SEC And CFTC Crack Down On Internet-Based Financial Fraud

METHODS & REGULATIONS

TWO US-based regulatory authorities, the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC), have recently taken action against financial fraudsters operating on the Internet.

According to a spokesperson for the CFTC, three activities have attracted the attention of its recently formed Internet surveillance group: misrepresenting a legal securities offering; illegally selling securities not listed by an exchange; and offering trading advice despite

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: