“This case demonstrates the SEC’s ability to quickly investigate and expose complex trading schemes, including those conducted during times of significant market volatility,” added Sansone.
Lee agreed to settle the charges against him. He consented to the entry of an order requiring him to pay $51,334 in disgorgement, plus $515 in prejudgment interest, and a civil monetary penalty of $25,000. He also agreed to stop violating the anti-fraud provisions of the federal securities laws.
The Commission’s lawsuit against Go is ongoing.
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