Market Manipulation. Search

Market manipulation enforcement actions filed in 2020

This library records 192 market manipulation enforcement actions filed in 2020, 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
$864m
Median penalty
$438k
Largest
$436m
Criminal parallel
42%
Action Agency Filed Technique Penalty Status
SEC v. DeAndre P. Sears et al. (ponzi schemes, 2020) SEC 2020-12-31 Ponzi Schemes — settled
SEC v. Anthony Thompson, Jr., et al. (paid stock promotion, 2020) SEC 2020-12-30 Paid Stock Promotion , Pump And Dump — judgment
SEC v. Gregory Altieri (ponzi schemes, 2020) SEC 2020-12-30 Ponzi Schemes — settled
SEC v. Jason Peltz (insider trading, 2020) SEC 2020-12-29 Insider Trading — settled
CFTC v. Mark N. Pyatt (ponzi schemes, 2020) CFTC 2020-12-22 Ponzi Schemes — judgment
SEC v. Cormark Securities Inc. (naked short selling debate, 2020) SEC 2020-12-21 Naked Short Selling Debate $800k settled
SEC v. ITG Canada Corp. and Virtu ITG Canada Corp. (naked short selling debate, 2020) SEC 2020-12-21 Naked Short Selling Debate $200k settled
SEC v. Barton S. Ross (false rumors, 2020) SEC 2020-12-18 False Rumors — settled
FCA v. Corrado Abbattista (spoofing, 2020) FCA 2020-12-15 Price Manipulation , Spoofing — judgment
SEC v. Roland M. Mathys (insider trading, 2020) SEC 2020-12-15 Insider Trading $9.9m judgment
SEC v. Christopher Clark and William Wright (insider trading, 2020) SEC 2020-12-11 Insider Trading $482k settled
SEC v. J. Jeremy Barbera, Carl Smith, and Nanobeak Biotech Inc. (2020) SEC 2020-12-09 — filed
CFTC v. Vitol Inc. (price manipulation, 2020) CFTC 2020-12-03 Price Manipulation — settled
SEC v. Mark Alan Lisser a/k/a Mark Alan a/k/a Mark Allen (boiler rooms, 2020) SEC 2020-12-01 Boiler Rooms — settled
SEC v. Garrett M. O'Rourke and Michael J. Black (pump and dump, 2020) SEC 2020-11-30 Pump And Dump — judgment
SEC v. Craig Rumbaugh, et al. (2020) SEC 2020-11-24 $193k judgment
OSC v. Trevor Rosborough and others (insider trading, 2020) OSC 2020-11-17 Insider Trading — settled
AMF France v. Y, A, B, D and C (insider trading, 2020) AMF (France) 2020-11-13 Insider Trading — judgment
SEC v. American Portfolios Financial Services, Inc. and American Portfolios Advisors, Inc. (2020) SEC 2020-11-13 $650k settled
SEC v. Douglas A. Roth (insider trading, 2020) SEC 2020-11-09 Insider Trading — settled
SEC v. Ieremenko et al.: settlements with Cho, Olefir and Capyield (hack to trade, 2020) SEC 2020-11-05 Hack To Trade , Insider Trading $425k settled
SEC v. Michael J. Pires (insider trading, 2020) SEC 2020-11-05 Insider Trading $18.6k settled
CFTC v. unnamed respondents (ponzi schemes, 2020) CFTC 2020-11-04 Ponzi Schemes $450k judgment
FCA v. Frank Cochran Individual (2020) FCA 2020-11-03 — unknown
FCA v. Mark Horsey Individual (2020) FCA 2020-11-03 — unknown
SEC v. Terrence Chalk, et al. (2020) SEC 2020-11-03 — settled
Sigma general manager charged with insider trading (ASIC, 2020) ASIC 2020-10-30 Insider Trading — judgment
AMF France v. Jefferies International Ltd (spoofing, 2020) AMF (France) 2020-10-29 Spoofing — settled
SEC v. Alex Forester, Michael Hicks, Yarden Krampf, Christopher Lee, Sean O'Neal, Michael Raynor, and Lee Sobel (boiler rooms, 2020) SEC 2020-10-27 Boiler Rooms $1.8m judgment
SEC v. Paul Horton Smith, Sr. and others (ponzi schemes, 2020) SEC 2020-10-22 Ponzi Schemes — judgment
OSC v. Vernon Ray Fauth (ponzi schemes, 2020) OSC 2020-10-20 Ponzi Schemes — judgment
SEC v. Jillian Sidoti (undisclosed control blocks, 2020) SEC 2020-10-19 Undisclosed Control Blocks $22k settled
SEC v. Rudden, et al. (ponzi schemes, 2020) SEC 2020-10-16 Ponzi Schemes — judgment
SEC v. Andeavor LLC (2020) SEC 2020-10-15 $20m settled
CFTC v. Peter Szatmari (binary options solicitation fraud, 2020) CFTC 2020-10-13 $5.7m judgment
SEC v. Alexander Rowland (2020) SEC 2020-10-13 — settled
SEC v. McAfee et al. (paid stock promotion, 2020) SEC 2020-10-06 Paid Stock Promotion — settled
CFTC v. Brendan Delovitch, Wesley Johnson, Rajeev Kansal and ARB Trading Group LP (spoofing, 2020) CFTC 2020-09-30 Spoofing $745k judgment
CFTC v. Sunoco (spoofing, 2020) CFTC 2020-09-30 Spoofing $450k judgment
CFTC v. Marcus Schultz (misappropriated information and fictitious trading, 2020) CFTC 2020-09-30 $670k settled
SEC v. Drew Morgan Ciccarelli (pump and dump, 2020) SEC 2020-09-30 Pump And Dump — settled
SEC v. Joel Stohlman, et al. (matched orders, 2020) SEC 2020-09-30 Matched Orders — filed
SEC v. Michael Staisil (ponzi schemes, 2020) SEC 2020-09-30 Ponzi Schemes $200k settled
SEC v. Morgan Stanley & Co. LLC (2020) SEC 2020-09-30 $5m settled
SEC v. Thomas J. Gity, et al. (2020) SEC 2020-09-30 $193k settled
SEC v. Todd W. Mixon (2020) SEC 2020-09-30 — judgment
CFTC v. JPMorgan (price manipulation, 2020) CFTC 2020-09-29 Price Manipulation , Spoofing $436m settled
CFTC v. Gain Capital Group, LLC (supervision failures, 2020) CFTC 2020-09-29 $300k settled
CFTC v. Roman Banoczay Jr., Roman Banoczay Sr. and BAZUR Spol. S.R.O. (spoofing, 2020) CFTC 2020-09-29 Spoofing $750k settled
SEC v. J.P. Morgan Securities LLC (layering and spoofing, 2020) SEC 2020-09-29 Layering , Spoofing $25m settled
SEC v. Lewis I. Wallach (ponzi schemes, 2020) SEC 2020-09-29 Ponzi Schemes — settled
ASIC v. Don Evans (insider trading, 2020) ASIC 2020-09-28 Insider Trading , Price Manipulation — judgment
CFTC v. Thomas Donino and FNY Partners Fund LP (spoofing, 2020) CFTC 2020-09-28 Spoofing $585k judgment
SEC v. Laksha Bohra, Viky Bohra, and Gotham Bohra (insider trading, 2020) SEC 2020-09-28 Insider Trading $1.1m judgment
SEC v. Christopher D. Bachinski (insider trading, 2020) SEC 2020-09-25 Insider Trading $23.1k settled
SEC v. Eric M. Hill (insider trading, 2020) SEC 2020-09-25 Insider Trading — settled
SEC v. Rachelle A. Thatcher (insider trading, 2020) SEC 2020-09-25 Insider Trading $11.6k settled
SEC v. Craig A. Zabala (2020) SEC 2020-09-24 — settled
SEC v. Edward T. Kelly (insider trading, 2020) SEC 2020-09-23 Insider Trading $170k settled
SEC v. Palmer Square Capital Management LLC (cross trading, 2020) SEC 2020-09-21 $450k settled
SEC v. PowerTradersPress.com, Inc., et al. (boiler rooms, 2020) SEC 2020-09-21 Boiler Rooms — judgment
SEC v. Robert Hoddes Jacobs (insider trading, 2020) SEC 2020-09-21 Insider Trading $157k settled
SEC v. Scott Allen Fries (2020) SEC 2020-09-17 $209k judgment
SEC v. Steven J. Sheinfeld (insider trading, 2020) SEC 2020-09-17 Insider Trading $305k settled
CFTC v. 4 Florida Men (ponzi schemes, 2020) CFTC 2020-09-16 Ponzi Schemes $80.5m judgment
SEC v. Frederick Mintz and Alan Fraade (undisclosed control blocks, 2020) SEC 2020-09-16 Undisclosed Control Blocks — judgment
CFTC v. Edge Financial Technologies (spoofing, 2020) CFTC 2020-09-15 Spoofing $48.4k judgment
Insider trader sentenced to three years imprisonment for trading in Big Un Ltd shares (ASIC, 2020) ASIC 2020-09-11 Insider Trading — judgment
CFTC v. Walsh (ponzi schemes, 2020) CFTC 2020-09-11 Ponzi Schemes — judgment
SEC v. Craig P. Moyes (insider trading, 2020) SEC 2020-09-10 Insider Trading $116k settled
SEC v. Richard M. Kirsch and Adam Terris (insider trading, 2020) SEC 2020-09-10 Insider Trading $2.5m settled
SEC v. Ryan Felton, FLiK, and CoinSpark (price manipulation, 2020) SEC 2020-09-10 Price Manipulation — judgment
FCA v. Conor Martin Foley (price manipulation, 2020) FCA 2020-09-07 Price Manipulation — judgment
SEC v. Covalent Collective, Inc. (unregistered distributions, 2020) SEC 2020-09-03 Unregistered Distributions — settled
SEC v. Peter DiChiara (reverse merger schemes, 2020) SEC 2020-09-03 Reverse Merger Schemes , Undisclosed Control Blocks $40k settled
SEC v. Phillip W. Conley (2020) SEC 2020-09-03 — judgment
SEC v. Steven Fitzgerald Brown (ponzi schemes, 2020) SEC 2020-09-03 Ponzi Schemes — settled
SEC v. Yue Li (insider trading, 2020) SEC 2020-09-03 Insider Trading $43.2k settled
CFTC v. Cartu et al. (rigged binary options execution, 2020) CFTC 2020-09-02 Rigged Binary Options Execution $100k judgment
CFTC v. Cartu et al. (rigged binary options execution, 2024) CFTC 2020-09-02 Rigged Binary Options Execution $153m judgment
FCA v. Julian Rifat Individual (insider trading, 2020) FCA 2020-09-01 Insider Trading — unknown
Corporate finance director pleads guilty to conspiring to manipulate market (ASIC, 2020) ASIC 2020-08-28 Price Manipulation — judgment
CFTC v. Multiple Individuals and Entities (ponzi schemes, 2020) CFTC 2020-08-28 Ponzi Schemes — filed
SEC v. Sepehr Sarshar (insider trading, 2020) SEC 2020-08-25 Insider Trading $56.2k settled
CFTC v. The Bank of Nova Scotia (spoofing, 2020) CFTC 2020-08-19 Spoofing — judgment
CFTC v. The Bank of Nova Scotia (spoofing, 2020) CFTC 2020-08-19 Spoofing $109m judgment
SEC v. Dale Tenhulzen et al. (ponzi schemes, 2020) SEC 2020-08-13 Ponzi Schemes — settled
SEC v. Sean R. Stewart et al. (insider trading, 2020) SEC 2020-08-13 Insider Trading — judgment
SEC v. Vu Anh Nguyen, Adam Michael Reed and Anthony Xavier Moya (free riding and parking, 2020) SEC 2020-08-11 Free Riding And Parking — settled
OSC v. Donald Bruce Wilson and others (2020) OSC 2020-08-10 — judgment
SEC v. Nicholas Mejia Scrivener (layering, 2020) SEC 2020-08-10 Layering , Spoofing $50k settled
SEC v. Jack Brewer (insider trading, 2020) SEC 2020-08-06 Insider Trading — filed
OSC v. Dino Paolucci (pump and dump, 2020) OSC 2020-08-05 Pump And Dump — judgment
Former financial adviser sentenced to six years’ imprisonment for dishonest conduct (ASIC, 2020) ASIC 2020-08-04 Ponzi Schemes — judgment
CFTC v. NYMEX (2020) CFTC 2020-08-04 $4m settled
SEC v. Victor Lee Farias and Integrity Aviation & Leasing, LLC (ponzi schemes, 2020) SEC 2020-08-04 Ponzi Schemes — judgment
SEC v. Mustafa David Sayid and Norman Reynolds (pump and dump, 2020) SEC 2020-07-29 Pump And Dump $235k judgment
AMF France v. Electricité de France S.A., B and A (false or misleading information, 2020) AMF (France) 2020-07-28 False Rumors — judgment
SEC v. Celadon Financial Group LLC (naked short selling debate, 2020) SEC 2020-07-27 Naked Short Selling Debate $125k settled
SEC v. Harold L. Altvater (insider trading, 2020) SEC 2020-07-24 Insider Trading — judgment