Home / Cases / 2014 Market manipulation enforcement actions filed in 2014 This library records 27 market manipulation enforcement actions filed in 2014, brought by CFTC.
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 27
Total penalties $1.6bn
Median penalty $2.2m
Largest $1.4bn
Criminal parallel 52% Action Agency Filed Technique Penalty Status CFTC v. Royal Bank (wash trading, 2014) CFTC 2014-12-19 Wash Trading $35m judgment CFTC v. Five Banks (benchmark submission rigging, 2014) CFTC 2014-11-13 Benchmark Submission Rigging , FX Fixing +1 $1.4bn judgment 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 , Wash Trading — settled 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 (wash trading, 2014) CFTC 2014-09-30 Wash Trading $250k judgment CFTC v. Illinois Resident Gerald J. Considine and His Companies (wash trading, 2014) CFTC 2014-09-30 Wash Trading — filed CFTC v. Absa Bank (wash trading, 2014) CFTC 2014-09-26 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 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 CFTC v. FirstRand Bank (wash trading, 2014) CFTC 2014-08-28 Wash Trading $150k judgment 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. Lloyds Banking Group and Lloyds Bank (benchmark submission rigging, 2014) CFTC 2014-07-29 Benchmark Submission Rigging , Cash Vs Derivatives Schemes +1 $105m judgment CFTC v. Robert Andres (ponzi schemes, 2014) CFTC 2014-06-20 Ponzi Schemes $32.4m judgment CFTC v. RP Martin Holdings Limited and Its Subsidiary (benchmark submission rigging, 2014) CFTC 2014-05-16 Benchmark Submission Rigging , Price Manipulation +1 $1.2m judgment CFTC v. unnamed respondents (ponzi schemes, 2014) CFTC 2014-04-01 Ponzi Schemes $5.8m judgment CFTC v. Defendants Ward Onsa (ponzi schemes, 2014) CFTC 2014-04-01 Ponzi Schemes $5.7m judgment CFTC v. Defendants (ponzi schemes, 2014) CFTC 2014-03-22 Ponzi Schemes $2.2m filed CFTC v. South Carolina Residents Robert S. and Amy L. Leben (ponzi schemes, 2014) CFTC 2014-03-20 Ponzi Schemes — unknown CFTC v. Dimitry Vishnevetsky (benchmark submission rigging, 2014) CFTC 2014-03-11 Benchmark Submission Rigging $1.9m judgment CFTC v. Defendants Harbor Light Asset (ponzi schemes, 2014) CFTC 2014-02-12 Ponzi Schemes $5.2m judgment