The Securities and Exchange Commission (SEC) and Department of Justice (DOJ) separately announced charges against individuals who reaped more than $194 million in illicit proceeds by orchestrating an international stock manipulation scheme involving numerous U.S. issuers.

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Jaclyn Jaeger is a freelance contributor to Compliance Week after working for the company for 15 years. She writes on a wide variety of topics, including ethics and compliance, risk management, legal,...