Market Manipulation. Search

SEC v. George Matin (matched orders, 2019)

Settled

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 2019, the Securities and Exchange Commission settled an action with George Matin, alleging conduct this library classifies as matched orders, paid stock promotion, price manipulation and undisclosed control blocks. The release does not state a monetary figure that we were able to extract.

The record

Structured fields for this action, as recorded in our case library.
Agency SEC
Release number 3-19521
Date filed 2019-09-25
Date resolved 2019-09-25
Status settled
Asset class equities
Venue OTC
Criminal parallel No
Defendants George Matin (individual)
Techniques Matched orders , Paid stock promotion , Price manipulation , Undisclosed control blocks

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 Securities and Exchange Commission announced this matter on September 25, 2019 as release 3-19521. The respondents named are George Matin (1 individual, 0 entities).

This library tags the matter as matched orders, paid stock promotion, price manipulation and undisclosed control blocks, 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 conduct is recorded against equities, with OTC identified in the release.

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 4 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.

Timeline

  1. 2019-09-25 Administrative proceeding instituted (cease-and-desist)

Primary documents

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

The linked release is a work of the United States government and is not subject to copyright. 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. Harold Minsky (matched orders, 2019) SEC 2019-09-25 Matched Orders , Paid Stock Promotion +2 settled
SEC v. Dean Shah et al. (paid stock promotion, 2022) SEC 2022-04-15 Paid Stock Promotion , Undisclosed Control Blocks filed
SEC v. Joel Stohlman, et al. (matched orders, 2020) SEC 2020-09-30 Matched Orders , Paid Stock Promotion filed
SEC v. Michael J. Starkweather and Andiamo Corporation, William White (matched orders, 2019) SEC 2019-10-17 Matched Orders , Paid Stock Promotion filed
SEC v. Chip Hackley (matched orders, 2019) SEC 2019-09-25 Matched Orders , Undisclosed Control Blocks unknown
SEC v. Eric T. Landis et al. (matched orders, 2018) SEC 2018-11-29 Matched Orders , Paid Stock Promotion filed

Record added September 8, 2026. submit a correction.