SEC orders suspension of JM Group securities trading
The Securities and Exchange Commission (SEC) today ordered the suspension of trading in the securities of JM Group Limited (JMG).
The regulator explained that the public interest and the protection of investors require the suspension.
JMG is a holding company incorporated in the British Virgin Islands and headquartered in Hong Kong.
The SEC said that the action reflects the potential manipulation in the securities of JMG effectuated through recommendations made to investors by unknown persons via social media to purchase, hold, and/or sell the securities of JMG, which appear to be designed to artificially inflate the price and trading volume of the securities of JMG.
Trading in the securities of the above-listed company is suspended for the period from 4:00 AM ET on January 15, 2026, through 11:59 PM ET on January 29, 2026.
