Action against Defendants, a Taiwanese insurance company and former manager, for alleged manipulation of trading volume.  According to the SEC, Defendants used multiple brokerage accounts to fraudulently inflate trading volume in order to obtain a Nasdaq listing.  Defendant company has agreed to retain a compliance consultant.  The SEC did not impose a monetary penalty due to the Defendant company’s cooperation.   Defendant manager has agreed to pay a civil penalty of $30,000.

SEC Litigation Release 

SEC Complaint