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    After dissecting the data for over hundred cases, the authors found that market maker

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    Three years ago, the Journal of Business published an academic paper about stock market manipulation. Let me challenge you to answer the following question correctly:

    In the study, what types of people were most likely to be involved in market manipulation? Large shareholders owning 5% or more of the manipulated stock? Brokers? Small speculators? Corporate insiders?

    After dissecting the data for over hundred cases, the authors found that market makers

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    In the study, what types of people were most likely to be involved in market manipulation? Large shareholders owning 5% or more of the manipulated stock? Brokers? Small speculators? Corporate insiders?

    After dissecting the data for over hundred cases, the authors found that market maker

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    hat types of people were most likely to be involved in market manipulation? Large shareholders owning 5% or more of the manipulated stock? Brokers? Small speculators? Corporate insiders?

    After dissecting the data for over hundred cases, the authors found that market maker

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    s owning 5% or more of the manipulated stock? Brokers? Small speculators? Corporate insiders?

    After dissecting the data for over hundred cases, the authors found that market maker

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    After dissecting the data for over hundred cases, the authors found that market makers and underwriters were each involved in about one in ten situations – large shareholders almost one third of the time, insiders in just under half of the manipulations, and brokers in over 60% of the cases (the total is more than 100% as people from different categories often cooperated in order to influence stock prices).

    Small speculators? Zilch. Everyone seems to h

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