Market manipulation enforcement actions filed in 2017

This library records 218 market manipulation enforcement actions filed in 2017, brought by CFTC, 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: 18
Total penalties: $119m
Median penalty: $80k
Largest: $85m
Criminal parallel: 33%

Action	Agency	Filed	Technique	Penalty	Status
CFTC v. The Royal Bank of Scotland (benchmark submission rigging, 2017)	CFTC	2017-02-04	Benchmark Submission Rigging , Price Manipulation	$85m	judgment
SEC v. Varacchi, et al. (ponzi schemes, 2017)	SEC	2017-02-02	Ponzi Schemes	—	filed
CFTC v. Florida Residents Anthony J. Klatch II and Lindsey Heim (ponzi schemes, 2017)	CFTC	2017-01-27	Ponzi Schemes	—	judgment
SEC v. Herman Ronnie Young, Jr. d/b/a Race Cycler (ponzi schemes, 2017)	SEC	2017-01-27	Ponzi Schemes	—	judgment
SEC v. Palestra Capital Management LLC (rule 105 offering shorts, 2017)	SEC	2017-01-26	Rule 105 Offering Shorts	$80k	settled
SEC v. Donald P. Jones, CPA (insider trading, 2017)	SEC	2017-01-23	Insider Trading	$39.1k	settled
SEC v. George N. Krinos (unregistered distributions, 2017)	SEC	2017-01-23	Unregistered Distributions	—	filed
CFTC v. unnamed respondents (spoofing, 2017)	CFTC	2017-01-19	Spoofing	—	unknown
CFTC v. Citigroup Global Markets Inc. (cash vs derivatives schemes, 2017)	CFTC	2017-01-19	Cash Vs Derivatives Schemes , Spoofing	$25m	judgment
SEC v. Cort Poyner et al. (paid stock promotion, 2017)	SEC	2017-01-19	Paid Stock Promotion	—	judgment
SEC v. Eytan Bar (insider trading, 2017)	SEC	2017-01-18	Insider Trading	$30k	settled
SEC v. MDC Partners Inc. (insider trading, 2017)	SEC	2017-01-18	Insider Trading	$1.5m	settled
SEC v. Orthofix International N.V.; Jeffrey Hammel and CPA; Brian McCollum; Kenneth Mack and Bryan McMillan (naked short selling debate, 2017)	SEC	2017-01-18	Naked Short Selling Debate	$40k	settled
SEC v. Robin G. Charlet, Steven W. Sparks, Gregory J. Tuthill and Kirk D. Porter (unregistered distributions, 2017)	SEC	2017-01-13	Unregistered Distributions	$25k	judgment
SEC v. Gregory W. Gray, Jr., et al. (ponzi schemes, 2017)	SEC	2017-01-12	Ponzi Schemes	—	judgment
SEC v. ITG Inc. (naked short selling debate, 2017)	SEC	2017-01-12	Naked Short Selling Debate	$7.5m	settled
SEC v. Douglas Furth (matched orders, 2017)	SEC	2017-01-10	Matched Orders	—	judgment
OSC v. 2002 Concepts Inc. and others (ponzi schemes, 2017)	OSC	2017-01-10	Ponzi Schemes	—	dismissed