SEC Hits Airline Exec For $1M Over Stock Sales

By Melissa Daniels ( August 15, 2016, 7:21 PM EDT) -- A finance executive for development-stage airline Baltia Air Lines reached a $1 million settlement with the U.S. Securities and Exchange Commission over allegations that he acted as an unregistered broker for stock sales, the agency announced on Monday, saying the deal also restricts his future business activities for a year....

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