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SEC Launches Task Force Targeting Foreign Pump-and-Dump Schemes Threatening US Investors

The SEC is unleashing an aggressive new task force to target foreign-based companies exploiting U.S. markets through pump-and-dump and ramp-and-dump manipulation schemes. Cross-Border Pump-and-Dump Schemes Prompt SEC Enforcement Action The U.S. Securities and Exchange Commission (SEC) announced on Sept. 5 the launch of a Cross-Border Task Force to enhance the Division of Enforcement’s efforts to […] Also read: Pete Davidson and Casey Affleck Team Up for Bitcoin Thriller ‘Killing Satoshi’