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Microcap & Penny Stocks : Scambusters -- Ignore unavailable to you. Want to Upgrade?


To: Arcane Lore who wrote (142)6/18/1998 10:46:00 PM
From: Arcane Lore  Read Replies (3) | Respond to of 178
 
NASD wants authority to halt trading of OTC:BB shares to crack down on fraud:

" 'Halts are an effective remedy and it would give us the ability to do something quickly,' said Barry R. Goldsmith, an executive vice president at NASD's regulatory arm."

"Currently, only the U.S. Securities and Exchange Commission can stop trading in shares on the OTC-Bulletin Board, a loosely regulated electronic quote service operated by the NASD."

ohio.com



To: Arcane Lore who wrote (142)9/8/1998 8:56:00 PM
From: Arcane Lore  Read Replies (3) | Respond to of 178
 
An interesting quote from an article describing formation of a 100+ person taskforce looking for Internet investment scams:

"About 130 complaints roll into the SEC's enforcement complaint center every day from people asking the agency to investigate companies, individuals and, sometimes, fellow investors. "We already have cases open on almost 30 percent of those complaints," Stark said."

amcity.com:80/dayton/stories/090798/story8.html