Tag: stock manipulation schemes
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URGENT >> BULLETIN >> MOVING: SEC Says Latvian Trader Hatched ‘Online Account Intrusion Scheme’ And Manipulated Prices Of More Than 100 NYSE And Nasdaq Securities
URGENT >> BULLETIN >> MOVING: In a case that raises grave security concerns, the SEC has gone to federal court in San Francisco, alleging that a 34-year-old Latvian trader who held positions in multiple stocks “hijacked” the online accounts of customers at large broker-dealers and made trades in the accounts to manipulate prices and pocket…