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Browse: Home / 2015 / November / 07 / SEC, DOJ Pursue Scottish Trader for ‘False Tweets’ | Compliance Week

SEC, DOJ Pursue Scottish Trader for ‘False Tweets’ | Compliance Week

By Securities Docket on November 7, 2015, 2:27 pm

Market manipulation is nothing new, of course, but both the SEC and DOJ pursued a social media-age method of illegally moving the market last week when they brought securities fraud charges against a Scottish trader whose allegedly used “false tweets” to caused the stock prices of two companies to plunge.

via SEC, DOJ Pursue Scottish Trader for ‘False Tweets’ | Compliance Week

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Posted in Criminal, SEC, Top | Tagged Manipulation, Twitter

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