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SEC Charges Four in Scheme to Artificially Gin Up Demand for Stock

SECURITIES-AND-EXCHANGE-COMMISSION-facebook SEC said this rise was due to manipulation

“Manipulative and deceptive conduct undermines the integrity of our markets,” said Antonia Chion, Associate Director in the SEC’s Division of Enforcement. “The charges announced today demonstrate our commitment to unraveling even the most sophisticated international schemes that exploit retail investors.”