SEC crackdown ends Wild West days of private stock trades

Posted by & filed under Business Analytics, IT Trends.

Discussion:  Private stocks will no longer be traded on a secondary market free of regulation.  On March 14, the SEC announced that it was filing charges against four of the major firms involved in the trading.  Acts such as making false statements, “improper self-dealing” and making “secret commissions” are no longer going to be overlooked… Read more »