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Sep 6, 2024 · This page lists recent SEC trading suspensions. The federal securities laws allow the SEC to suspend trading in any stock for up to ten trading days when the SEC determines that a trading suspension is required in the public interest and for the protection of investors.
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Feb 26, 2021 · As part of its continuing effort to respond to potential attempts to exploit investors during the recent market volatility, the Securities and Exchange Commission today suspended trading in the securities of 15 companies because of questionable trading and social media activity.
Dec 14, 2021 · The federal securities laws generally allow the SEC to suspend trading in any stock for up to ten business days. This bulletin answers some of the typical questions we receive from investors about trading suspensions.
- What Is Suspended Trading?
- Understanding Suspended Trading
- Examples of Suspended Trading
Suspended trading occurs when the U.S. Securities and Exchange Commission(SEC) intervenes in the market to halt trading activity due to serious concerns about a company’s assets, operations, or other financial information.
The SEC has the authority to suspend the trading of a security for up to ten trading days to protect investors under Section 12(k) of the Securities Exchange Act of 1934. The SEC will make the decision to do this based on an investigation and will then issue a press release detailing the reason for the suspension. During the ten-day period, the SEC...
There are several instances of suspended trading in recent history. Perhaps the most famous such case was the Enron scandalthat came to light in 2001. The company’s stock price crashed and was trading in pennies within a couple of days. Enron subsequently filed for bankruptcy later that year, and the NYSE suspended trading in Enron’s shares the fol...
Feb 26, 2021 · The U.S. securities regulator on Friday suspended trading in the securities of 15 companies because of "questionable trading and social media activity," the latest in a string of...
Feb 27, 2021 · The U.S. Securities and Exchange Commission suspended trading in 15 companies on Friday, citing questionable trading and social media activity.
The SEC on Friday suspended trading in the securities of 15 companies because of what it called questionable trading stemming from social media activity.
