Please Note: Blog posts are not selected, edited or screened by Seeking Alpha editors.

SEC Suspends Trading In 385 Microcap Shell Companies

A few days ago the Securities and Exchange Commission (SEC) announced the largest trading suspension in agency history. The agency halted 379 companies Monday, and another 6 companies later in the week. The SEC's previous largest trading suspension was an order in September 2005 that involved 39 companies.

Full Article: