Tuesday, November 08. 2022
SEC Updates PAUSE List
The PAUSE List enables investors to avoid becoming a victim of fraud by informing them of soliciting entities that have been the subject of investor complaints. The PAUSE list also flags entities who are impersonating registered securities firms as well as bogus regulators who falsely claim to be government agencies or affiliates. The latest additions are firms that the SEC has found to be using inaccurate information about their affiliation, location, or registration.
Inclusion on the PAUSE list does not mean the SEC has found violations of federal securities laws or made any judgment against the entity. The PAUSE list is periodically updated by the SEC’s Office of Market Intelligence. The SEC advises investors to use the following resources to educate themselves about fraud:
- Social Media and Investment Fraud – Investor Alert
- Watch Out for Fake COVID-19 Claims When Investing -- Investor Alert
- Beware of Communications Falsely Appearing to Come from the SEC – Investor Alert
- Investor.gov
Source:
SEC Updates List of Firms Using Inaccurate Information to Solicit Investors (sec.gov)