The Securities and Exchange Commission (SEC) announced in a press release on March 8 that it has suspended trading in securities of 35 pink sheet companies that have been the subject of recent stock spam campaigns. Stock spam has increased in volume in recent times and now represents a significant percentage of what we see each day. In 2006 alone we saw more than 300 different stocks being spammed.
Posted on Tuesday, March 13th, 2007 at 4:22 pm and under category News.
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