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Friday, 02/26/2021 4:03:25 PM

Friday, February 26, 2021 4:03:25 PM

Post# of 45171
"SEC Suspends Trading in Multiple Issuers Based on Social Media and Trading Activity"

..the Securities and Exchange Commission today suspended trading in the securities of 15 companies because of questionable trading and social media activity.... "The SEC's recent suspensions of trading in nearly two dozen securities – including 15 today – are one facet of our ongoing efforts to police the market and protect investors," said Melissa Hodgman, Acting Director of the SEC's Division of Enforcement. "We proactively monitor for suspicious trading activity tied to stock promotions on social media, and act quickly to stop that trading when appropriate to safeguard the public interest. We also remind investors to exercise caution and do their diligence before investing generally, including in companies promoted on social media... "

https://www.sec.gov/news/press-release/2021-35

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