Market Manipulation. Search

Free riding and parking enforcement actions

This library records 18 enforcement actions tagged free riding and parking. Free riding and parking covers placing securities in a nominee's name while keeping the real economic interest, in order to disguise ownership, evade position limits or defeat resale restrictions.

Actions are listed newest first. Each row links to a case page carrying the regulator's own release and, where one was published, the complaint. For how this technique works and what statute it engages, read the free riding and parking technique page.

Actions
18
Total penalties
$385k
Median penalty
$40k
Largest
$195k
Criminal parallel
17%
Action Agency Filed Penalty Status
SEC v. Corey Ortiz (free riding and parking, 2026) SEC 2026-09-03 — judgment
SEC v. Mayur Baviskar (free riding and parking, 2026) SEC 2026-08-26 $50k settled
SEC v. Christopher Flagg, Daquan Lloyd and Travis Treusch (free riding and parking, 2026) SEC 2026-04-30 — judgment
SEC v. Cyrus P. Naderi (free riding and parking, 2025) SEC 2025-11-18 $40k judgment
SEC v. Aaron O'Brian Freeman (free riding and parking, 2025) SEC 2025-09-22 — filed
SEC v. Eduardo Hernandez (free riding and parking, 2025) SEC 2025-07-03 — judgment
SEC v. Rey D. Acosta (free riding and parking, 2025) SEC 2025-03-06 $15k judgment
SEC v. Kerry Lee Broderick (free riding and parking, 2024) SEC 2024-06-12 — settled
SEC v. Tyrone Johnny Lacy, Jr. (free riding and parking, 2024) SEC 2024-05-13 $25k judgment
SEC v. Eduardo Hernandez, Christopher Flagg, Daquan Lloyd and Corey Ortiz (free riding and parking, 2024) SEC 2024-04-04 — settled
SEC v. Travis Treusch (free riding and parking, 2024) SEC 2024-04-02 — settled
SEC v. Andrew M. Komarow (free riding and parking, 2024) SEC 2024-02-20 — settled
SEC v. Andrew M. Komarow (free riding and parking, 2023) SEC 2023-12-08 — settled
SEC v. Deyonte Jahtori Anthony (free riding and parking, 2023) SEC 2023-08-28 — settled
SEC v. Chadd L. Evans (free riding and parking, 2023) SEC 2023-07-19 $10k settled
SEC v. Sang N. Phan and Rich N. Phan (free riding and parking, 2022) SEC 2022-09-26 $50k judgment
SEC v. Abhi Batra a/k/a Abhimanyu Batra (free riding and parking, 2021) SEC 2021-01-19 $195k judgment
SEC v. Vu Anh Nguyen, Adam Michael Reed and Anthony Xavier Moya (free riding and parking, 2020) SEC 2020-08-11 — settled