NSW man jailed for market manipulation (ASIC, 2015)

Status unknown

Machine-extracted, pending human review. The structured fields on this page were parsed automatically from the regulator's own release, linked below. Read the primary document before relying on any figure here, and tell us if something is wrong.

In 2015, the Australian Securities and Investments Commission brought an action against the named respondents, alleging conduct this library classifies as matched orders and price manipulation. The release does not state a monetary figure that we were able to extract. A parallel criminal matter is referenced in the release.

The record

Structured fields for this action, as recorded in our case library.
Agency	ASIC
Release number	15-271MR
Date filed	2015-09-25
Status	unknown
Criminal parallel	Yes
Defendants
Techniques	Matched orders , Price manipulation

What was ordered

Civil penalty: —
Disgorgement: —
Prejudgment interest: —
Total relief: —
Alleged gain: —

A dash means the release did not state a figure we could extract, not that the figure is zero. Penalty and disgorgement are stored separately so aggregates across the library do not double-count the same dollars.

What is alleged to have happened

the Australian Securities and Investments Commission announced this matter on September 25, 2015 as release 15-271MR. The respondents named are the named respondents.

This library tags the matter as matched orders and price manipulation, based on the conduct the regulator describes. Each tag links to a page explaining how that technique works, what statute it engages, and what penalties comparable actions have attracted. The tagging is ours, not the regulator's: agencies charge statutory provisions, not technique names.

The release references a parallel criminal proceeding. Where a criminal case exists, the civil and criminal outcomes are recorded separately, because they resolve on different standards of proof.

For the regulator's own account of the facts, read the primary document linked above. This page deliberately summarises the structured record rather than reproducing the release.

What technique is this, and how does it work?

This action is tagged with 2 techniques in our taxonomy. The tagging is ours: regulators charge statutory provisions, not technique names, so the mapping is an editorial judgement described in our editorial policy.

Matched orders — see how it works, what statute it engages, and every other action tagged the same way.
Price manipulation — see how it works, what statute it engages, and every other action tagged the same way.

Timeline

2015-09-25 ASIC media release

Primary documents

Everything on this page derives from the documents below. Where our summary and the primary document disagree, the primary document is right.

ASIC media release

The linked release is published by the issuing regulator under its own terms. Our summary and narrative above are our own writing.

Other actions in the library sharing at least one technique tag with this one.

Action	Agency	Filed	Technique	Penalty	Status
SEC v. George Matin (matched orders, 2019)	SEC	2019-09-25	Matched Orders , Paid Stock Promotion +2	—	settled
SEC v. Harold Minsky (matched orders, 2019)	SEC	2019-09-25	Matched Orders , Paid Stock Promotion +2	—	settled
Court reduces jail time for New South Wales man sentenced for market manipulation (ASIC, 2016)	ASIC	2016-02-29	Matched Orders , Price Manipulation	—	unknown
New South Wales man pleads guilty to market manipulation (ASIC, 2014)	ASIC	2014-10-16	Matched Orders , Price Manipulation	—	unknown
CFTC v. George Santos (price manipulation, 2026)	CFTC	2026-07-31	Price Manipulation	$35k	judgment
Victorian man sentenced in market manipulation case (ASIC, 2025)	ASIC	2025-12-12	Insider Trading , Price Manipulation +1	—	judgment

Record added September 9, 2026. submit a correction.