WASHINGTON, Nov. 1 -- The Securities and Exchange Commission issued the following news release on Oct. 31, 2022: The Securities and Exchange Commission today charged six individuals, including a federal inmate, for conducting a freeriding scheme that defrauded multiple broker-dealers. The SEC's complaint alleges that from May 2019 to early January 2021, Syed Arham Arbab, 25, and five others made more than $2 million in bogus deposits from empty or underfunded bank accounts into various brokera  more