SEC Takes Enforcement Action Against Canadian Stock Manipulators

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Wednesday, April 1, 1998
Author: 
Bruce Zagaris
Volume: 
14
Issue: 
4
151-152
Abstract: 
On January 29, 1998, the Securities and Exchange Commission (SEC) took civil action against two former officers of MTC Electronic Technologies, Inc., a Canadian entity that traded on the Nasdaq, charging they made $16 million in a stock manipulation scam... [more]