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Litigation: SEC Charges Unregistered Investment Advisers With Fraud for Misleading Stock Touts, Manipulative Trading
December 11, 2024
WASHINGTON, Dec. 11 -- The Securities and Exchange Commission issued the following litigation release (No. 1:24-cv-09308; S.D.N.Y. filed Dec. 6, 2024) involving David Banister, et al.:

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The Securities and Exchange Commission announced today it filed charges against David Banister of Middletown, Rhode Island and an entity he controls, The Market Analysts Group, LLC, for conducting a fraudulent scheme to promote long-term investment in a Nasdaq-listed issuer without . . .

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