securities Law Defense, Securities Lawyer, stock manipulation, Stock Tips, Summit Trading Limited, trading suspension, Ulrik Debo, Unregistered Dealer
TD Ameritrade puts out list of liquidation only stocks ahead of September 28, 2021 Rule 15c-211 amendments
On September 28, 2021, new amendments to Rule 15c-211 under the Securities Exchange Act of 1934 go into effect to enhance investor protection and improve issuer transparency. These amendments will restrict the ability of market makers to publish… Read More
Category: Blog Posts Tags: 15c-211, 15c2-11, amendment, Blue Sky, broker-dealer, broker-dealers, Dodd Frank Bounty, dodd-frank, FINRA, FINRA Rule 15c2-11, Form 211, Form 211 and Amended 15c-211, Form 211 Attorney, Form 211 Attorneys, Form 211 Lawyer, Form 211 Lawyers, Form F-1, Form S-1, Going Public, Grey Sheets, liquidation only, Market Maker, otc, OTC Markets and Sponsoring Market Maker, OTC Markets Pink, Penny stocks, Regulation A, Regulation A Secondary Sales, Regulation A Tier 2, Regulation A+. Tier 1, Reporting Company, rule 15c-211, Rule 15c2-11, SEC, SEC Action, SEC Administrative Proceeding, SEC Attorney, SEC Award, SEC Bounty, SEC Claim, SEC Defendant, SEC Defense, SEC Division of Enforcement, SEC enforcement, SEC Fraud, SEC Injunction, SEC Law Firm, SEC Lawsuit, SEC Lawyer, SEC Litigation, SEC Penny Stock Bar, SEC Reporting, SEC Reporting Requirements, SEC Trading Suspension, SEC Whistleblower, SEC whistleblower Award, SEC whistleblower bounty, Securities Attorney, Securities Fraud, Securities Law Defense, Securities Lawyer, Sponsoring Market Maker, TD Ameritrade, trading suspension, Unregistered Dealer, Unsolicited quotes
SEC charges former CEO and CFO of FTE Networks, Inc with accounting fraud
Today, July 15, 2021, the Securities and Exchange Commission (the “SEC”) charged the former CEO and CFO of FTE Networks, Inc. (“FTE”), a network infrastructure company formerly based in Naples, Florida, with conducting a multi-year accounting fraud. The… Read More
Category: Blog Posts Tags: Accounting Fraud, Convertible Notes, David Lethem, Dodd Frank Bounty, dodd-frank, embezzlement, fraud, FTE, FTE Networks Inc, Indictment, Michael Palleschi, scam, SEC Action, SEC Administrative Proceeding, SEC Attorney, SEC Award, SEC Bounty, SEC Claim, SEC Defendant, SEC Defense, SEC Division of Enforcement, SEC enforcement, SEC Fraud, SEC Injunction, SEC Law Firm, SEC Lawsuit, SEC Lawyer, SEC Litigation, SEC Penny Stock Bar, SEC Trading Suspension, SEC Whistleblower, SEC whistleblower Award, SEC whistleblower bounty, Securities Attorney, Securities Fraud, Securities Law Defense, Securities Lawyer, trading suspension, Unregistered Dealer
SEC Suspends Trading in 55 Abandoned Issuers in Sweeping Order
Today, the Securities and Exchange Commission (the “SEC”) suspended trading in 55 publicly traded penny stock companies because of public interest concerns. According to the Order, all 55 issuers have stopped making public disclosures putting their operating status… Read More
Category: Blog Posts Tags: ACNI, BMMX, BWBA, CAPB, CDWD, CNHA, Dodd Frank Bounty, dodd-frank, EESI, EFLI, EIHC, ELCI, ENAB, EQUI, ESDF, GAHD, GLRP, GNRD, HOTF, HSTG, IMNG, JALA, KHZM, KMWE, MGMA, MMTS, MPIN, MYSL, NMOC, NUTTQ, ODMO, OEDVQ, OHAQ, OMMH, OMRX, OPMC, ORYX, OTED, PALS, PLKT, PNBC, PNNB, PSTRQ, PTRO, RFNS, SEC Action, SEC Administrative Proceeding, SEC Attorney, SEC Award, SEC Bounty, SEC Claim, SEC Defendant, SEC Defense, SEC Division of Enforcement, SEC enforcement, SEC Fraud, SEC Injunction, SEC Law Firm, SEC Lawsuit, SEC Lawyer, SEC Litigation, SEC Penny Stock Bar, SEC Trading Suspension, SEC Whistleblower, SEC whistleblower Award, SEC whistleblower bounty, Securities Attorney, Securities Fraud, Securities Law Defense, Securities Lawyer, SEIL, SIII, SWRI, SYVN, TCEC, TLLEQ, TMOL, trading suspension, Unregistered Dealer, VIAP, VSRV, WDKA, WPHM, XXFPL
SEC Charges Three Individuals with Insider Trading
On July 9th, the Securities and Exchange Commission (the “SEC”) charged three individuals with insider trading in advance of an announcement by Long Blockchain Company (formerly known as Long Island Iced Tea Co.) that it was going to… Read More
Category: Blog Posts Tags: Andrew Hackett, Annetta Budhu, Arias Intel Corp, Dodd Frank Bounty, dodd-frank, Eco Science Solutions Inc, Eric Watson, ESSI, Gannon Giguiere, insider trading, Kelvin Medical Inc, Kevin Gillespie, Kuldeep Sidhu, KVMD, LBCC, Long Blockchain Company Long Island Iced Tea Co, LTEA, Luke Zouvas, Michael Forster, Oliver Barret-Lindsay, SEC Action, SEC Administrative Proceeding, SEC Attorney, SEC Award, SEC Bounty, SEC Claim, SEC Defendant, SEC Defense, SEC Division of Enforcement, SEC enforcement, SEC Fraud, SEC Injunction, SEC Law Firm, SEC Lawsuit, SEC Lawyer, SEC Litigation, SEC Penny Stock Bar, SEC Trading Suspension, SEC Whistleblower, SEC whistleblower Award, SEC whistleblower bounty, Securities Attorney, Securities Fraud, Securities Law Defense, Securities Lawyer, trading suspension, Unregistered Dealer, Vikram Khanna
SEC sanctions Elaine A. Dowling and Harold P. Gewerter and charges Shawn Hackman in scheme to skirt a previous ban
On July 1st, the Securities and Exchange Commission (the “SEC”) filed charges against banned attorney Shawn F Hackman for violating a September 10, 2002 Commission Order that suspended him from appearing or practicing before the Commission as an… Read More
Category: Blog Posts Tags: attorney, box jobs, Daniel Chapman, Dodd Frank Bounty, dodd-frank, Elaine A Dowling Esq, Genovese, Harold P Gewerter Esq, Herbert Jacobi, James Farrell, Peter Berney, pump and dump, Robert Potter, scam, Sean Flanagan, SEC, SEC Action, SEC Administrative Proceeding, SEC Attorney, SEC Award, SEC Bounty, SEC Claim, SEC Defendant, SEC Defense, SEC Division of Enforcement, SEC enforcement, SEC Fraud, SEC Injunction, SEC Law Firm, SEC Lawsuit, SEC Lawyer, SEC Litigation, SEC Penny Stock Bar, SEC Trading Suspension, SEC Whistleblower, SEC whistleblower Award, SEC whistleblower bounty, Securities Attorney, Securities Fraud, Securities Law Defense, Securities Lawyer, Shawn Hackman, shell hijacker, trading suspension, Unregistered Dealer
SEC Charges Goldman Small Cap Research and its Owner for Failing to Disclose Compensation
On June 30, the Securities and Exchange Commission (the “SEC”) announced settled charges against Reuben Robert Goldman and his online stock promotion firm, Two Triangle Consulting Group LLC, which does business under the name Goldman Small Cap Research,… Read More
Category: Blog Posts Tags: anti-touting provisions, cashtag, Dodd Frank Bounty, dodd-frank, FINRA, Goldman Research, Goldman Small Cap Research, Penny Stock, Reuben Robert Goldman, SEC Action, SEC Administrative Proceeding, SEC Attorney, SEC Award, SEC Bounty, SEC Claim, SEC Defendant, SEC Defense, SEC Division of Enforcement, SEC enforcement, SEC Fraud, SEC Injunction, SEC Law Firm, SEC Lawsuit, SEC Lawyer, SEC Litigation, SEC Penny Stock Bar, SEC Trading Suspension, SEC Whistleblower, SEC whistleblower Award, SEC whistleblower bounty, Securities Attorney, Securities Fraud, Securities Law Defense, Securities Lawyer, Stock Promotion, stock tout, trading suspension, Twitter, Two Triangle Consulting Group LLC, Unregistered Dealer
SEC Suspends Trading in Enerkon Solar International Inc (ENKS)
On Wednesday, June 23rd, the Securities and Exchange Commission (the “SEC”) suspended trading in Enerkon Solar International Inc (ENKS). The Suspension Order cited multiple public interest concerns. Specifically, the lack of adequate and accurate information in Enerkon’s quarterly… Read More
Category: Blog Posts Tags: Avila P&H LLC, Benjamin Ballout, Castle Holding Corp, Cathy Collins, CHOD, CoviKlear Holdings, Dodd Frank Bounty, dodd-frank, Enerkon, Enerkon Solar International Inc, ENKS, Excelsior Consulting, GBEN, Global Resource Energy Inc, Jeff Greene, John V Cappello, Jon Baker, nominees, Oleh Uruskiy, OTC Markets, Patrick Thomas, pension, pump and dump, Radio Free Europe, scam, SEC Action, SEC Administrative Proceeding, SEC Attorney, SEC Award, SEC Bounty, SEC Claim, SEC Defendant, SEC Defense, SEC Division of Enforcement, SEC enforcement, SEC Fraud, SEC Injunction, SEC Law Firm, SEC Lawsuit, SEC Lawyer, SEC Litigation, SEC Penny Stock Bar, SEC suspension, SEC Trading Suspension, SEC Whistleblower, SEC whistleblower Award, SEC whistleblower bounty, Securities Attorney, Securities Fraud, Securities Law Defense, Securities Lawyer, share selling scheme, Solar plant, SpaceX, stock manipulation, Streamworx LLC, Thomas Collins, trading suspension, Ukraine, Unregistered Dealer, Vasthy Avila
OTC Markets Requests 15c-211 Disclosures by June 30
OTC Markets Pink companies will need to update their disclosure to ensure they comply with the new requirements. Alternative Reporting Companies: OTC Markets has updated the Disclosure Guidelines for Alternative Reporting Companies to include all the information… Read More
Category: Blog Posts Tags: 15c-211, Alternative Reporting Companies, OTC Markets, OTC Pink
