*Letters

SIA Submits Comments to the SEC on Deterring Microcap Fraud

Published on:
April 28, 1998

The Federal Regulation Committee and Self-Regulation Committee of the Securities Industry Association (SIA)* provide comments to the Securities and Exchange Commission (SEC) on proposed amendments tocertain SEC rules in an attempt to combat microcap fraud, Release No. 34-39455. SIA believes the proposal currently contains some flaws that could inadvertently work against its purpose of deterring microcap fraud. SIA offers recommendations that would make the proposal an effective tool against microcap fraud.
*SIFMA is the product of a merger between the Securities Industry Association (SIA) and The Bond Market Association (TBMA) in 2006.

Details

Download

More Content

  • Amicus Briefs
    Oct 05, 2026

    In re The Boeing Company Securities Litigation

  • Letters
    Oct 05, 2026

    Reducing Duplicative Regulation and Expanding Exemptions for Commodity Pool Operators and Commodity Trading Advisors

    SIFMA AMG comments on CFTC proposals to reduce duplicative regulation for certain CPOs and CTAs and account for inflation.
  • Letters
    Sep 30, 2026

    Proposed Rule Change to Amend FINRA Rules 0150, 2165, 4512 and to Adopt FINRA Rule 2166

    SIFMA Comments to SEC in support of the proposed rule changes to improve the utilization of Rules 2165 and 4512, as well as the new Rule 2166 to allow for a temporary delay for suspected fraud.

Get the latest trends, stats, and research on financial markets and securities.