asensio.com aids Congressional investigation into AMEX stock fraud

Congressman John D. Dingell wrote a series of letters citing the work of Manuel P. Asensio to request information from the Securities and Exchange Commission about stock fraud at the American Stock Exchange and to ask for an investigation and report by the U.S. General Accounting Office.

Congressman Dingell’s most recent letter, dated November 13th, states, “The Securities and Exchange Commission recently confirmed that Amex failed to follow its own guidelines in listing more than two dozen stocks this year…  Mr. Asensio describes an alleged fraudulent scheme… that includes allegations about the possible involvement of Amex leaders and members.”

Click here to read all of Congressman’s Dingell’s AMEX letters.

Posted in Investor Advocacy

Manuel Asensio doesn’t bet often. But when he does, it’s wise to pay attention.

Paul Kaihla
eCompany Now
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About Our Founder
Learn more about asensio.com's founder, Manuel P. Asensio, and the website's origins. Click here to be directed to Mr. Asensio’s professional biography.
Media Record
Click here to see selected articles that discuss asensio.com's work and its unique legacy. asensio.com also strives to maintain a complete record of articles dealing with the companies that are the subject of asensio.com research.
Investment Record
Click here to view a list of the companies that have been subjects of asensio.com reporting and click here to see the complete investment record.
Asensio and FINRA
Asensio & Company, Inc. and Manuel P. Asensio are the only dedicated short sellers ever to have been members of FINRA. This unique-minority membership created complications in the regulatory relationship. Being the first activist short investors and among the first FINRA member firms with a website added to the complexity. A statement by Mr. Asensio is available here. Information necessary to obtain a meaningful understanding of the dispute is available in complete form HERE.