All-Tech Investment Accused Of Massive Securities Fraud
Traders Magazine, December 1998
All-Tech Investment Group, the electronic day-trading firm headed by Harvey Houtkin, has been accused of securities violations, including unauthorized trading and deceptive marketing techniques.
In an administrative complaint filed last month by Massachusetts securities regulators, the well-known SOES day-trading firm, founded by the charismatic Houtkin, is also accused of commingling customer funds and of forging signatures to open bogus accounts.
All TradersMagazine.com articles are archived after 7 days. REGISTER NOW for unlimited access to all recently archived articles, as well as thousands of searchable stories. Registered Members also gain access to exclusive industry white paper downloads, web seminars, online technology directory, the iPad App, and conference discounts. Qualified members may also choose to receive our free monthly magazine and any of our e-newsletters covering the latest breaking news, opinions from industry leaders, developing trends and trading strategies.