SEC Charges Traders With Marijuana Stock Manipulation

Four stock traders have been charged by the U.S. Securities and Exchange Commission with manipulating shares of cannabis companies in a pump-and-dump scheme. The stocks affected include GrowLife and Hemp Inc., as well as some non-cannabis securities. The defendants allegedly used manipulative tactics to create the appearance of heavy trade volume, which in turn caused […]

SEC Charges Traders With Marijuana Stock Manipulation is a post from: Marijuana Business Daily - Legal, Financial and Dispensary News