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Re: VeronicaFox post# 117945

Thursday, 09/14/2017 12:47:52 PM

Thursday, September 14, 2017 12:47:52 PM

Post# of 123645
That "case" was never posted with any definition of what occurred other than a manipulation provided by more than one person.

The claim has been that the SEC was relevant on the meaning on "Manipulating a security's price".

The Investigation of a stock trading scheme is not the trading of a penny stock on the close or open unless it is performed by multiple people and with multiple volumes!

This is what was written here which was completely out of any "manipulation being illegal" as stated!

The Commission's complaint....alleged that the defendants participated in a scheme to manipulate and inflate the price of XXXXXX stock....The complaint alleged that the defendants artificially raised and maintained the price of XXXXXX stock and created a false or misleading appearance with respect to the market for XXXXXX stock through manipulative practices such as placing buy orders at or near the close of the market in order to inflate the reported closing price (marking the close)....

FYI, I just posted a case that was posted here earlier this week: https://investorshub.advfn.com/boards/read_msg.aspx?message_id=134618326




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