Penny Stock Exchange Links

SEC Files Fraud Actions Against Fuel, Wireless Firms (Law.com via Yahoo! Finance)

The Atlanta Regional Office of the Securities and Exchange Commission has filed fraud actions against two Southeastern companies -- Mobile Ready Entertainment and U.S. Sustainable Energy Corp. -- alleging they engaged in "pump-and-dump" schemes in which companies distribute bogus information to pump up share prices, only to dump the stock and leave investors with huge losses.

Home Sales Plunge, Stock Prices Follow (BusinessWeek)

A bigger-than-expected drop in June sales and Ford's worst earnings report ever weigh on the market

Several state banks' stocks tumble to 'penny stock' levels (BizJournals)

A number of Alabama-based banks' shares are considered "penny stocks" - a moniker given to a company with shares trading below $5.

SEC Files Fraud Actions Against Fuel, Wireless Firms (Law.com)

The Atlanta Regional Office of the Securities and Exchange Commission has filed fraud actions against two Southeastern companies -- Mobile Ready Entertainment and U.S. Sustainable Energy Corp. -- alleging they engaged in "pump-and-dump" schemes in which companies distribute bogus information to pump up share prices, only to dump the stock and leave investors with huge losses. An SEC director ...

`There`s no backtracking on NMCE deal` (Business Standard India)

The Bombay Stock Exchange (BSE) has seen some major changes at the top, with chairman Shekhar Datta and industrialist Jamshyd Godrej, both members of the exchange's governing board, and CEO Ashok Kumar Raut resigning in quick succession.