Investors lose billions on US penny stocks as ‘pump and dump’ scams multiply
A handful of Nasdaq-listed Chinese companies crashed last month after heavy promotion on social media
Related reading
Nasdaq to tighten rules on small stocks after suspected ‘pump and dump’ scams
Technology-heavy exchange has grappled with rise in volatile trading related to US-listed Chinese companies
Chinese IPOs in US falter amid scrutiny of manipulation schemes
Regulators crack down after trading in ‘toxic’ small-cap stocks from China inflicted losses on US investors
SEC targets US firms tied to suspected Chinese ‘pump and dump’ scams
Regulators put accounting and underwriting groups in crosshairs after FT report on billions of dollars lost
Private capital: what are the risks?
As investors seek to retrieve their money, the $22tn industry rejects comparisons with 2008. Regulators aren’t so sure
US investors push for special funds to avoid Chinese tech
Institutional clients increasingly want so-called parallel funds that exclude certain assets
How to invest in a stock market bubble
The three lessons I learned as a professional money manager