6min chapter

Patrick Boyle On Finance cover image

Pump and Dump Schemes are Now Totally Legal

Patrick Boyle On Finance

CHAPTER

Analyzing the Legal and Economic Aspects of Pump and Dump Schemes in Modern Markets

The chapter delves into the influence of social media on pump and dump schemes, the role of US securities laws in regulating fraud, and the importance of accurate information and market integrity to investors. It also explores legal doctrines related to fraud and manipulation in securities markets, the reliance on market prices, and the implications of the fraud on the market theory.

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