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Showing posts with the label Penny Stocks: Are Penny Stocks Legal

Penny Stocks: Are Penny Stocks Legal

They don’t trade on the main stock exchanges. They have not been approved by the SEC, but nor have they been disapproved by the SEC. They are labeled as a high-risk investments. Very little is even known about them, and they’re often used in Internet e-mail spam scams. …Are penny stocks even legal to invest in?