Author: Mark J. Astarita

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SEC Suspends Trading in Inactive Issuer Touted on Social Media

The Securities and Exchange Commission today suspended trading in an inactive company amid questions surrounding online promotion of the company’s securities and recent trading activity. The SEC’s trading suspension order states that since late January… Read the Full Press Release Have a securities law question? Call Sallah Astarita & Cox […]

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Melissa Hodgman Named Acting Director of Division of Enforcement

The Securities and Exchange Commission today announced Melissa R. Hodgman, currently an Associate Director in the Commission’s Division of Enforcement, has been named Acting Director of the Division of Enforcement. “Melissa’s dedication to investor… Read the Full Press Release Have a securities law question? Call Sallah Astarita & Cox at […]

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Analysis of Robinhood, Gamestop and Reddit Issues

 The New York State Bar Association has just featured an analysis of the issues surrounding the Gamestop saga titled “What Is the SEC Going To Do About GameStop?” authored by Joshua Bautz, Esq. from the SEC law firm of Sallah Astarita & Cox, LLC. Josh discusses the potential federal securities […]

New accredited investor definition
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SEC Charges Three in Digital Asset Frauds

he Securities and Exchange Commission today charged three individuals with defrauding hundreds of retail investors out of more than $11 million through two fraudulent and unregistered digital asset securities offerings. According to the SEC’s complaint, filed in U.S. District Court for the Eastern District of New York, from approximately December […]

sec examinations
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Gamestop Investigations?

 By now, all of our readers are aware of the dramatic rise in Gamestop’s stock, after a short squeeze generated by the retail investors from Reddit. The question I am hearing most now, is, will the SEC do something about it. Interesting question – but I have to answer with […]