Market Manipulation. Search

Market manipulation enforcement actions filed in 2013

This library records 111 market manipulation enforcement actions filed in 2013, brought by AMF-FR, CFTC, FCA, OSC, SEC.

Counts by year reflect when an action was filed or announced, not when the underlying conduct occurred — those are often years apart. Compare across years with care: a single multi-defendant sweep can dominate a year's count.

Actions
100
Total penalties
$753m
Median penalty
$398k
Largest
$475m
Criminal parallel
16%
Action Agency Filed Technique Penalty Status
CFTC v. David M. Nunn (wash trading, 2013) CFTC 2013-12-19 Wash Trading $600k judgment
CFTC v. David R. Lynch (ponzi schemes, 2013) CFTC 2013-12-12 Ponzi Schemes $300k settled
OSC v. Imtiaz Hashmani (2013) OSC 2013-11-29 — settled
SEC v. Frank Bluestein (ponzi schemes, 2013) SEC 2013-11-26 Ponzi Schemes — appealed
CFTC v. Daniel Shak and SHK Management LLC (banging the close, 2013) CFTC 2013-11-25 Banging The Close , Price Manipulation +1 $400k settled
SEC v. Curt Kramer and others (unregistered distributions, 2013) SEC 2013-11-25 Unregistered Distributions — settled
OSC v. TransCap Corporation and others (ponzi schemes, 2013) OSC 2013-11-21 Ponzi Schemes — judgment
FCA v. Rahul Shah Individual (insider trading, 2013) FCA 2013-11-13 Insider Trading — judgment
SEC v. Julieann Palmer Martin (ponzi schemes, 2013) SEC 2013-11-13 Ponzi Schemes $1.1m judgment
SEC v. Michael Bresner, Ralph Calabro, Jason Konner and Dimitrios Koutsoubos (churning, 2013) SEC 2013-11-08 Churning $435k judgment
AMF France v. A and B (false information about a bank's capital, 2013) AMF (France) 2013-11-07 False Rumors — judgment
CFTC v. Donald R. Wilson and DRW Investments, LLC (banging the close, 2013) CFTC 2013-11-06 Banging The Close , Price Manipulation +1 — judgment
SEC v. Charles M. Raspa (price manipulation, 2013) SEC 2013-11-05 Price Manipulation — settled
SEC v. Steven Markowitz (price manipulation, 2013) SEC 2013-11-05 Price Manipulation — settled
CFTC v. Rabobank (benchmark submission rigging, 2013) CFTC 2013-10-29 Benchmark Submission Rigging , Price Manipulation $475m settled
FCA v. Coöperatieve Centrale Raiffeisen–Boerenleenbank B.A. (‘Rabobank’) (benchmark submission rigging, 2013) FCA 2013-10-29 Benchmark Submission Rigging , Cash Vs Derivatives Schemes +1 — settled
AMF France v. A and B (insider dealing, 2013) AMF (France) 2013-10-18 Insider Trading — judgment
CFTC v. JPMorgan Chase Bank (price manipulation, 2013) CFTC 2013-10-16 Price Manipulation $100m judgment
SEC v. Knight Capital Americas LLC (2013) SEC 2013-10-16 $12m settled
OSC v. Bradon Technologies Ltd. and others (2013) OSC 2013-10-03 — judgment
CFTC v. Dominick Anthony Cognata (failure to produce records, 2013) CFTC 2013-09-30 $140k judgment
OSC v. Weizhen Tang (ponzi schemes, 2013) OSC 2013-09-30 Ponzi Schemes — judgment
SEC v. Adam Troy Dooly (paid stock promotion, 2013) SEC 2013-09-30 Paid Stock Promotion , Ponzi Schemes $3k settled
SEC v. Scott London, CPA (insider trading, 2013) SEC 2013-09-27 Insider Trading — settled
CFTC v. ICAP Europe Limited (benchmark submission rigging, 2013) CFTC 2013-09-25 Benchmark Submission Rigging , Price Manipulation $65m settled
FCA v. ICAP Europe Ltd (benchmark submission rigging, 2013) FCA 2013-09-25 Benchmark Submission Rigging , Price Manipulation — settled
SEC v. TD Bank, N.A. (2013) SEC 2013-09-23 $15m settled
OSC v. Louis Michael Kovacs (2013) OSC 2013-09-17 — settled
SEC v. Blackthorn Investment Group, LLC (rule 105 offering shorts, 2013) SEC 2013-09-16 Rule 105 Offering Shorts $260k settled
SEC v. Claritas Investment, Ltd. (rule 105 offering shorts, 2013) SEC 2013-09-16 Rule 105 Offering Shorts $65k settled
SEC v. Credentia Group, LLC (rule 105 offering shorts, 2013) SEC 2013-09-16 Rule 105 Offering Shorts $65k settled
SEC v. D. E. Shaw & Co., L.P. (rule 105 offering shorts, 2013) SEC 2013-09-16 Rule 105 Offering Shorts $202k settled
SEC v. Deerfield Management Company, L.P. (rule 105 offering shorts, 2013) SEC 2013-09-16 Rule 105 Offering Shorts $609k settled
SEC v. G-2 Trading LLC (rule 105 offering shorts, 2013) SEC 2013-09-16 Rule 105 Offering Shorts $75k settled
SEC v. Hudson Bay Capital Management LP (rule 105 offering shorts, 2013) SEC 2013-09-16 Rule 105 Offering Shorts $272k settled
SEC v. JGP Global Gestão de Recursos Ltda. (rule 105 offering shorts, 2013) SEC 2013-09-16 Rule 105 Offering Shorts $514k settled
SEC v. M.S. Junior, Inc. (rule 105 offering shorts, 2013) SEC 2013-09-16 Rule 105 Offering Shorts $165k settled
SEC v. Manikay Partners LLC (rule 105 offering shorts, 2013) SEC 2013-09-16 Rule 105 Offering Shorts $680k settled
SEC v. Meru Capital Group, LP (rule 105 offering shorts, 2013) SEC 2013-09-16 Rule 105 Offering Shorts $131k settled
SEC v. Merus Capital Partners, LLC (rule 105 offering shorts, 2013) SEC 2013-09-16 Rule 105 Offering Shorts $65k settled
SEC v. Ontario Teachers’ Pension Plan Board (rule 105 offering shorts, 2013) SEC 2013-09-16 Rule 105 Offering Shorts $68.3k settled
SEC v. Pan Capital AB (rule 105 offering shorts, 2013) SEC 2013-09-16 Rule 105 Offering Shorts $221k settled
SEC v. PEAK6 Capital Management LLC (rule 105 offering shorts, 2013) SEC 2013-09-16 Rule 105 Offering Shorts $65k settled
SEC v. Philadelphia Financial Management of San Francisco, LLC (rule 105 offering shorts, 2013) SEC 2013-09-16 Rule 105 Offering Shorts $65k settled
SEC v. Polo Capital International Gestão de Recursos Ltda. (rule 105 offering shorts, 2013) SEC 2013-09-16 Rule 105 Offering Shorts $76k settled
SEC v. Soundpost Partners, LP (rule 105 offering shorts, 2013) SEC 2013-09-16 Rule 105 Offering Shorts $65k settled
SEC v. Southpoint Capital Advisors LP (rule 105 offering shorts, 2013) SEC 2013-09-16 Rule 105 Offering Shorts $170k settled
SEC v. Talkot Capital LLC (rule 105 offering shorts, 2013) SEC 2013-09-16 Rule 105 Offering Shorts $65k settled
SEC v. Vollero Beach Capital Partners LLC (rule 105 offering shorts, 2013) SEC 2013-09-16 Rule 105 Offering Shorts $215k settled
SEC v. War Chest Capital Partners LLC (rule 105 offering shorts, 2013) SEC 2013-09-16 Rule 105 Offering Shorts $130k settled
SEC v. Western Standard, LLC (rule 105 offering shorts, 2013) SEC 2013-09-16 Rule 105 Offering Shorts $65k settled
SEC v. David G. Bartholomew (ponzi schemes, 2013) SEC 2013-09-06 Ponzi Schemes — settled
SEC v. Lawrence D. Polizzotto (2013) SEC 2013-09-06 $50k settled
SEC v. Anthony John Johnson (ponzi schemes, 2013) SEC 2013-09-05 Ponzi Schemes — judgment
SEC v. Ricardo Bonilla Rojas (ponzi schemes, 2013) SEC 2013-09-04 Ponzi Schemes , Unregistered Distributions — judgment
CFTC v. Charles, The Borrowing Station (ponzi schemes, 2013) CFTC 2013-08-26 Ponzi Schemes $350k settled
OSC v. Kevin Warren Zietsoff (ponzi schemes, 2013) OSC 2013-08-19 Ponzi Schemes — settled
SEC v. North East Capital and LLCand Anthony T. Vicidomine (unregistered distributions, 2013) SEC 2013-08-16 Unregistered Distributions $150k settled
SEC v. Joseph Hilton a/k/a Joseph Yurkin (boiler rooms, 2013) SEC 2013-08-09 Boiler Rooms , Unregistered Distributions — judgment
SEC v. New Horizon Publishing Inc. (boiler rooms, 2013) SEC 2013-08-09 Boiler Rooms — settled
SEC v. Bogar, Young and Green (ponzi schemes, 2013) SEC 2013-08-02 Ponzi Schemes $780k judgment
SEC v. ABN AMRO Bank, N.V. (unregistered distributions, 2013) SEC 2013-07-31 Unregistered Distributions $2m settled
AMF France v. A, B, C, D, Verneuil et Associés, Verneuil Participations, Foch Investissements, FD Conseils et Participations and Duc SA (insider dealing and ownership disclosure failures, 2013) AMF (France) 2013-07-25 Insider Trading — judgment
CFTC v. Panther Energy Trading LLC and Michael J. Coscia (spoofing, 2013) CFTC 2013-07-22 Spoofing $1.4m judgment
FCA v. Michael Coscia (layering, 2013) FCA 2013-07-03 Layering , Price Manipulation +1 $903k settled
SEC v. Jennifer E. Thoennes (ponzi schemes, 2013) SEC 2013-07-01 Ponzi Schemes $45k judgment
AMF France v. LVMH Moët Hennessy-Louis Vuitton (undisclosed stake building in Hermès, 2013) AMF (France) 2013-06-25 Undisclosed Control Blocks — judgment
CFTC v. Varlesi (ponzi schemes, 2013) CFTC 2013-06-25 Ponzi Schemes $700k settled
CFTC v. Wright (ponzi schemes, 2013) CFTC 2013-06-24 Ponzi Schemes $1m settled
SEC v. Ward Onsa (ponzi schemes, 2013) SEC 2013-06-17 Ponzi Schemes — judgment
SEC v. Chicago Board Options Exchange and others (2013) SEC 2013-06-11 $6m settled
SEC v. optionsXpress, Inc., Thomas E. Stern and Jonathan I. Feldman (Regulation SHO, 2013) SEC 2013-06-07 Naked Short Selling Debate $4.1m judgment
AMF France v. ADT, Lado, Y, Z, C, D, A and B (insider dealing and disclosure failures, 2013) AMF (France) 2013-06-05 Insider Trading — judgment
CFTC v. Hales, Richardson, Bentley Equities (ponzi schemes, 2013) CFTC 2013-06-04 Ponzi Schemes $2.1m judgment
SEC v. UBS O’Connor, LLC (rule 105 offering shorts, 2013) SEC 2013-06-03 Rule 105 Offering Shorts $1.1m settled
CFTC v. Kevin Cassidy (mismarking, 2013) CFTC 2013-05-30 Mismarking $1m judgment
SEC v. Scuderi Group, Inc. and Salvatore Scuderi (unregistered distributions, 2013) SEC 2013-05-30 Unregistered Distributions $100k settled
SEC v. NASDAQ Stock Market, LLC and NASDAQ Execution Services, LLC (2013) SEC 2013-05-29 $10m settled
SEC v. Larry Michael Parrish (ponzi schemes, 2013) SEC 2013-05-24 Ponzi Schemes — settled
CFTC v. William Center, Gregory Center and Trade, LLC (ponzi schemes, 2013) CFTC 2013-05-23 Ponzi Schemes $4m judgment
SEC v. Institutional Shareholder Services Inc. (2013) SEC 2013-05-23 $300k settled
SEC v. Patrick Merrill Brody (ponzi schemes, 2013) SEC 2013-05-22 Ponzi Schemes , Unregistered Distributions — judgment
CFTC v. Christy, Crabapple Capital Group (ponzi schemes, 2013) CFTC 2013-05-20 Ponzi Schemes — judgment
AMF France v. A (insider dealing, 2013) AMF (France) 2013-05-17 Insider Trading — judgment
CFTC v. Harris, Starr, Complete Developments (ponzi schemes, 2013) CFTC 2013-05-13 Ponzi Schemes $7.6m judgment
CFTC v. Ron Eibschutz (2013) CFTC 2013-05-08 $75k settled
OSC v. Ming Chao Zhao (insider trading, 2013) OSC 2013-05-02 Insider Trading — settled
CFTC v. Kevin McLaren (wash trading, 2013) CFTC 2013-04-29 Wash Trading $400k judgment
CFTC v. Schmickle, Q Wealth Management (ponzi schemes, 2013) CFTC 2013-04-23 Ponzi Schemes $1.5m settled
CFTC v. Bailey, Hudspeth, PMC Strategy (ponzi schemes, 2013) CFTC 2013-04-17 Ponzi Schemes $1.4m judgment
AMF France v. A (insider dealing (recommending trades), 2013) AMF (France) 2013-04-16 Insider Trading — judgment
SEC v. Scott Reiman (insider trading, 2013) SEC 2013-04-15 Insider Trading $398k settled
AMF France v. A, B and C (insider dealing, 2013) AMF (France) 2013-04-12 Insider Trading — judgment
CFTC v. 4X Solutions, Chay (ponzi schemes, 2013) CFTC 2013-04-08 Ponzi Schemes $8.2m judgment
SEC v. Sean Nathan Healy (ponzi schemes, 2013) SEC 2013-04-08 Ponzi Schemes — settled
CFTC v. Cilli, Progressive Investment Funds (ponzi schemes, 2013) CFTC 2013-03-27 Ponzi Schemes — judgment
OSC v. Stephen Campbell (wash trading, 2013) OSC 2013-03-26 Wash Trading — settled
OSC v. Fernando Honorate Fagundes also known as Henry Roche and New Futures Trading International Corporation (ponzi schemes, 2013) OSC 2013-03-18 Ponzi Schemes — judgment
SEC v. Banco Comercial Português, S.A. (unregistered distributions, 2013) SEC 2013-03-18 Unregistered Distributions $250k settled
CFTC v. Ronnie Gene Wilson (ponzi schemes, 2013) CFTC 2013-02-28 Ponzi Schemes $23m judgment