Market Manipulation. Search

Market manipulation enforcement actions filed in 2014

This library records 136 market manipulation enforcement actions filed in 2014, brought by ASIC, CFTC, FCA, 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
$1.6bn
Median penalty
$129k
Largest
$1.4bn
Criminal parallel
20%
Action Agency Filed Technique Penalty Status
SEC v. Nicholas D. Skaltsounis (ponzi schemes, 2014) SEC 2014-12-31 Ponzi Schemes , Unregistered Distributions — judgment
CFTC v. Royal Bank (wash trading, 2014) CFTC 2014-12-19 Wash Trading $35m judgment
SEC v. Robert A. Hemm (insider trading, 2014) SEC 2014-12-05 Insider Trading $21.8k settled
Former Genetic Technologies CEO jailed for market manipulation (ASIC, 2014) ASIC 2014-11-28 Price Manipulation — unknown
SEC v. Wedbush Securities Inc. Jeffrey Bell Christina Fillhart (layering, 2014) SEC 2014-11-20 Layering , Marking The Close +5 — settled
CFTC v. Five Banks (benchmark submission rigging, 2014) CFTC 2014-11-12 Benchmark Submission Rigging , FX Fixing +1 $1.4bn judgment
SEC v. Michael S. Geist and Brent E. Taylor (insider trading, 2014) SEC 2014-11-12 Insider Trading $27.3k settled
SEC v. Pennington Capital Management LLC and Robert J. Evans (rule 105 offering shorts, 2014) SEC 2014-11-12 Rule 105 Offering Shorts $65k settled
Victorian couple charged with $1.5 million fraud (ASIC, 2014) ASIC 2014-11-11 Ponzi Schemes — filed
FCA v. Citibank N.A. (benchmark submission rigging, 2014) FCA 2014-11-11 Benchmark Submission Rigging , FX Fixing — settled
FCA v. HSBC Bank plc (benchmark submission rigging, 2014) FCA 2014-11-11 Benchmark Submission Rigging , FX Fixing — settled
FCA v. JPMorgan Chase Bank N.A. (benchmark submission rigging, 2014) FCA 2014-11-11 Benchmark Submission Rigging , FX Fixing — settled
FCA v. The Royal Bank of Scotland plc (benchmark submission rigging, 2014) FCA 2014-11-11 Benchmark Submission Rigging , FX Fixing — settled
FCA v. UBS AG (benchmark submission rigging, 2014) FCA 2014-11-11 Benchmark Submission Rigging , FX Fixing — settled
SEC v. Eureeca Capital SPC (unregistered distributions, 2014) SEC 2014-11-10 Unregistered Distributions $25k settled
CFTC v. unnamed respondents (wash trading, 2014) CFTC 2014-11-07 Wash Trading — filed
CFTC v. MF Global Inc. (boiler rooms, 2014) CFTC 2014-11-07 Boiler Rooms , Matched Orders +1 — settled
Former Genetic Technologies CEO convicted of market manipulation (ASIC, 2014) ASIC 2014-11-05 Price Manipulation — unknown
SEC v. Thomas and Delsa U. The D. Christopher Capital Management Group, LLC (ponzi schemes, 2014) SEC 2014-11-04 Ponzi Schemes $150k judgment
SEC v. Steven Durrelle Williams (insider trading, 2014) SEC 2014-11-04 Insider Trading $75k settled
SEC v. Quan and Marlon Stewardship Investment Advisors, LLC (ponzi schemes, 2014) SEC 2014-10-30 Ponzi Schemes — judgment
SEC v. Eli D. Okman (churning, 2014) SEC 2014-10-28 Churning $32k settled
SEC v. Thrasos Tommy Petrou (rule 105 offering shorts, 2014) SEC 2014-10-27 Rule 105 Offering Shorts — settled
SEC v. Alicia Bryan (ponzi schemes, 2014) SEC 2014-10-22 Ponzi Schemes — judgment
SEC v. Armand R. Franquelin (ponzi schemes, 2014) SEC 2014-10-22 Ponzi Schemes , Unregistered Distributions — judgment
SEC v. Anthony Coronati and Bidtoask LLC (ponzi schemes, 2014) SEC 2014-10-17 Ponzi Schemes $100k judgment
New South Wales man pleads guilty to market manipulation (ASIC, 2014) ASIC 2014-10-16 Matched Orders , Price Manipulation $765k unknown
SEC v. Athena Capital Research, LLC (options expiry pinning, 2014) SEC 2014-10-16 Options Expiry Pinning $1m settled
SEC v. Wolf and Judy K. (insider trading, 2014) SEC 2014-10-15 Insider Trading — settled
Former Hanlong managing director extradited, charged with insider trading (ASIC, 2014) ASIC 2014-10-10 Insider Trading — judgment
SEC v. E*Trade Securities, LLC and and G1 Execution Services, LLC (unregistered distributions, 2014) SEC 2014-10-09 Unregistered Distributions $1m settled
Former director of Northern Star Resources Limited charged with insider trading (ASIC, 2014) ASIC 2014-10-08 Insider Trading — filed
CFTC v. Defendant Eric Moncada (price manipulation, 2014) CFTC 2014-10-02 Price Manipulation , Wash Trading $1.6m judgment
CFTC v. Defendant Daniel Shak (price manipulation, 2014) CFTC 2014-10-01 Price Manipulation $400k filed
CFTC v. Utah Resident Scott A. Beatty and his Company (ponzi schemes, 2014) CFTC 2014-10-01 Ponzi Schemes $1m judgment
CFTC v. Fan Zhang (matched orders, 2014) CFTC 2014-09-30 Matched Orders , Wash Trading $250k judgment
CFTC v. Illinois Resident Gerald J. Considine and His Companies (wash trading, 2014) CFTC 2014-09-30 Wash Trading — filed
SEC v. Filip Szymik (insider trading, 2014) SEC 2014-09-30 Insider Trading $47.1k settled
SEC v. Peixoto and Jordan (insider trading, 2014) SEC 2014-09-30 Insider Trading — unknown
CFTC v. Absa Bank (matched orders, 2014) CFTC 2014-09-26 Matched Orders , Wash Trading $150k judgment
CFTC v. Ohio Resident John R. Bullar and his Company (ponzi schemes, 2014) CFTC 2014-09-24 Ponzi Schemes , Wash Trading — filed
SEC v. David A. Roskein (insider trading, 2014) SEC 2014-09-23 Insider Trading — settled
SEC v. Wells Fargo Advisors, LLC (insider trading, 2014) SEC 2014-09-22 Insider Trading , Wash Trading — dismissed
SEC v. Ambassador Capital Management, LLC Oglesby and Derek H. (benchmark submission rigging, 2014) SEC 2014-09-19 Benchmark Submission Rigging — judgment
CFTC v. Ohio Resident Glen Galemmo (ponzi schemes, 2014) CFTC 2014-09-17 Ponzi Schemes — filed
CFTC v. SAC LP (insider trading, 2014) CFTC 2014-09-17 Insider Trading — unknown
CFTC v. Brian Hunter (price manipulation, 2014) CFTC 2014-09-16 Price Manipulation $7.5m judgment
CFTC v. Morgan Stanley Smith Barney (ponzi schemes, 2014) CFTC 2014-09-16 Ponzi Schemes $280k judgment
SEC v. Advent Capital Management, LLC (rule 105 offering shorts, 2014) SEC 2014-09-16 Rule 105 Offering Shorts $65k settled
SEC v. Antipodean Advisors LLC (rule 105 offering shorts, 2014) SEC 2014-09-16 Rule 105 Offering Shorts $65k settled
SEC v. Blackrock Institutional Trust Company, N.A. (rule 105 offering shorts, 2014) SEC 2014-09-16 Rule 105 Offering Shorts $530k settled
SEC v. East Side Holdings II, Inc. (rule 105 offering shorts, 2014) SEC 2014-09-16 Rule 105 Offering Shorts $130k settled
SEC v. Explorador Capital Management, LLC (rule 105 offering shorts, 2014) SEC 2014-09-16 Rule 105 Offering Shorts $65k settled
SEC v. Formula Growth, Ltd. (rule 105 offering shorts, 2014) SEC 2014-09-16 Rule 105 Offering Shorts $65k settled
SEC v. Great Point Partners, LLC (rule 105 offering shorts, 2014) SEC 2014-09-16 Rule 105 Offering Shorts $65k settled
SEC v. Indaba Capital Management, L.P. (rule 105 offering shorts, 2014) SEC 2014-09-16 Rule 105 Offering Shorts $97.4k settled
SEC v. Ironman Capital Management, LLC (rule 105 offering shorts, 2014) SEC 2014-09-16 Rule 105 Offering Shorts $65k settled
SEC v. James C. Parsons (rule 105 offering shorts, 2014) SEC 2014-09-16 Rule 105 Offering Shorts $67.8k settled
SEC v. Midwood Capital Management LLC (rule 105 offering shorts, 2014) SEC 2014-09-16 Rule 105 Offering Shorts $65k settled
SEC v. Nob Hill Capital Management, Inc. (rule 105 offering shorts, 2014) SEC 2014-09-16 Rule 105 Offering Shorts — settled
SEC v. RA Capital Management, LLC (rule 105 offering shorts, 2014) SEC 2014-09-16 Rule 105 Offering Shorts $905k settled
SEC v. Rockwood Investment Management, Inc. (rule 105 offering shorts, 2014) SEC 2014-09-16 Rule 105 Offering Shorts $72.1k settled
SEC v. Seawolf Capital, LLC (rule 105 offering shorts, 2014) SEC 2014-09-16 Rule 105 Offering Shorts $96.4k settled
SEC v. Solus Alternative Asset Management LP (rule 105 offering shorts, 2014) SEC 2014-09-16 Rule 105 Offering Shorts $65k settled
SEC v. Suttonbrook Capital Management LP (rule 105 offering shorts, 2014) SEC 2014-09-16 Rule 105 Offering Shorts — settled
SEC v. Troubh Partners LP (rule 105 offering shorts, 2014) SEC 2014-09-16 Rule 105 Offering Shorts $107k settled
SEC v. Vinci Partners Investimentos Ltda. (rule 105 offering shorts, 2014) SEC 2014-09-16 Rule 105 Offering Shorts $142k settled
SEC v. Whitebox Advisors LLC (rule 105 offering shorts, 2014) SEC 2014-09-16 Rule 105 Offering Shorts $366k settled
SEC v. Advanced Cell Technology, Inc. (unregistered distributions, 2014) SEC 2014-09-10 Unregistered Distributions $375k settled
SEC v. Herbert Steven Fouke (churning, 2014) SEC 2014-08-29 Churning — judgment
CFTC v. FirstRand Bank (matched orders, 2014) CFTC 2014-08-28 Matched Orders , Wash Trading $150k judgment
SEC v. Timbervest, LLC Shapiro and others (insider trading, 2014) SEC 2014-08-20 Insider Trading — appealed
SEC v. Monness and others (front running, 2014) SEC 2014-08-20 Front Running , Insider Trading $150k settled
CFTC v. North Carolina Resident Edwin A. Vasquez and His Company Vasquez Global Investments (ponzi schemes, 2014) CFTC 2014-08-08 Ponzi Schemes — filed
CFTC v. Parnon Energy Inc. (price manipulation, 2014) CFTC 2014-08-05 Price Manipulation $13m settled
CFTC v. Defendant John Aaron Brooks (mismarking, 2014) CFTC 2014-08-05 Mismarking $500k judgment
CFTC v. Lloyds Banking Group and Lloyds Bank (benchmark submission rigging, 2014) CFTC 2014-07-29 Benchmark Submission Rigging , Cash Vs Derivatives Schemes +1 $105m judgment
SEC v. LavaFlow, Inc. (naked short selling debate, 2014) SEC 2014-07-25 Naked Short Selling Debate $2.9m settled
SEC v. Erik H. Perry (reverse merger schemes, 2014) SEC 2014-07-16 Reverse Merger Schemes $75k judgment
SEC v. Carmela Brocco (rule 105 offering shorts, 2014) SEC 2014-07-02 Rule 105 Offering Shorts $129k settled
SEC v. Derek W. Bakarich (rule 105 offering shorts, 2014) SEC 2014-07-02 Rule 105 Offering Shorts $9.7k settled
SEC v. Steven J. Niemis (rule 105 offering shorts, 2014) SEC 2014-07-02 Rule 105 Offering Shorts $78.5k settled
SEC v. Tina M. Lizzio (rule 105 offering shorts, 2014) SEC 2014-07-02 Rule 105 Offering Shorts $17.3k settled
SEC v. William W. Vowell (rule 105 offering shorts, 2014) SEC 2014-07-02 Rule 105 Offering Shorts $30.9k settled
SEC v. unnamed respondents (insider trading, 2014) SEC 2014-06-27 Insider Trading $6.4m settled
SEC v. Montanino and David J. (ponzi schemes, 2014) SEC 2014-06-24 Ponzi Schemes — filed
CFTC v. Robert Andres (ponzi schemes, 2014) CFTC 2014-06-20 Ponzi Schemes $32.4m judgment
SEC v. Diamond Lane, Inc. (undisclosed control blocks, 2014) SEC 2014-06-16 Undisclosed Control Blocks — unknown
SEC v. ShopEye, Inc. and others (undisclosed control blocks, 2014) SEC 2014-06-16 Undisclosed Control Blocks — unknown
SEC v. Sunchip Technology, Inc. (undisclosed control blocks, 2014) SEC 2014-06-16 Undisclosed Control Blocks — unknown
SEC v. Thomas E. Meade (insider trading, 2014) SEC 2014-06-11 Insider Trading $100k settled
SEC v. Erik T. Voorhees (unregistered distributions, 2014) SEC 2014-06-03 Unregistered Distributions — settled
SEC v. George Louis Theodule (ponzi schemes, 2014) SEC 2014-06-02 Ponzi Schemes $250k judgment
SEC v. Hegedus and Shawn C. (insider trading, 2014) SEC 2014-05-30 Insider Trading — unknown
FCA v. Daniel James Plunkett Individual (benchmark submission rigging, 2014) FCA 2014-05-23 Benchmark Submission Rigging — settled
SEC v. G-2 Trading LLC (rule 105 offering shorts, 2014) SEC 2014-05-22 Rule 105 Offering Shorts $75k settled
SEC v. Genesis Advisory Services Corp., ABJ Societe Anonyme Corp. and Bruce J. Fixelle (rule 105 offering shorts, 2014) SEC 2014-05-21 Rule 105 Offering Shorts $492k settled
SEC v. Ironbird Capital LLC (rule 105 offering shorts, 2014) SEC 2014-05-21 Rule 105 Offering Shorts — settled
SEC v. Delaney and others (naked short selling debate, 2014) SEC 2014-05-19 Naked Short Selling Debate — unknown
SEC v. Johnson and Michael H. (naked short selling debate, 2014) SEC 2014-05-19 Naked Short Selling Debate $125k settled