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Thursday, 06/29/2023 8:14:26 PM

Thursday, June 29, 2023 8:14:26 PM

Post# of 347555
SEC Charges Investment Adviser and Principal in Abusive Naked Short Selling Scheme.

https://www.sec.gov/news/press-release/2023-107

The SEC alleges that Sabby and Mintz attempted to game the system and make an illegal profit,” said Carolyn Welshhans, Associate Director of the SEC’s Division of Enforcement. “When someone uses naked shorts or other manipulative practices to cheat the market and investors, the SEC will ensure that they are held accountable.


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