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The U.S. Securities and Exchange Commission has promised trading halts, lawsuits and other probes in its efforts to curb manipulation in the penny stock market--and halt a tsunami of e-mails touting these questionable securities.
FORBES: Magazine Article
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Penny Stocks can help you beat the stock market!
FORBES: The High Price Of Speeding
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We count 2, 998 new issues in the last ten years (excluding penny-stock deals), with an average relative-to-market score of only 94.
FORBES: The IPO Market Heats Up
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The creditor says McLaughlin tried to pay off a debt with common stock in his company, even recommending a Boca Raton, Fla. broker, since sanctioned for penny-stock scams, who could supposedly sell the shares on the open market.
FORBES: Sleeping Cops At SEC Give Bio Willie Operator A Pass