The SEC Warns About the Bootleg SECJust a friendly reminder, kids, there is only ONE Securities and Exchange Commission (you can generally smell it from a mile away). Don't fall for it.
The staff of the United States Securities and Exchange Commission (SEC) is issuing this Investor Alert about an entity calling itself the “U.S. Securities and Equities Administration” and other similar names, including the “U.S. Securities Administration” or the “U.S. Securities Bureau.” In conversations with members of the public, the entity may have represented that its address is 225 Franklin Street, Boston, Massachusetts. The entity also claims to operate a website at www.gov.ussea.us. It appears that this entity may be requesting up-front fees to remove purported restrictions on shares of stock that investors own, or to release funds purportedly being held by the U.S. government on investors’ behalf.
Investors should beware that these entities are not United States government agencies and are not affiliated with the United States Securities and Exchange Commission.
Ya get that? Beware of fakes.