cease-trade order

PP Blog Tag archives on references to "cease-trade order."

Man, 85, Accused Of Selling Unregistered Securities In ‘Shipwreck’ Venture; Recidivist Huckster Hawked Sunken-Treasure Offer While Banned Because Of Previous Misconduct, BCSC Says

Man, 85, Accused Of Selling Unregistered Securities In 'Shipwreck' Venture; Recidivist Huckster Hawked Sunken-Treasure Offer While Banned Because Of Previous Misconduct, BCSC Says

Ten years ago, when John Arthur Roche McLoughlin was about 75 years old, the British Columbia Securities Commission accused him of selling unregistered securities in a venture known as Grandby Development Corp., a purported fertilizer company. BCSC imposed a five-year ban that prohibited McLoughlin from acting as a director or officer of any issuer. Because […]

BULLETIN: Now, A Multimillion-Dollar ‘Penny-Stock’ Scheme Operating On Facebook, Twitter; SEC Charges Two Canadians In ‘Scalping Scam’

BULLETIN: Now, A Multimillion-Dollar 'Penny-Stock' Scheme Operating On Facebook, Twitter; SEC Charges Two Canadians In 'Scalping Scam'

UPDATED 1:58 P.M. EDT (U.S.A.) The SEC has obtained an emergency order to freeze the assets of two Montreal residents, alleging they were pushing a penny-stock scheme through their website and on Facebook and Twitter. Named defendants in the alleged scheme were Carol McKeown and Daniel F. Ryan, whom the SEC described as a Canadian […]