Litigation: SEC Charges Florida Man in Fraudulent 'Free-Riding' Scheme
May 14, 2024
May 14, 2024
WASHINGTON, May 14 -- The Securities and Exchange Commission issued the following litigation release (No. 8:24-cv-01145; M.D. Fl. filed May 13, 2024) involving Tyrone Johnny Lacy Jr.:
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The Securities and Exchange Commission announced today that it charged 25-year-old Tyrone Johnny Lacy, Jr. ("Lacy") of Sefner, Florida with conducting a fraudulent "free-riding" scheme in which he took advantage of credits offered by certain broker-dealers to buy . . .
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The Securities and Exchange Commission announced today that it charged 25-year-old Tyrone Johnny Lacy, Jr. ("Lacy") of Sefner, Florida with conducting a fraudulent "free-riding" scheme in which he took advantage of credits offered by certain broker-dealers to buy . . .