Thursday, January 07, 2010 4:19:02 PM
Manipulation is the act of creating a false market through matched trades and wash trades. Since I executed no trades impacting the market you in essence are wasting taxpayer money and one reason why the SEC rarely ever deals with OTC markets because they are bombarded with frivolous complaints just like the one you just sent. Here is the regulation btw..
Section 9(a)(2) of the Securities Act of 1934
http://www.law.uc.edu/CCL/34Act/sec9.html
1. For the purpose of creating a false or misleading appearance of active trading in any security registered on a national securities exchange, or a false or misleading appearance with respect to the market for any such security, (A) to effect any transaction in such security which involves no change in the beneficial ownership thereof, or (B) to enter an order or orders for the purchase of such security with the knowledge that an order or orders of substantially the same size, at substantially the same time, and at substantially the same price, for the sale of any such security, has been or will be entered by or for the same or different parties, or (C) to enter any order or orders for the sale of any such security with the knowledge that an order or orders of substantially the same size, at substantially the same time, and at substantially the same price, for the purchase of such security, has been or will be entered by or for the same or different parties.
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