Market Manipulation. Search

Market manipulation case library

This library records 3,272 market manipulation enforcement actions brought by financial regulators, each with the agency, the date, the alleged technique, the monetary relief ordered and a link to the regulator's own filing. The whole dataset is downloadable as JSON.

Actions
3,272
Total penalties
$16.7bn
Median penalty
$250k
Agencies
7
Techniques
49

Browse by facet

Every facet below is a real page with its own URL, so it works without JavaScript and can be linked, bookmarked and cited.

By technique

Insider trading 851 Ponzi schemes 474 Price manipulation 311 Misleading issuer disclosure 214 Matched orders 165 Unregistered distributions 157 Pump and dump 139 Spoofing 108 Wash trading 106 Undisclosed control blocks 93 Rule 105 offering shorts 85 Paid stock promotion 68 Boiler rooms 68 Front running 61 The naked short selling debate 35 Benchmark submission rigging 34 Marking the close 27 Social media ramps 26 Reverse merger schemes 25 Layering 24 Fake press releases 21 Free riding and parking 18 Mismarking 16 False rumours 15 Sham tender offers 15 Churning 14 Hack to trade 14 Newsletter scalping 13 EDGAR filing fraud 10 Shell factories 9 FX fixing 9 Paid crypto market making 8 Rigged binary options execution 8 Chat group pumps 7 Analyst manipulation 6 Settlement price manipulation 5 Hijacked-account ramping 4 Cornering 3 Short and distort 3 Cash versus derivatives schemes 3 Banging the close 3 Painting the tape 2 Engineered short squeeze 2 Exchange wash trading 2 Rug pulls 1 Insider listing trading 1 Oracle manipulation 1 Float locking 1 Momentum ignition 1

By agency

AMF-FR 209 ASIC 113 CFTC 334 FCA 48 OSC 68 SEBI 656 SEC 1844

By year filed

2026 137 2025 199 2024 266 2023 363 2022 492 2021 161 2020 192 2019 202 2018 245 2017 227 2016 202 2015 223 2014 145 2013 111 2012 8 2011 16 2010 14 2009 14 2008 17 2007 15 2006 9 2005 9 2004 5

Ranked lists: largest penalties · largest spoofing penalties · longest sentences · most-charged individuals · biggest crypto cases · most active courts

All actions, newest first

Action Agency Filed Technique Penalty Status
AMF France v. C, D, E, F, G, A, B and Banque Transatlantique (insider trading, 2016) AMF (France) 2016-12-07 Insider Trading — judgment
SEC v. Marc Winters (insider trading, 2016) SEC 2016-12-02 Insider Trading $31.9k settled
CFTC v. Former CBOE Member Alvin (ponzi schemes, 2016) CFTC 2016-11-30 Ponzi Schemes $12.4m judgment
SEC v. Shervin Neman and Neman Financial, Inc. (ponzi schemes, 2016) SEC 2016-11-29 Ponzi Schemes — judgment
SEC v. Blackbird Capital Partners, Kelley and Shumway (ponzi schemes, 2016) SEC 2016-11-28 Ponzi Schemes $50k judgment
SEC v. Dennis Ira Ringer (unregistered distributions, 2016) SEC 2016-11-23 Unregistered Distributions $25k settled
SEC v. Capital Financial Partners, Allen and Daub: guilty pleas (ponzi schemes, 2016) SEC 2016-11-22 Ponzi Schemes — judgment
CFTC v. Navinder Singh Sarao (layering, 2016) CFTC 2016-11-17 Layering , Price Manipulation +1 $25.7m judgment
SEC v. Sanjay Valvani and Gordon Johnston (insider trading, 2016) SEC 2016-11-14 Insider Trading — settled
CFTC v. Navinder Singh Sarao (spoofing, 2016) CFTC 2016-11-09 Price Manipulation , Spoofing — settled
SEC v. Eric McPhail and Douglas Parigian (insider trading, 2016) SEC 2016-11-09 Insider Trading $148k judgment
SEC v. Herbert K. Sudfeld (insider trading, 2016) SEC 2016-11-09 Insider Trading — judgment
SEC v. Steven R. Markusen and Jay C. Cope (marking the close, 2016) SEC 2016-11-09 Marking The Close , Churning $200k judgment
SEC v. Dubovoy, et al. (hack to trade, 2016) SEC 2016-11-02 Hack To Trade — settled
SEC v. Anthony Andrade, et al. (insider trading, 2016) SEC 2016-11-01 Insider Trading $150k judgment
SEC v. Daniel Christian Stanley Powell (ponzi schemes, 2016) SEC 2016-11-01 Ponzi Schemes — judgment
SEC v. Nicholas H. Shermeta and Napa Properties, LLC (2016) SEC 2016-11-01 $50k settled
SEC v. Michael L. Reger (undisclosed control blocks, 2016) SEC 2016-10-31 Undisclosed Control Blocks $750k settled
SEC v. Curt Kramer and Hope Capital, Inc. (unregistered distributions, 2016) SEC 2016-10-27 Unregistered Distributions $100k settled
SEC v. Christopher Salis, et al. (insider trading, 2016) SEC 2016-10-21 Insider Trading — settled
SEC v. James C. Cope, Esq. (insider trading, 2016) SEC 2016-10-21 Insider Trading — settled
SEC v. Artis Capital Management, L.P. and Michael W. Harden (insider trading, 2016) SEC 2016-10-13 Insider Trading $2.6m settled
SEC v. Deutsche Bank Securities Inc. (analyst manipulation, 2016) SEC 2016-10-12 Analyst Manipulation $9.5m judgment
SEC v. Richard Weed, Coleman Flaherty III and Thomas Brazil (pump and dump, 2016) SEC 2016-10-04 Pump And Dump , Reverse Merger Schemes — judgment
CFTC v. Cifuentes, Wee and Cifuentes Fund Management (ponzi schemes, 2016) CFTC 2016-09-30 Ponzi Schemes $1.8m judgment
OSC v. Saileshwar Rao Narayan and others (ponzi schemes, 2016) OSC 2016-09-30 Ponzi Schemes — judgment
SEC v. Ikenna Ikokwu and his firms (2016) SEC 2016-09-30 $80k judgment
SEC v. Jason W. Galanis, et al. (matched orders, 2016) SEC 2016-09-30 Matched Orders — settled
SEC v. Louis T. Buonocore, Jeremy R. Draper, Frank J. Morelli, III, Berardino "Dino" Paolucci, Jr. and Don L. Rose (matched orders, 2016) SEC 2016-09-30 Matched Orders $3.3m judgment
SEC v. Marcus A. Luna, et al. (boiler rooms, 2016) SEC 2016-09-30 Boiler Rooms , Pump And Dump $15k judgment
SEC v. Vladimir Eydelman and Steven Metro (insider trading, 2016) SEC 2016-09-30 Insider Trading $1.2m settled
SEC v. Nino Coppero del Valle et al. (insider trading, 2016) SEC 2016-09-29 Insider Trading $113k settled
SEC v. Robert Gadimian (insider trading, 2016) SEC 2016-09-29 Insider Trading — settled
CFTC v. SG Americas Securities (wash trading, 2016) CFTC 2016-09-28 Wash Trading $750k judgment
SEC v. Craig V. Sizer, and Miguel Mesa (boiler rooms, 2016) SEC 2016-09-28 Boiler Rooms — settled
CFTC v. Advanced Trading Workshop (2016) CFTC 2016-09-27 $470k settled
SEC v. Jason A. Wallace (boiler rooms, 2016) SEC 2016-09-27 Boiler Rooms , Pump And Dump $435k judgment
SEC v. Frank P. Barucci (insider trading, 2016) SEC 2016-09-26 Insider Trading $31.3k settled
SEC v. Frank S. Barucci (insider trading, 2016) SEC 2016-09-26 Insider Trading $56k settled
SEC v. Syed A. Hashim (insider trading, 2016) SEC 2016-09-26 Insider Trading $35.7k settled
SEC v. Vijay S. Rajan (insider trading, 2016) SEC 2016-09-26 Insider Trading $27.9k settled
SEC v. Colin Whelehan and Sheren Tsai (insider trading, 2016) SEC 2016-09-22 Insider Trading $47.8k settled
SEC v. Frank Tamayo (insider trading, 2016) SEC 2016-09-21 Insider Trading — settled
SEC v. Saleem Khan et al. (insider trading, 2016) SEC 2016-09-21 Insider Trading $7.6m judgment
Former Sydney investment banker charged with procuring insider trading (ASIC, 2016) ASIC 2016-09-20 Insider Trading — dismissed
SEC v. Mark A. Jones (ponzi schemes, 2016) SEC 2016-09-20 Ponzi Schemes $160k judgment
CFTC v. JSC VTB Bank and VTB Capital PLC Jointly (wash trading, 2016) CFTC 2016-09-19 Wash Trading $5m judgment
SEC v. Cliffe R. Bodden (2016) SEC 2016-09-16 — settled
SEC v. Fusion Pharm, Inc. (undisclosed control blocks, 2016) SEC 2016-09-16 Undisclosed Control Blocks — settled
SEC v. Microcap Management LLC, Bayside Realty Holdings LLC and Meadpoint Venture Partners, LLC (undisclosed control blocks, 2016) SEC 2016-09-16 Undisclosed Control Blocks — settled
SEC v. William J. Sears (undisclosed control blocks, 2016) SEC 2016-09-16 Undisclosed Control Blocks — settled
SEC v. Tod A. Ditommaso, Esq. (undisclosed control blocks, 2016) SEC 2016-09-16 Undisclosed Control Blocks , Unregistered Distributions $1.5k settled
SEC v. Steven Metro (insider trading, 2016) SEC 2016-09-14 Insider Trading — judgment
SEC v. BOKF, NA (2016) SEC 2016-09-09 $600k settled
SEC v. Dennis W. Hamilton (insider trading, 2016) SEC 2016-09-07 Insider Trading $584k settled
SEC v. Contrarian Press, LLC, Scott S. Fraser, and Nathan Yeung (paid stock promotion, 2016) SEC 2016-09-06 Paid Stock Promotion $200k judgment
SEC v. Dennis Wayne Hamilton (insider trading, 2016) SEC 2016-08-30 Insider Trading $584k settled
Former director of joint venture partner charged with insider trading offences (ASIC, 2016) ASIC 2016-08-26 Insider Trading — judgment
FCA v. Peter Charles Johnson Individual (benchmark submission rigging, 2016) FCA 2016-08-26 Benchmark Submission Rigging — judgment
SEC v. Cedric Cañas Maillard (insider trading, 2016) SEC 2016-08-24 Insider Trading $834k judgment
SEC v. Curtis A. Peterson (ponzi schemes, 2016) SEC 2016-08-23 Ponzi Schemes $7.5k settled
SEC v. Richard Weed, Coleman Flaherty III and Thomas Brazil (pump and dump, 2016) SEC 2016-08-23 Pump And Dump , Reverse Merger Schemes $150k judgment
SEC v. John W.R. Miller (2016) SEC 2016-08-22 $50k settled
SEC v. J. Patrick O'Neill and Robert H. Bray (insider trading, 2016) SEC 2016-08-18 Insider Trading — settled
SEC v. Sean Stewart (insider trading, 2016) SEC 2016-08-18 Insider Trading — settled
CFTC v. Steven A. Cohen (registration restricted, failure to supervise, 2016) CFTC 2016-08-16 — settled
SEC v. Damon M. Barnes and Cathy S. Barnes (ponzi schemes, 2016) SEC 2016-08-16 Ponzi Schemes — settled
SEC v. Daniel J. Bean (ponzi schemes, 2016) SEC 2016-08-16 Ponzi Schemes $7.5k settled
SEC v. Jeremy D. Barnes (ponzi schemes, 2016) SEC 2016-08-16 Ponzi Schemes — settled
SEC v. John L. Shipley (ponzi schemes, 2016) SEC 2016-08-16 Ponzi Schemes $7.5k settled
SEC v. Joshua M. Beauregard and Jennifer M. Beauregard (ponzi schemes, 2016) SEC 2016-08-16 Ponzi Schemes — settled
SEC v. Paul T. Rampoldi , et al. (insider trading, 2016) SEC 2016-08-12 Insider Trading — settled
SEC v. Patrick Churchville and ClearPath Wealth Management (ponzi schemes, 2016) SEC 2016-08-05 Ponzi Schemes — judgment
SEC v. Edward J. Kosinski (insider trading, 2016) SEC 2016-08-04 Insider Trading — settled
SEC v. Dubovoy et al.: Leonid Momotok guilty plea (hack to trade, 2016) SEC 2016-08-04 Hack To Trade — settled
CFTC v. John D. Briner and MetroWest Law Corporation (matched orders, 2016) CFTC 2016-08-02 Matched Orders $280k judgment
SEC v. Diane D. Dalmy, Esq. (unregistered distributions, 2016) SEC 2016-07-29 Unregistered Distributions — judgment
SEC v. Jeffery A. McCollum and JNL Oilfield Instruments, LLC (ponzi schemes, 2016) SEC 2016-07-27 Ponzi Schemes $160k settled
SEC v. Herbert K. Sudfeld, Jr. (insider trading, 2016) SEC 2016-07-26 Insider Trading — judgment
SEC v. Traffic Monsoon and Charles Scoville (ponzi schemes, 2016) SEC 2016-07-26 Ponzi Schemes $2.4m judgment
SEC v. Yi Chen, CPA (insider trading, 2016) SEC 2016-07-26 Insider Trading $34.7k settled
SEC v. Thomas D. Melvin, et al. (insider trading, 2016) SEC 2016-07-25 Insider Trading $146k settled
SEC v. John Steven Blount (ponzi schemes, 2016) SEC 2016-07-22 Ponzi Schemes — settled
FCA v. Gavin Duncan Paul Breeze (insider trading, 2016) FCA 2016-07-15 Insider Trading — settled
SEC v. Deven Sellers and Roland Barrera (ponzi schemes, 2016) SEC 2016-07-14 Ponzi Schemes — judgment
AMF France v. Getco Europe Ltd (price manipulation, 2016) AMF (France) 2016-07-08 Price Manipulation — judgment
SEC v. Thomas W. Avent, Jr., Raymond J. Pirrello, Jr., and Lawrence J. Penna (insider trading, 2016) SEC 2016-07-08 Insider Trading $312k judgment
CFTC v. Matthew J. Marcus and Tech Power Inc. (matched orders, 2016) CFTC 2016-07-07 Matched Orders $250k judgment
AMF France v. A (price manipulation, 2016) AMF (France) 2016-07-05 Price Manipulation — judgment
CFTC v. Garcia, DG Wealth Management and Quanttra (ponzi schemes, 2016) CFTC 2016-07-05 Ponzi Schemes $7.5m judgment
SEC v. Luis Martin-Caro Sanchez (2016) SEC 2016-07-05 — filed
SEC v. Andrew F. Kerr (insider trading, 2016) SEC 2016-06-29 Insider Trading — settled
AMF France v. AB Science S.A. and A (false or misleading information, 2016) AMF (France) 2016-06-28 Misleading Issuer Disclosure — judgment
CFTC v. Former CBOE Member Alvin Guy Wilkinson and his Connecticut-based Entities (ponzi schemes, 2016) CFTC 2016-06-28 Ponzi Schemes $12.4m judgment
SEC v. Chris Faulkner and others (Breitling Energy, 2016) SEC 2016-06-24 Price Manipulation , Marking The Close — settled
SEC v. Malcolm Segal (ponzi schemes, 2016) SEC 2016-06-24 Ponzi Schemes — judgment
SEC v. Idris D. Mustapha (hijacked account ramping, 2016) SEC 2016-06-22 Hijacked Account Ramping — filed
SEC v. Mitchell Brown (pump and dump, 2016) SEC 2016-06-21 Pump And Dump — judgment
SEC v. James S. Hannon (insider trading, 2016) SEC 2016-06-20 Insider Trading $26.7k settled
SEC v. StratoComm Corporation, et al. (unregistered distributions, 2016) SEC 2016-06-17 Unregistered Distributions $150k appealed