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....

Law360 is on it, so you are, too.

A Law360 subscription puts you at the center of fast-moving legal issues, trends and developments so you can act with speed and confidence. Over 200 articles are published daily across more than 60 topics, industries, practice areas and jurisdictions.


A Law360 subscription includes features such as

  • Daily newsletters
  • Expert analysis
  • Mobile app
  • Advanced search
  • Judge information
  • Real-time alerts
  • 450K+ searchable archived articles

And more!

Experience Law360 today with a free 7-day trial.

Start Free Trial

Already a subscriber? Click here to login

Hello! I'm Law360's automated support bot.

How can I help you today?

For example, you can type:
  • I forgot my password
  • I took a free trial but didn't get a verification email
  • How do I sign up for a newsletter?
Ask a question!