Market Manipulation. Search

Market manipulation enforcement actions filed in 2023

This library records 363 market manipulation enforcement actions filed in 2023, brought by AMF-FR, ASIC, CFTC, OSC, SEBI, 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
$232m
Median penalty
$449k
Largest
$91m
Criminal parallel
17%
Action Agency Filed Technique Penalty Status
SEBI v. Arvind Kumar Saraf and others (Arcotech insider trading, 2023) SEBI (India) 2023-12-29 Insider Trading — dismissed
SEBI v. Ambalal Jhaverbhai Patel and others (Econo Trade (India) Ltd, 2023) SEBI (India) 2023-12-29 Matched Orders , Price Manipulation — judgment
SEC v. Diana Mae Fernandez (2023) SEC 2023-12-28 — settled
SEBI v. Akhter Aziz Siddiqi and others (Fedders Electric and Engineering, 2023) SEBI (India) 2023-12-22 Misleading Issuer Disclosure — judgment
SEC v. BarnBridge DAO (unregistered distributions, 2023) SEC 2023-12-22 Unregistered Distributions — settled
SEC v. Tyler Ward and Troy Murray (unregistered distributions, 2023) SEC 2023-12-22 Unregistered Distributions $250k settled
SEC v. Agridime LLC, Joshua Link, and Jed Wood (ponzi schemes, 2023) SEC 2023-12-18 Ponzi Schemes — judgment
SEC v. Dozy Mmobuosi, et al. (financial-statement fraud, 2023) SEC 2023-12-18 $35.4m judgment
SEC v. Titanium Capital LLC and others (ponzi schemes, 2023) SEC 2023-12-18 Ponzi Schemes — judgment
CFTC v. Freepoint Commodities LLC (insider trading, 2023) CFTC 2023-12-14 Insider Trading $91m judgment
SEC v. Andrew M. Komarow (free riding and parking, 2023) SEC 2023-12-08 Free Riding And Parking — settled
SEC v. Raymond J. Pirrello, Jr., et al. (2023) SEC 2023-12-07 — filed
SEC v. Marc E. Wexler (price manipulation, 2023) SEC 2023-12-05 Price Manipulation , Pump And Dump — judgment
ASIC v. Henry Eng Chye Heng (price manipulation, 2023) ASIC 2023-12-04 Price Manipulation — judgment
SEBI v. Maheshwari Financial Services Ltd (Aplaya Creations, 2023) SEBI (India) 2023-11-30 Price Manipulation — judgment
SEBI v. Gulabchand Agrawal and others (Sanwaria Consumer, 2023) SEBI (India) 2023-11-30 Misleading Issuer Disclosure — judgment
SEBI v. B. Ramalinga Raju and others (Satyam Computer Services, remand order, 2023) SEBI (India) 2023-11-30 Misleading Issuer Disclosure , Insider Trading — judgment
SEBI v. Pranav Dipak Desai and others (Ambit Capital dealers, Aequitas complaint, 2023) SEBI (India) 2023-11-29 Front Running — judgment
SEC v. Andrew DeFrancesco, Marlio Mauricio Diaz Cardona, Carlos Felipe Rezk, Nicola Faukovic, and Catherine DeFrancesco (pump and dump, 2023) SEC 2023-11-29 Pump And Dump $446k judgment
SEC v. Joseph M. Dupont et al. (insider trading, 2023) SEC 2023-11-28 Insider Trading — judgment
AMF France v. Visiomed Group and others (false or misleading information, 2023) AMF (France) 2023-11-27 Misleading Issuer Disclosure — judgment
SEC v. Nadim Ahmed et al. (unregistered distributions, 2023) SEC 2023-11-21 Unregistered Distributions — filed
SEC v. Laidlaw and Company (UK) Ltd. (churning, 2023) SEC 2023-11-20 Churning $223k settled
AMF France v. Jordi Eeman (layering, 2023) AMF (France) 2023-11-16 Layering , Spoofing — settled
CFTC v. Chicago-based Phillip Galles (ponzi schemes, 2023) CFTC 2023-11-15 Ponzi Schemes $16m judgment
SEC v. Matthew Melton (ponzi schemes, 2023) SEC 2023-11-15 Ponzi Schemes — filed
SEC v. Charter Communications, Inc. (2023) SEC 2023-11-14 $25m settled
AMF France v. M. Rémi Guillet and M. Yohann Catherine (insider trading, 2023) AMF (France) 2023-11-10 Insider Trading — judgment
SEC v. John A. Masanotti, Jr. and Middlesex Mortgage Group, LLC (ponzi schemes, 2023) SEC 2023-11-09 Ponzi Schemes — filed
SEBI v. Ankit Laxmipatraj Singhvi (Abans Enterprises, 2023) SEBI (India) 2023-11-08 Price Manipulation — judgment
SEC v. SafeMoon LLC, SafeMoon US LLC, Kyle Nagy, Braden John Karony, Thomas Glenn Smith (wash trading, 2023) SEC 2023-11-01 Wash Trading — filed
SEBI v. Nirmal Kumar Mangalchand Mittal and others (United Polyfab Gujarat, 2023) SEBI (India) 2023-10-31 Price Manipulation — dismissed
SEBI v. Ushik Gala and others (Suumaya Industries, 2023) SEBI (India) 2023-10-31 Insider Trading — dismissed
SEBI v. Jatin Rasiklal Mansata and others (Shri Krishna Prasadam, 2023) SEBI (India) 2023-10-30 Spoofing — judgment
SEC v. Joseph Conlan (insider trading, 2023) SEC 2023-10-30 Insider Trading $73.6k settled
SEC v. Bruce Schoengood, Medifirst Solutions, Inc., and Joshua Tyrell (unregistered distributions, 2023) SEC 2023-10-27 Unregistered Distributions — judgment
SEBI v. Govind Raj Rao and others (Sharepro Services share-transfer and dividend fraud, 2023) SEBI (India) 2023-10-27 — judgment
OSC v. Thomas John Finch (insider trading, 2023) OSC 2023-10-25 Insider Trading — settled
SEC v. BlackRock Advisors, LLC (2023) SEC 2023-10-24 $2.5m settled
CFTC v. Ceres Global Ag Corp. (price manipulation, 2023) CFTC 2023-10-23 Price Manipulation $3m settled
OSC v. Charles DeBono (ponzi schemes, 2023) OSC 2023-10-23 Ponzi Schemes — judgment
SEC v. Anson Advisors Inc. (rule 105 offering shorts, 2023) SEC 2023-10-19 Rule 105 Offering Shorts $600k settled
SEC v. Brian Marc Rubin (insider trading, 2023) SEC 2023-10-17 Insider Trading — settled
SEBI v. Venkatraman Ranganathan and others (Cerebra Integrated Technologies, 2023) SEBI (India) 2023-10-12 Insider Trading — judgment
SEC v. Matthew M. Motil (ponzi schemes, 2023) SEC 2023-10-04 Ponzi Schemes — settled
SEC v. Zera Financial LLC and Luis A. Romero (ponzi schemes, 2023) SEC 2023-10-03 Ponzi Schemes — judgment
SEC v. Bin Hao and Qidian LLC (ponzi schemes, 2023) SEC 2023-09-29 Ponzi Schemes $236k judgment
SEC v. John Feloni and Stock Squirrel, Inc. (2023) SEC 2023-09-29 $223k settled
SEC v. Maxim Group, LLC (naked short selling debate, 2023) SEC 2023-09-29 Naked Short Selling Debate $800k settled
CFTC v. Regal Assets LLC, Tyler G. Gallagher and Leah Donoso (2023) CFTC 2023-09-28 $27.3m judgment
CFTC v. Darren Robinson and The QYU Holdings Inc. (ponzi schemes, 2023) CFTC 2023-09-28 Ponzi Schemes $5.9m judgment
SEC v. Anthony Viggiano, Stephen A. Forlano, Christopher Salamone, and Nathan Bleckley (insider trading, 2023) SEC 2023-09-28 Insider Trading — settled
SEC v. Marco A Perez, Pedro Perez Jr., and Olivia Perez Durbin (insider trading, 2023) SEC 2023-09-28 Insider Trading — settled
SEC v. Michael Blumer, John Kuprianchik, David Page, Steven Thompson, Joseph Todaro (churning, 2023) SEC 2023-09-28 Churning — filed
CFTC v. Dichao Xie (insider trading, 2023) CFTC 2023-09-27 Insider Trading $350k judgment
SEC v. Robert Del Prete (insider trading, 2023) SEC 2023-09-27 Insider Trading — judgment
CFTC v. Patrick Wonsey (ponzi schemes, 2023) CFTC 2023-09-26 Ponzi Schemes — filed
SEC v. Philip Verges, James D. Tilton, Jr., Robert F. Malin, Linda Malin and Blue Citi, LLC (pump and dump, 2023) SEC 2023-09-26 Pump And Dump — filed
SEC v. William B. McHenry, Jr. and First South Investments, LLC (ponzi schemes, 2023) SEC 2023-09-26 Ponzi Schemes , Unregistered Distributions — judgment
SEC v. Stephen L. Bailey, Sapphire Exploration LLC, and Harris Exploration Inc. (ponzi schemes, 2023) SEC 2023-09-25 Ponzi Schemes — filed
CFTC v. Jie "Elaine" Yu (matched orders, 2023) CFTC 2023-09-22 Matched Orders $300k judgment
SEC v. Citadel Securities, LLC (2023) SEC 2023-09-22 $7m settled
SEC v. Empirex Capital LLC and Rafael Alberto Vargas Gonzalez (ponzi schemes, 2023) SEC 2023-09-22 Ponzi Schemes — settled
SEC v. Nathalia I. Burgos, Christian A. Cuesta, Steven A. Fernandez et. al. (ponzi schemes, 2023) SEC 2023-09-22 Ponzi Schemes — settled
SEC v. Jon P. Kubler, Kubler Consulting LLC, Aksarben Evolution LLC, AV Bhill LLC, CFH Texas LLC, Green Saddle LLC (ponzi schemes, 2023) SEC 2023-09-21 Ponzi Schemes $1m settled
SEC v. Jonathan Becker (insider trading, 2023) SEC 2023-09-21 Insider Trading — settled
SEC v. Aras Investment Business Group S.A.P.I. de C.V., Armando Gutierrez Rosas and others (ponzi schemes, 2023) SEC 2023-09-21 Ponzi Schemes $449k judgment
ASIC v. Interactive Brokers (marking the close, 2023) ASIC 2023-09-20 Marking The Close — settled
SEBI v. C H P Finance Pvt Ltd and others (Safal Herbs, 2023) SEBI (India) 2023-09-20 Price Manipulation — judgment
SEBI v. Roshanlal Daulatram Aggarwal and others (Mega Nirman and Industries, 2023) SEBI (India) 2023-09-20 Matched Orders , Price Manipulation — judgment
SEBI v. Rajat Jain and Ritesh Jain (Principal Mutual Fund, DHFL downgrade switches, 2023) SEBI (India) 2023-09-20 Front Running — dismissed
SEBI v. N. R. Panicker and others (Accel Frontline / Inspirisys Solutions, 2023) SEBI (India) 2023-09-20 Misleading Issuer Disclosure — judgment
SEC v. MFB 111 Investment, LLC and Monise François Bien Aimé (ponzi schemes, 2023) SEC 2023-09-19 Ponzi Schemes — settled
SEC v. Tilila Walker Sumchai (ponzi schemes, 2023) SEC 2023-09-19 Ponzi Schemes — filed
SEBI v. Rajiv Amarish Agarwal and others (ABC Bearings insider trading, 2023) SEBI (India) 2023-09-18 Insider Trading — judgment
SEBI v. Sahir Patel (ABC Bearings insider trading settlement, 2023) SEBI (India) 2023-09-18 Insider Trading — settled
SEBI v. Anand H Soni and others (Capri Global Capital, 2023) SEBI (India) 2023-09-18 Matched Orders , Price Manipulation — judgment
SEC v. GGToor, Inc. (unregistered distributions, 2023) SEC 2023-09-18 Unregistered Distributions $40k settled
SEC v. Jonathan J. Ferrie (insider trading, 2023) SEC 2023-09-18 Insider Trading $16k settled
SEC v. Lyft, Inc. (2023) SEC 2023-09-18 $10m settled
SEBI v. Talwalkars Healthclubs Ltd and others (inflated bank balances, 2023) SEBI (India) 2023-09-15 Misleading Issuer Disclosure — judgment
SEBI v. Talwalkars Better Value Fitness Ltd and others (misstated financials, 2023) SEBI (India) 2023-09-15 Misleading Issuer Disclosure — judgment
SEBI v. Chiranjilal Jayaram Vyas and others (Sunteck Realty, remand penalty, 2023) SEBI (India) 2023-09-14 Wash Trading , Price Manipulation — judgment
SEC v. Xia Hong (insider trading, 2023) SEC 2023-09-14 Insider Trading $75k settled
SEC v. Rand Heckler (2023) SEC 2023-09-13 — settled
SEC v. Stoner Cats 2, LLC (unregistered distributions, 2023) SEC 2023-09-13 Unregistered Distributions $1m settled
SEC v. Esos Rings, Inc. and Michelle Silverstein aka Michelle Silverstein Bisnoff (ponzi schemes, 2023) SEC 2023-09-12 Ponzi Schemes $233k settled
SEC v. George Stubos (undisclosed control blocks, 2023) SEC 2023-09-12 Undisclosed Control Blocks , Pump And Dump — judgment
SEC v. Virtu Financial Inc. and Virtu Americas LLC (2023) SEC 2023-09-12 $2.5m settled
SEC v. Mortgage Industry Advisory Corporation (2023) SEC 2023-09-11 $100k settled
SEC v. Simplex Trading, LLC (naked short selling debate, 2023) SEC 2023-09-11 Naked Short Selling Debate $200k settled
SEBI v. Gokul Solutions Ltd and others (matched trades, 2023) SEBI (India) 2023-09-08 Matched Orders , Price Manipulation — judgment
SEC v. Mina Tadrus, et al. (ponzi schemes, 2023) SEC 2023-09-08 Ponzi Schemes — settled
AMF France v. Rallye and M. Franck Hattab (false or misleading information, 2023) AMF (France) 2023-09-07 Misleading Issuer Disclosure — judgment
CFTC v. Logista Advisors LLC and Andrew Serotta (spoofing, 2023) CFTC 2023-09-07 Spoofing — filed
SEC v. Linus Financial, Inc. (unregistered distributions, 2023) SEC 2023-09-07 Unregistered Distributions — settled
SEBI v. Guiness Securities Limited (stock broker registration cancelled, 2023) SEBI (India) 2023-09-07 — judgment
OSC v. Derek Scheinman (ponzi schemes, 2023) OSC 2023-09-06 Ponzi Schemes — judgment
SEBI v. Maheshwari Financial Services Pvt Ltd and others (Yamini Investment Company, 2023) SEBI (India) 2023-09-04 Matched Orders , Price Manipulation — judgment
SEC v. Jeremy Koski (fake press releases, 2023) SEC 2023-09-01 Fake Press Releases $100k settled