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I-Glow

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Re: Adude post# 67951

Thursday, 06/06/2019 2:42:51 PM

Thursday, June 06, 2019 2:42:51 PM

Post# of 96915
SEC targets fake stock news on financial websites

The U.S. Securities and Exchange Commission on Monday announced a crackdown on alleged stock promotion schemes in which writers were secretly paid to post hundreds of bullish articles about public companies on financial websites.

Twenty-seven individuals and entities, including a Hollywood actress, were charged with misleading investors into believing they were reading "independent, unbiased analyses" on websites such as Seeking Alpha, Benzinga and Wall Street Cheat Sheet.

Yes, Seeking Alpha is notorious for fake pumping news.

IG



"Are you gonna pull those pistols or whistle Dixie?"

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