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By Securities Docket on July 16, 2015, 4:09 pm
The Twitter/Bloomberg hoax is actually quite similar to a 1999 market manipulation impersonation hoax concerning a stock called PairGain and conducted with an eerily similar modus operandi. The PairGain hoax was followed by a string of other comparable online market manipulation schemes similarly using bogus websites and message board postings, all of which I chronicle […]
By Securities Docket on May 29, 2015, 8:44 am
A key senator has asked the Securities and Exchange Commission to explain how fake firms can file false notices on the agency’s electronic filing system that move share prices. Sen. Charles Grassley, an Iowa Republican and chairman of the Senate Judiciary Committee, sent the SEC a letter asking how fake firms can file false notices […]
By Securities Docket on April 24, 2013, 8:50 am
A fake tweet about an attack on the White House briefly roiled the financial markets on Tuesday afternoon, sending stocks tumbling within minutes and prompting the FBI and securities regulators to look into the hacking incident. A posting on the Twitter account of the Associated Press reported explosions at the White House that injured President […]
By Securities Docket on February 24, 2012, 6:29 pm
SEC warns of Whistleblower Office hoax email.
By Securities Docket on June 27, 2011, 8:06 pm
The fake SEC Litigation Release circulated last week is different than past hoaxes.
By Securities Docket on June 21, 2010, 11:21 am
Two rare “hoax press releases” were issued last week.