The SEC recently initiated litigation against the controlling shareholder of two (2) public companies for causing those companies to issue false and misleading press releases. In its complaint against this individual, the SEC claims that over a several month period of time, he caused the companies to issue press releases and other public disclosures containing false and misleading information. The SEC charges that during this period of time there was a suspicious increase in the trading volume and share prices of the companies in question.
Tag: Securities Exchange Act of 1934
The Securities Exchange Act of 1934 is a law governing the secondary trading of securities (stocks, bonds, and debentures) in the United States of America. The Act and related statutes form the basis of regulation of the financial markets and their participants in the United States. The 1934 Act also established the Securities and Exchange Commission (SEC), In our blog articles, Coral Capital Partners takes a look at news, information, and issues surrounding the Exchange Act of 1934, with a particular area of interest in violations of the Act that occur as a result of fraud or other attempts at securities manipulation.
Securities Lawyers Deskbook and Informational Sources
The Securities Lawyers Deskbook, published by the University of Cincinnati College of Law, has been a standard for professional in the securities industry. The Securities Lawyers Deskbook is currently being updated. Coral Capital Partners has published links to the various sites and regulations previously available through the Securities Lawyers Deskbook. Our goal is to provide a comprehensive source of links and reference information for businesses and other members of the investment community. We will be periodically updating and expanding the information provided.