Business
ASIC issues stern warning about social media pump and dump posts – Sydney Morning Herald
Shortly after the regulator’s warning a little known ASX stock saw its share price jump 7800 per cent after a flurry of promotional…
The corporate watchdog has issued a stern warning to companies, brokers and traders about social media users coordinating illegal pump and dump activities in listed stocks to pocket big profits.
The Australian Securities and Investments Commission said…
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