Market Manipulation. Search

Market manipulation enforcement actions filed in 2015

This library records 217 market manipulation enforcement actions filed in 2015, brought by 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
17
Total penalties
$1.7m
Median penalty
$130k
Largest
$1.5m
Criminal parallel
24%
Action Agency Filed Technique Penalty Status
SEC v. John Gray et al. (insider trading, 2015) SEC 2015-02-05 Insider Trading — settled
SEC v. Joel J. Epstein (insider trading, 2015) SEC 2015-02-03 Insider Trading — judgment
SEC v. Phillip Cory Roberts (reverse merger schemes, 2015) SEC 2015-02-03 Reverse Merger Schemes — judgment
SEC v. Edwin Yoshihiro Fujinaga and MRI International, Inc., et al. (ponzi schemes, 2015) SEC 2015-01-30 Ponzi Schemes — judgment
SEC v. Francisco Illarramendi, et al. (ponzi schemes, 2015) SEC 2015-01-30 Ponzi Schemes — judgment
SEC v. Quan and Marlon Stewardship Investment Advisors, LLC (ponzi schemes, 2015) SEC 2015-01-30 Ponzi Schemes — judgment
SEC v. International Capital Group, LLC (reverse merger schemes, 2015) SEC 2015-01-29 Reverse Merger Schemes , Unregistered Distributions $1.5m settled
SEC v. Loren W. Holzhueter, et al. (ponzi schemes, 2015) SEC 2015-01-29 Ponzi Schemes — unknown
SEC v. Oppenheimer & Co. Inc. (pump and dump, 2015) SEC 2015-01-27 Pump And Dump , Unregistered Distributions — filed
FCA v. David Caplin (benchmark submission rigging, 2015) FCA 2015-01-22 Benchmark Submission Rigging , Price Manipulation +1 — settled
FCA v. Jeremy Kraft (benchmark submission rigging, 2015) FCA 2015-01-22 Benchmark Submission Rigging , Cash Vs Derivatives Schemes +2 — settled
SEC v. du Pasquier & Co., Inc. (naked short selling debate, 2015) SEC 2015-01-21 Naked Short Selling Debate $50k settled
SEC v. Frederic Elm f/k/a Frederic Elmaleh, et al. (ponzi schemes, 2015) SEC 2015-01-21 Ponzi Schemes — judgment
SEC v. Robert A. Ramsey, CPA (insider trading, 2015) SEC 2015-01-21 Insider Trading $130k settled
SEC v. Gary Harrison Lane (ponzi schemes, 2015) SEC 2015-01-20 Ponzi Schemes — judgment
CFTC v. Allied Markets LLC (ponzi schemes, 2015) CFTC 2015-01-13 Ponzi Schemes — filed
SEC v. Aleksandr Milrud (layering, 2015) SEC 2015-01-13 Layering — judgment