Market Manipulation. Search

Market manipulation enforcement actions filed in 2019

This library records 202 market manipulation enforcement actions filed in 2019, brought by AMF-FR, ASIC, 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
$515m
Median penalty
$300k
Largest
$429m
Criminal parallel
49%
Action Agency Filed Technique Penalty Status
CFTC v. Benjamin Cox (spoofing, 2019) CFTC 2019-07-31 Spoofing $150k judgment
SEC v. James W. Holden (insider trading, 2019) SEC 2019-07-31 Insider Trading $18.5k settled
SEC v. Beaufort Secs. Ltd. and Kyriacou. (pump and dump, 2019) SEC 2019-07-29 Matched Orders , Pump And Dump — judgment
SEC v. Christopher Plaford (insider trading, 2019) SEC 2019-07-29 Insider Trading , Mismarking — judgment
CFTC v. Corey D. Flaum (price manipulation, 2019) CFTC 2019-07-25 Price Manipulation , Spoofing — settled
SEC v. Balaji Sundarraj and David O'brien (insider trading, 2019) SEC 2019-07-23 Insider Trading $57.9k settled
SEC v. Carol J. Wayland, et al. (boiler rooms, 2019) SEC 2019-07-19 Boiler Rooms , Unregistered Distributions $465k judgment
SEC v. Garrett M. O'Rourke and Michael J. Black (pump and dump, 2019) SEC 2019-07-19 Pump And Dump — settled
CFTC v. Swapnil Rege (mismarking, 2019) CFTC 2019-07-18 Mismarking $100k settled
SEC v. Jun Ying (insider trading, 2019) SEC 2019-07-18 Insider Trading — judgment
SEC v. Mark Loman (insider trading, 2019) SEC 2019-07-18 Insider Trading — unknown
SEC v. William J. Milles, Jr. and Donald J. Lutzko (ponzi schemes, 2019) SEC 2019-07-18 Ponzi Schemes $414k judgment
SEC v. Zev Saltsman, et al. (unregistered distributions, 2019) SEC 2019-07-17 Unregistered Distributions — judgment
SEC v. Henry J. Wieniewitz, III, et al. (ponzi schemes, 2019) SEC 2019-07-15 Ponzi Schemes — settled
Former CEO and director of Sirtex Medical Limited pleads guilty to insider trading (ASIC, 2019) ASIC 2019-07-03 Insider Trading — judgment
SEC v. GT Media, Inc. (unregistered distributions, 2019) SEC 2019-07-01 Unregistered Distributions $173k settled
SEC v. Tory J. R. Schalkle (insider trading, 2019) SEC 2019-07-01 Insider Trading $12.2k settled
CFTC v. Eagle Market Makers, Inc. (wash trading, 2019) CFTC 2019-06-28 Wash Trading $350k judgment
SEC v. Talman Harris and Victor Alfaya (boiler rooms, 2019) SEC 2019-06-28 Boiler Rooms , Pump And Dump $500k judgment
CFTC v. unnamed respondents (ponzi schemes, 2019) CFTC 2019-06-27 Ponzi Schemes — judgment
SEC v. Amrit J. S. Chahal (2019) SEC 2019-06-27 — judgment
SEC v. Henry Sargent, Joseph Tomasek, Patrick Giordano, Frederick Mintz and Alan Fraade (undisclosed control blocks, 2019) SEC 2019-06-27 Undisclosed Control Blocks — filed
SEC v. Matthew A. Krimm, et al. (2019) SEC 2019-06-27 $914k judgment
SEC v. Rajeshwar R. Gannamaneni, Deepthi Gandra, and Linga R. Gannamaneni (insider trading, 2019) SEC 2019-06-27 Insider Trading $376k settled
ASIC v. Steven Oakes (insider trading, 2019) ASIC 2019-06-25 Insider Trading — judgment
CFTC v. Merrill Lynch Commodities (price manipulation, 2019) CFTC 2019-06-25 Price Manipulation , Spoofing $11.5m judgment
SEC v. Avi Chiat (2019) SEC 2019-06-24 $185k judgment
SEC v. Landon M. Smith (ponzi schemes, 2019) SEC 2019-06-24 Ponzi Schemes — settled
SEC v. Andrew J. Kandalepas (marking the close, 2019) SEC 2019-06-21 Marking The Close — judgment
SEC v. Edward Lee Moody, Jr. (ponzi schemes, 2019) SEC 2019-06-21 Ponzi Schemes — judgment
SEC v. Kit Mun Chan, Lau Kean Chong, Chong Poui Fan, Binji Lu, and Youn Chien Wong (matched orders, 2019) SEC 2019-06-21 Matched Orders $775k judgment
CFTC v. Company and its Principal (ponzi schemes, 2019) CFTC 2019-06-18 Ponzi Schemes $429m judgment
SEC v. Raymond Starker (insider trading, 2019) SEC 2019-06-18 Insider Trading $46.3k settled
SEC v. Wedbush Securities, Inc. (2019) SEC 2019-06-18 $2.4m settled
SEC v. Industrial and Commercial Bank of China Financial Services LLC (2019) SEC 2019-06-14 $14.4m settled
SEC v. Roland M. Mathys (insider trading, 2019) SEC 2019-06-13 Insider Trading — unknown
SEC v. Christopher Salis, et al. (insider trading, 2019) SEC 2019-06-12 Insider Trading — judgment
SEC v. Steven Fishoff, et al. (insider trading, 2019) SEC 2019-06-11 Insider Trading $750k judgment
SEC v. Longfin Corp. and Venkata S. Meenavalli, Longfin et. al (unregistered distributions, 2019) SEC 2019-06-05 Unregistered Distributions $6.7m judgment
SEC v. James E. Hocker (ponzi schemes, 2019) SEC 2019-06-04 Ponzi Schemes — judgment
SEC v. Syed Arham Arbab, Artis Proficio Capital Investments, LLC, and Artis Proficio Capital Management, LLC (ponzi schemes, 2019) SEC 2019-06-03 Ponzi Schemes — settled
SEC v. Craig H. Carton, et al. (ponzi schemes, 2019) SEC 2019-05-31 Ponzi Schemes — judgment
FCA v. Terry John Farr (benchmark submission rigging, 2019) FCA 2019-05-29 Benchmark Submission Rigging , Wash Trading — judgment
SEC v. David A. Altom and Gabriel V. Graven (insider trading, 2019) SEC 2019-05-29 Insider Trading $221k settled
SEC v. Robert C. Morgan (ponzi schemes, 2019) SEC 2019-05-23 Ponzi Schemes — settled
SEC v. Howard M. Appel (float locking, 2019) SEC 2019-05-22 Float Locking — judgment
SEC v. Robert S. Davis, Jr., et al. (ponzi schemes, 2019) SEC 2019-05-22 Ponzi Schemes — settled
SEC v. Jonathan H. Seigel, et al. (ponzi schemes, 2019) SEC 2019-05-21 Ponzi Schemes , Unregistered Distributions — settled
SEC v. Mark "Christian" Ramsey (insider trading, 2019) SEC 2019-05-21 Insider Trading — settled
SEC v. David N. Osegueda, Ishmail Calvin Ross, aka Calvin Ross, Zachary R. Logan, and Jessica Snyder, fka Jessica Gutierrez (pump and dump, 2019) SEC 2019-05-20 Pump And Dump $1.5m settled
SEC v. Andrew I. Farmer, Scott R. Sieck, Eddie D. Austin, Jr., Carolyn P. Austin, and John D. Brotherton (pump and dump, 2019) SEC 2019-05-17 Pump And Dump — settled
SEC v. Wilson-Davis & Co., Inc. (2019) SEC 2019-05-15 $300k settled
SEC v. Brian Fettner, et al. (insider trading, 2019) SEC 2019-05-14 Insider Trading $253k settled
SEC v. Robert M. Morano (insider trading, 2019) SEC 2019-05-13 Insider Trading $75k judgment
CFTC v. Fabio Bretas de Freitas and Phy Capital Investments LLC (2019) CFTC 2019-05-10 $12.6m judgment
CFTC v. David Smothermon (mismarking, 2019) CFTC 2019-05-09 Mismarking — filed
SEC v. Lloyd Schuman and Dane Janes (insider trading, 2019) SEC 2019-05-09 Insider Trading $140k settled
SEC v. Rocco Roveccio (churning, 2019) SEC 2019-05-06 Churning $160k judgment
SEC v. One or More Unknown Traders in the Securities of Anadarko Petroleum Corp. (insider trading, 2019) SEC 2019-04-29 Insider Trading — filed
SEC v. Christopher D. Dougherty, et al. (ponzi schemes, 2019) SEC 2019-04-26 Ponzi Schemes — settled
AMF France v. Iliad, M, X, A, B and C (insider trading, 2019) AMF (France) 2019-04-25 Insider Trading — judgment
CFTC v. Forex Trading Firms and Principals (ponzi schemes, 2019) CFTC 2019-04-22 Ponzi Schemes $14.6m judgment
SEC v. Anthony C. Zufelt (ponzi schemes, 2019) SEC 2019-04-22 Ponzi Schemes , Unregistered Distributions — judgment
SEC v. David M. Loflin (pump and dump, 2019) SEC 2019-04-22 Pump And Dump — settled
SEC v. Yuh-Yue Chen (insider trading, 2019) SEC 2019-04-18 Insider Trading $740k settled
AMF France v. Montaigne Fashion Group, Jekiti Mar Capital, A, Financière du Phoenix, SCI Plainville and B (insider trading, 2019) AMF (France) 2019-04-17 Insider Trading , False Rumors — judgment
SEC v. Quentin Louis Wilcox (insider trading, 2019) SEC 2019-04-16 Insider Trading $55.2k settled
SEC v. Ivan Acevedo & Dane R. Roseman (ponzi schemes, 2019) SEC 2019-04-12 Ponzi Schemes — settled
SEC v. Jeffrey Gainer (ponzi schemes, 2019) SEC 2019-04-10 Ponzi Schemes — judgment
SEC v. Paul Bannon Powers (insider trading, 2019) SEC 2019-04-10 Insider Trading — settled
SEC v. Scott Newsholme (2019) SEC 2019-04-05 — judgment
SEC v. Tai-Cheng Yang (insider trading, 2019) SEC 2019-04-05 Insider Trading $27.8k settled
SEC v. Evan R. Kita, et al. (insider trading, 2019) SEC 2019-04-04 Insider Trading — judgment
OSC v. Paramount Equity Financial Corporation and others (2019) OSC 2019-03-29 — judgment
SEC v. Tiber Creek Corp. and James M. Cassidy (shell factories, 2019) SEC 2019-03-26 Shell Factories $75k judgment
SEC v. Carol Ann Pedersen (ponzi schemes, 2019) SEC 2019-03-20 Ponzi Schemes — settled
SEC v. Frank Morelli III and Louis Buonocore (pump and dump, 2019) SEC 2019-03-20 Pump And Dump — settled
SEC v. Kent R.E. Whitney, David Lee Parrish, The Church for the Healthy Self a/k/a CHS Trust, and CHS Asset Management Inc. (ponzi schemes, 2019) SEC 2019-03-18 Ponzi Schemes — settled
AMF France v. A and B (insider trading, 2019) AMF (France) 2019-03-13 Insider Trading — judgment
SEC v. William Neil "Doc" Gallagher, Gallagher Financial Group, Inc., and W. Neil Gallagher, Ph.D. Agency, Inc. (ponzi schemes, 2019) SEC 2019-03-12 Ponzi Schemes — filed
AMF France v. A, B and C (insider trading, 2019) AMF (France) 2019-03-06 Insider Trading — dismissed
CFTC v. Carlos Javier Ramirez, Royal Leisure International, Inc. and Gold Chasers, Inc. (2019) CFTC 2019-03-04 $8.2m judgment
SEC v. Rong Chen, et al. (insider trading, 2019) SEC 2019-03-04 Insider Trading $167k judgment
SEC v. William C. Gennity (churning, 2019) SEC 2019-03-04 Churning $160k judgment
CFTC v. Krishna Mohan (spoofing, 2019) CFTC 2019-02-25 Spoofing — settled
SEC v. Demitrios Hallas (2019) SEC 2019-02-22 $260k judgment
SEC v. Walter C. Little and Andrew M. Berke (insider trading, 2019) SEC 2019-02-22 Insider Trading — judgment
SEC v. Joseph Frank Vacante (insider trading, 2019) SEC 2019-02-21 Insider Trading $70.8k settled
SEC v. Gene Daniel Levoff (insider trading, 2019) SEC 2019-02-13 Insider Trading $1.1m judgment
SEC v. Jason McDiarmid, et al. (pump and dump, 2019) SEC 2019-02-12 Pump And Dump $3.3m judgment
AMF France v. Sylvain Duport (layering, 2019) AMF (France) 2019-02-11 Layering , Price Manipulation — settled
Former mining executive sentenced to serve 9 months for insider trading (ASIC, 2019) ASIC 2019-02-11 Insider Trading — judgment
SEC v. NL Technology, LLC et al. (ponzi schemes, 2019) SEC 2019-02-11 Ponzi Schemes $960k judgment
SEC v. Daniel J. Callahan (insider trading, 2019) SEC 2019-02-08 Insider Trading $19.4k settled
SEC v. Spark Trading Group, LLC and Niket Shah (ponzi schemes, 2019) SEC 2019-02-08 Ponzi Schemes $371k judgment
CFTC v. Andre Flotron (spoofing, 2019) CFTC 2019-02-07 Spoofing $100k judgment
SEC v. Andrew Stitt (boiler rooms, 2019) SEC 2019-02-06 Boiler Rooms , Unregistered Distributions — judgment
SEC v. Edward Withrow, et al. (2019) SEC 2019-02-05 — settled
SEC v. Joseph Vitale (boiler rooms, 2019) SEC 2019-02-04 Boiler Rooms — judgment
SEC v. Anthony J. Thompson, Jr., et al. (paid stock promotion, 2019) SEC 2019-02-01 Paid Stock Promotion , Pump And Dump — settled