The Securities and Exchange Commission announced the temporary suspension of trading in the securities of QMMM Holdings. “The Commission temporarily suspended trading in the securities of QMMM because of potential manipulation in the securities of QMMM effectuated through recommendations, made to investors by unknown persons via social media to purchase the securities of QMMM, which appear to be designed to artificially inflate the price and volume of the securities of QMMM,” the agency said in a statement. The suspension terminates at 11:59 PM ET on October 10.
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