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Josh Harriman | March 9th, 2007
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No, this is not a new Monty Python skit. This is a real operation and is being implemented right now by the Securities and Exchange Commission (SEC). Operation Spamalot has halted trading in 35 companies. Their reason is basically that information regarding these companies have been spammed out through email to millions of people touting false or misleading information in order to drive up stock prices. We in Security Response have spoken of this phenomenon before in a couple of recent blogs, Spam and Stock Speculation and Trojan.Peacomm Part 2.

But now, the SEC has stepped in and is trying to put a stop to this activity...