Stock promoter

A stock promoter is someone paid to generate investor interest in a security. The role is legal; concealing the payment, or promoting stock the promoter is simultaneously selling, is not.

manipulation techniques · updated 2026-09-08

Where does stock promoter come up?

This term is used in the following manipulation techniques, each explained in full on its own page.

• Paid stock promotion — Paid stock promotion is publicising a security in exchange for compensation, which is lawful only if the fact of payment, the payer and the amount are fully disclosed under Securities Act Section 17(b).
• Boiler rooms — A boiler room is a high-pressure sales operation that sells securities to investors using scripted misrepresentations, converting a block of stock the operator holds into cash one call at a time.

Enforcement actions involving these techniques

See also

• Touting — Touting is publicising a security in exchange for compensation. It is lawful if the payment is fully disclosed and unlawful under …
• Section 17(b) — Section 17(b) of the Securities Act — the anti-touting provision — makes it unlawful to publicise a security for compensation with…

Terms that refer here

Boiler room · Touting

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