Top Wall Street Regulators Warn Against Coronavirus Investment Scams

Wellness Matrix Group did not respond to questions about its SEC suspension.

"The SEC has no experience or expertise regarding vaccine development," said Boonen, though he said he understood the commission"is simply trying to do its job.", the other co-director of the enforcement division, says suspending trading in a company's stock is one of the more serious steps the SEC can take.

People might assume that the days of financial con-men cold calling gullible investors to buy penny stocks are long gone. In fact, the boiler room has simply shifted to the internet message boards.

What about the senators? Are they going to jail?

Heads up SenatorBurr SenatorLoeffler

The public is not the problem here

They sent Martha Stewart 2 prison 4 this. Think any of them will see jail time ?

Yay they are 4weeks too late....

Bckrda There are a few senators from Georgia that need their stock portfolios reviewed.

Cool, so when is KLoeffler going to face charges?

So are they investigating the fed buying junk bonds?

They're obviously not, however.

Maybe they should look at the well-timed stock sales of GOP Senators and Pelosi's husband. Just a thought.

Better late than never I guess.

So are they investing the fed buying junk bonds?

Add the TrumpCrimeSyndicate TrumpKushnerCrimeFamily SEC

can't take the SEC seriously until they go after fraudulent companies like $TSLA $TSLA.Q $GE

Nothing surprises me anymore. But I cannot stop dropping my jaw in shock at all of this and everything happening with COVID19

$ZOOM LMFAO

They should start with a few of our US Senators.

They should try and look harder. If profiteering via death isn't a crime, it should be.

Does that include Trump?

Ireland Ireland Latest News, Ireland Ireland Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

The definitive collection of top Wall Street stock picks as coronavirus ravages markets - Business InsiderThese lists of stock picks come from Wall Street titans like Goldman Sachs, Morgan Stanley, and Bank of America.
Source: BusinessInsider - 🏆 729. / 51 Read more »

Wall Street jumps as hopes for easing lockdown offset earnings worryU.S. stocks jumped on Tuesday as optimism that the Trump administration could move to ease lockdowns from the coronavirus outbreak overshadowed worrying earnings reports from JPMorgan and Wells Fargo. And this is why the message is on repeat. (previously it was an Easter opening)
Source: Reuters - 🏆 2. / 97 Read more »

Wall Street falls on dour economic data, corporate earningsU.S. stocks fell on Wednesday as dismal economic data and first-quarter earnings reports compounded concerns over the extent of damage from the coronavirus outbreak. US stocks close lower as coronavirus toll slams earnings , economic data. But it was the best economy ever! If it was that great, it wouldn't have collapsed so quickly. Duhhh, and the Wall Street wizards couldn’t have predicted this a long time ago!
Source: Reuters - 🏆 2. / 97 Read more »

‘It’s a complete abomination’ says Wall Street money manager about hedge funds applying for bailouts from small-business recovery fundsThe Bloomberg News article makes the case that hedge funds, which tend to charge 2% fees for managing other people’s money and take 20% of the profits from... Eat the rich I'll just leave this here. Think there’s irony in the fact that hedge funds supposedly don’t have the liquidity for running operations . Avarice knows no limits
Source: MarketWatch - 🏆 3. / 97 Read more »