SEC Charges Two Individuals for Meme Stock Wash Trading
The Securities and Exchange Commission has charged two individuals for engaging in a fraudulent scheme designed to collect liquidity rebates from exchanges by wash trading put options of certain “meme stocks” in early 2021. The SEC’s complaint mentions stocks like GameStop, AMC Entertainment, Blackberry, and… Read More
Read more in: Politics, Legal & Regulation | Tagged enforcement, joseph sansone, meme stocks, sec, securities and exchange commission