50 Cent May Face SEC Investigation for Stock Tweets

50 Cent may see himself in front of the Security Exchange Commission (SEC) over some stock advice he gave out to his 3.8 million twitter followers.

As previously reported, the hip-hop mogul earned close to $8.7 million in his latest investment, H&H Imports, which owns TV Goods—the company that owns the marketing rights to the Queens rapper’s Sleek by 50 Cent headphones. Many believe the interest was generated by Fif’s tweets. ““You can double your money right now. Just get what you can afford” and “They are no joke get in now.”

According to the New York Post, 50′s involvement helped the HNHI stock jump from $0.10 per share at the market’s opening yesterday to $0.39 per share when it closed; the spike translated to an $8.7 million earning for Fif, who owns 30 million shares.

“There are very strict guidelines as to what a person can do in terms of possibly manipulating the value of a stock,” financial expert and 60-Minute Money Workout author Ellie Kay told FOX411. “I don’t think it would be a huge surprise to anyone if 50 Cent were investigated for what he did.”

“We can neither confirm nor deny” an investigation is taking place, a SEC rep told Fox News. 50 Cent has yet to comment on the situation, but his tweets in question have been removed. They have been replaced with this: “HNHI is the right investment for me it may or may not be right for u! Do ur homework,” as well as, “I own HNHI stock thoughts on it are my opinion. Talk to financial advisor about it.” —Elan Mancini

  • Jay Cole

    LOL! People making my nigga 50 richer!

    • G-UNOT KILLA

      BULLSHIT 50 GAVE ME $45 OFF THAT SHIT!

  • max

    lmao he gonna do jail time fo insider trading .. call him martha stewart

  • that nigga

    This is fuckin stupid, cant promote your own products!! I understand it, but think its stupid. You promote your album, people buy it, whats the difference? Martha got illegal tips to sell stocks cuz they were dropping, this dude tryna get people to buy in on his company and thats a problem? Someone please enlighten me, maybe I really dont get it? AND I AM NOT A 50CENT FAN!!

  • Diamond D

    @ that nigga the SEC and stock market is not to be confused with passing out concert flyers and CDs on the corner block. It is very regulated and requires certified licenses and disclosures to promote stocks publicly. Obvi 50 didn’t consult with his legal eagles and may have shit on himself bragging about the doe he made. Watch Wall Street 1, “blue horseshoe loves Anacot Steel”..he’ll get fined out the ass and a sock stuffed in his mouth for being on Front Street

  • sealsaa

    “the hip-hop mogul earned close to $8.7 million in his latest investment,”

    ^Straight from the stock market to the Jew Unit’s pockets for legal defense.

  • Don mcCaine

    “he’ll get fined out the ass and a sock stuffed in his mouth for being on Front Street”

    “Straight from the stock market to the Jew Unit’s pockets for legal defense.”

    ^ and he’ll get ALL of it back selling them headphones…

  • Worley

    “blue horseshoe loves Anacot Steel”

    Exactly. It’s called a pump and dump.

  • Sha

    If you see my previous comments from the other day about this, I TOLD CATS THAT DUDE WAS IN SERIOUS TROUBLE!!! Trust me…. I’ve held investment licenses.

    Contrary to what everyone thinks, when you enter the investment arena there are different rules to be followed. And the rules are…..

    YOU DON’T GIVE OUT INVESTMENT ADVICE WITHOUT POSSESSING AN INVESTMENT LICENSE (Series 6/7 License). PERIOD!!!!!

    All yall 50 fans can basically shut up on this one….. If 50 had the knowledge (or at least stopped talking with his inside voice) he could have avoided this one.

    @$yk……

    Dude….. You don’t understand the hazards of Investments. It’s not the fact that 50 doesn’t have the capability to make this loot back. It’s about being put on THE SECURITIES AND EXCHANGE COMMISSION’S SHIT LIST.

    This will basically open up all of 50′s investment deals to intense scrutiny. ALL OF THEM!!! It is the equivalent of AN AUDIT BY THE I.R.S. FOR INVESTORS.

    50 may end up losing a substantial amount of previous loot he made because if there is ANY doubt, the SEC will collect that penalty. Remember that Vitamin Water deal? 50 just opened the flood gate to be audited on that.

    Cats don’t understand. This one stupid move by 50 could literally break what he has built.

  • http://www.myspace.com/dmacz D,Macs

    man no one man should have all that power i mean it is what it is i actually had a dream 50 took over the world and i guess its come true so to 50 i see you ma nigga

  • Che3sedadon

    he would only fall victim to an investigation if he actually profitted from said tweets by placing a large sell order of the stock, (taking profit) he hasn’t done so, then he’s good to go…so hopefully he had someone tell him to not place any circumstancial sell orders

  • Zb

    Damn the stock hit 1.68 today (then crashed)!! That means his stake went up to $50 MIL!! You betta believe the SEC is on this