SEC promises crackdown on "free lunch" scams
SEC promises crackdown on "free lunch" scams
The SEC will lead a crackdown on the "free lunch" -- investment scams aimed at the elderly. SEC Chairman Christopher Cox told the Consumer Federation of America that his agency would try to remedy the problem through investor education, aggressive enforcement and targeted examinations.
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http://registeredrep.com/news/SEC_Targets_Investment_Traps_Set_For_Seniors/
posted by Victor Lloyd Smith @ 11:28 AM
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