SEC Stock Promotion Busts Snare Well-known Players in Microcap IR and Media

The Securities and Exchange Commission is cracking down on investor relations firms that promote investment in emerging growth companies without disclosing that they are getting paid to tout their stock. On Monday April 10 the regulator announced a sweep of enforcement cases against executives at IR firms and the writers they hired to write bullish articles on penny stock companies masked as unbiased analyses which were posted on online investment websites including Seeking Alpha, The Street, Motley Fool and Benzinga.

AltaVista’s Clients Speak Out (Part 3 of 3)

Growth Capitalist interviewed four founders of startups that have filed Reg A offerings this year through AltaVista Capital Markets, a year-old Los Angeles-based firm founded by a securities promoter recently banned from the industry that has been involved in a flurry of recent filings by companies seeking to raise capital via Reg A.