Market Manipulation. Search

Market manipulation enforcement actions filed in 2024

This library records 266 market manipulation enforcement actions filed in 2024, brought by AMF-FR, ASIC, CFTC, FCA, 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
$188m
Median penalty
$168k
Largest
$111m
Criminal parallel
20%
Action Agency Filed Technique Penalty Status
SEBI v. Hanif Kasambhai Shekh (bulk SMS buy tips, Premier Synthetics, 2024) SEBI (India) 2024-12-31 — judgment
SEC v. Dale B. Chappell, et al. (insider trading, 2024) SEC 2024-12-30 Insider Trading — filed
SEBI v. Jaiprakash Power Ventures Limited and others (accounting for corporate guarantees, 2024) SEBI (India) 2024-12-27 Misleading Issuer Disclosure — judgment
Perth accountant charged over alleged insider trading in Genesis Minerals shares (ASIC, 2024) ASIC 2024-12-23 Insider Trading — filed
Third person sentenced for Courtenay House misconduct (ASIC, 2024) ASIC 2024-12-22 Ponzi Schemes — judgment
SEBI v. Nimai Parekh and Rahil Dalal (HDFC merger settlement, 2024) SEBI (India) 2024-12-20 Insider Trading — settled
SEC v. Silver Point Capital, L.P. (2024) SEC 2024-12-20 — dismissed
SEC v. Tai Mo Shan Limited (unregistered distributions, 2024) SEC 2024-12-20 Unregistered Distributions $36.7m settled
SEBI v. Samir Kothari, Jitendra N. Kewalramani and others (front running of Sheth family trust orders, settlement, 2024) SEBI (India) 2024-12-19 Front Running — settled
SEC v. Curt L Dewitz (insider trading, 2024) SEC 2024-12-19 Insider Trading $70.4k settled
SEC v. Ronald Bauer and seven others (pump and dump, 2024) SEC 2024-12-19 Pump And Dump $1m judgment
SEC v. Snow Lake Capital (HK) Limited (rule 105 offering shorts, 2024) SEC 2024-12-19 Rule 105 Offering Shorts $525k settled
SEC v. Ken Peterman (insider trading, 2024) SEC 2024-12-18 Insider Trading — filed
SEC v. Sai-Hong Ignatius Ou (insider trading, 2024) SEC 2024-12-18 Insider Trading $1.5m settled
SEC v. SogoTrade, Inc. (2024) SEC 2024-12-17 $125k settled
AMF France v. EcoR1 Capital LLC and M. Oleg Nodelman (marking the close, 2024) AMF (France) 2024-12-13 Marking The Close — judgment
SEC v. Zachary Stevenson (spoofing, 2024) SEC 2024-12-13 Spoofing $150k settled
AMF France v. Auplata Mining Group and others (price manipulation, 2024) AMF (France) 2024-12-11 Price Manipulation — judgment
CFTC v. Storm Bryant, Elijah Bryant III and three companies (ponzi schemes, 2024) CFTC 2024-12-11 Ponzi Schemes $3.9m judgment
SEC v. Frederick Tayton Dencer, Luke Abelard Dencer and others (2024) SEC 2024-12-11 — filed
SEC v. John S. Clayton and others (insider trading, 2024) SEC 2024-12-11 Insider Trading , Paid Stock Promotion — filed
CFTC v. Francier Obando Pinillo, Solano Partners Ltd. and Solano Capital Investments (ponzi schemes, 2024) CFTC 2024-12-10 Ponzi Schemes — filed
SEC v. David Banister, et al. (social media ramps, 2024) SEC 2024-12-10 Social Media Ramps — filed
SEC v. David C. Underwood (unregistered distributions, 2024) SEC 2024-12-09 Unregistered Distributions $50k settled
SEC v. Marc J. Toomey (unregistered distributions, 2024) SEC 2024-12-09 Unregistered Distributions $50k settled
SEC v. Stephen R. Bishop (unregistered distributions, 2024) SEC 2024-12-09 Unregistered Distributions — settled
SEC v. Jordan Qsar, Grant Witherspoon, Austin Bernard, and Chase Lambert (insider trading, 2024) SEC 2024-12-05 Insider Trading $198k judgment
SEC v. Dow Rockwell LLC and Richard Dow Rockwell (2024) SEC 2024-12-03 $80k judgment
SEBI v. Praveen Rastogi and others (Continental Seeds and Chemicals scheme, 2024) SEBI (India) 2024-11-29 Matched Orders , Price Manipulation — judgment
SEBI v. Murari Lal Sarda and others (front running of Thar Share Brokers group trades, 2024) SEBI (India) 2024-11-28 Front Running — judgment
SEC v. FiveT Capital AG (rule 105 offering shorts, 2024) SEC 2024-11-26 Rule 105 Offering Shorts $805k settled
SEBI v. Maneesh Kumar Jain and S. V. Subha Rao (insider trading in Jagsonpal Pharmaceuticals, 2024) SEBI (India) 2024-11-22 Insider Trading — judgment
SEC v. Lightspeed Financial Services Group LLC (suspicious activity reporting, 2024) SEC 2024-11-22 $75k settled
SEC v. Paulson Investment Company LLC (suspicious activity reporting, 2024) SEC 2024-11-22 $75k settled
SEC v. Webull Financial LLC (2024) SEC 2024-11-22 $125k settled
SEC v. Timothy Page, Trevor Page and others (boiler rooms, 2024) SEC 2024-11-20 Boiler Rooms , Undisclosed Control Blocks $7.7m judgment
SEC v. Robert Brian Thompson (insider trading, 2024) SEC 2024-11-19 Insider Trading — settled
FCA v. Travis Lloyd Klein (fictitious internal trades, 2024) FCA 2024-11-18 Mismarking — unknown
SEBI v. S. Madhavan (Midvalley Entertainment IPO, remand order, 2024) SEBI (India) 2024-11-14 Misleading Issuer Disclosure — dismissed
SEC v. Epic Capital Wealth Advisors, LLC (2024) SEC 2024-11-08 — judgment
SEC v. Carlos Sacanell (insider trading, 2024) SEC 2024-10-31 Insider Trading — filed
SEC v. Dusan Varga and Pannon Investment Advisors LLC (ponzi schemes, 2024) SEC 2024-10-31 Ponzi Schemes — settled
SEBI v. United Phosphorus Limited and Jaidev Rajnikant Shroff (routing of funds via UBS accounts, settlement, 2024) SEBI (India) 2024-10-30 Misleading Issuer Disclosure — settled
CFTC v. NOLA FX Capital Management, LLC, Meteor, LLC and Michael B. DePetrillo (ponzi schemes, 2024) CFTC 2024-10-28 Ponzi Schemes — filed
CFTC v. Yueyu Bao (matched orders, 2024) CFTC 2024-10-24 Matched Orders $260k judgment
SEC v. Unisys Corporation (2024) SEC 2024-10-22 $4m settled
SEBI v. Nitinbhai Dalsukhbhai Chauhan and others (Manaksia Coated Metals synchronised trades, 2024) SEBI (India) 2024-10-21 Matched Orders , Price Manipulation — judgment
SEC v. Brian Quinn and David Skriloff (Environmental Packaging, 2024) SEC 2024-10-18 Reverse Merger Schemes , Undisclosed Control Blocks $461k judgment
SEC v. Ruimin Xie (insider trading, 2024) SEC 2024-10-17 Insider Trading $59.4k settled
SEC v. Umapathi Kakkera (insider trading, 2024) SEC 2024-10-17 Insider Trading $206k settled
SEC v. Baris Cabalar (churning, 2024) SEC 2024-10-16 Churning — filed
CFTC v. Traders Domain FX LTD., Fredirick Safranko and others (ponzi schemes, 2024) CFTC 2024-10-15 Ponzi Schemes — filed
SEC v. Matthew Groom (insider trading, 2024) SEC 2024-10-15 Insider Trading $12.9k settled
SEBI v. Royal Orchid Hotels Limited and others (misclassified subsidiary, 2024) SEBI (India) 2024-10-11 Misleading Issuer Disclosure — judgment
SEC v. CLS Global FZC LLC and Andrey Zhorzhes (paid crypto market making, 2024) SEC 2024-10-09 Paid Crypto Market Making $425k settled
SEC v. Gotbit Consulting LLC a/k/a Gotbit Hedge Fund and Fedor Kedrov (paid crypto market making, 2024) SEC 2024-10-09 Paid Crypto Market Making , Wash Trading — unknown
SEC v. Minerco, Inc., Bobby Shumake Japhia, and Julius Makiri Jenge (pump and dump, 2024) SEC 2024-10-09 Pump And Dump — settled
SEC v. Russell Armand, Maxwell Hernandez, Manpreet Singh Kohli, and Nam Tran (paid crypto market making, 2024) SEC 2024-10-09 Paid Crypto Market Making — settled
SEC v. Vy Pham (paid crypto market making, 2024) SEC 2024-10-09 Paid Crypto Market Making — settled
SEC v. ZM Quant Investment Ltd., Baijun Ou a/k/a Eric Ou, and Ruiqi Lau a/k/a Ricky Liu (paid crypto market making, 2024) SEC 2024-10-09 Paid Crypto Market Making , Wash Trading — unknown
SEBI v. National Stock Exchange of India and others (TAP network architecture, settlement, 2024) SEBI (India) 2024-10-04 — settled
CFTC v. Taishin Securities Co., Ltd. (wash trading, 2024) CFTC 2024-10-01 Wash Trading $200k judgment
SEC v. Barry Siegel (insider trading, 2024) SEC 2024-10-01 Insider Trading $113k judgment
SEBI v. Sureshkumar Parmar and others (Premier Synthetics Limited circular trades, 2024) SEBI (India) 2024-09-30 Wash Trading , Price Manipulation — judgment
SEC v. Marathon Asset Management, LP (2024) SEC 2024-09-30 $1.5m settled
SEC v. TD Securities (USA) LLC (spoofing, 2024) SEC 2024-09-30 Spoofing $6.5m settled
SEC v. Austin Kauh (insider trading, 2024) SEC 2024-09-27 Insider Trading $30.3k settled
SEC v. Eric Hannelius (insider trading, 2024) SEC 2024-09-27 Insider Trading $168k settled
SEC v. Mango Labs, LLC, Mango DAO, and Blockworks Foundation (unregistered distributions, 2024) SEC 2024-09-27 Unregistered Distributions — settled
SEC v. Marco Babini, et al. (price manipulation, 2024) SEC 2024-09-27 Price Manipulation — judgment
SEC v. Robert B. Westbrook (hack to trade, 2024) SEC 2024-09-27 Hack To Trade , Insider Trading — filed
SEC v. Bhardwaj et al. (insider trading, 2024) SEC 2024-09-26 Insider Trading — judgment
SEC v. Bryan Scott McMillan (insider trading, 2024) SEC 2024-09-26 Insider Trading $122k settled
SEC v. Karina N. Fernandez and others (ponzi schemes, 2024) SEC 2024-09-26 Ponzi Schemes — judgment
CFTC v. Rudy Avila (ponzi schemes, 2024) CFTC 2024-09-25 Ponzi Schemes $1.5m judgment
CFTC v. Texas Associated Person (insider trading, 2024) CFTC 2024-09-25 Insider Trading — judgment
SEC v. Eric J. Watson et al. (insider trading, 2024) SEC 2024-09-24 Insider Trading $75k judgment
SEC v. Benjamin Ballout, Mohamed Zayed, and William Fielding (pump and dump, 2024) SEC 2024-09-23 Pump And Dump $922k judgment
SEC v. Centerline Investment Management Limited (rule 105 offering shorts, 2024) SEC 2024-09-23 Rule 105 Offering Shorts $112k settled
SEC v. Abraxas J. DiScala (pump and dump, 2024) SEC 2024-09-20 Pump And Dump , Unregistered Distributions — judgment
SEC v. Newpoint Financial Corp., Keith D. Beekmeyer and Andrew M. Bye (2024) SEC 2024-09-20 $300k settled
SEC v. Philip Markin (insider trading, 2024) SEC 2024-09-19 Insider Trading $32.7k settled
SEC v. Rari Capital Infrastructure LLC (unregistered distributions, 2024) SEC 2024-09-18 Unregistered Distributions — settled
SEC v. Gates Capital Management, Inc. (rule 105 offering shorts, 2024) SEC 2024-09-17 Rule 105 Offering Shorts $57.6k settled
SEC v. Joel David Castro Leon and Shmuel A. Sherr (spoofing, 2024) SEC 2024-09-17 Spoofing $139k settled
SEC v. NanoBit Limited, Radiant Horizons Limited, Sweet Karma Fashion Inc., Zhao Tropical Deli Inc., Jiajie Liu, Fei Liao, and Hua Zhao (2024) SEC 2024-09-17 $4.8m judgment
SEC v. Federico Nannini, Mauro Nannini, Alejandro Thermiotis, and Francisco Tonarely (insider trading, 2024) SEC 2024-09-16 Insider Trading — settled
SEC v. Flyfish Club, LLC (unregistered distributions, 2024) SEC 2024-09-16 Unregistered Distributions $750k settled
SEBI v. OPG Securities Private Limited and others (NSE co-location, remand order, 2024) SEBI (India) 2024-09-13 — judgment
SEBI v. National Stock Exchange of India and others (co-location collusion charge, remand order, 2024) SEBI (India) 2024-09-13 — dismissed
CFTC v. Unregistered Florida Commodity Pool Operator and Its Chief Executive Officer (ponzi schemes, 2024) CFTC 2024-09-12 Ponzi Schemes — filed
SEC v. Anthony Guarino (2024) SEC 2024-09-12 $100k settled
SEC v. Dishant Gupta (insider trading, 2024) SEC 2024-09-10 Insider Trading — settled
SEBI v. Pranshu Bhutra and others (alleged insider trading in Infosys, 2024) SEBI (India) 2024-09-09 Insider Trading — dismissed
SEC v. Hunter Haithcock (ponzi schemes, 2024) SEC 2024-09-09 Ponzi Schemes — filed
SEC v. James M. Phillips (insider trading, 2024) SEC 2024-09-09 Insider Trading $63.2k settled
SEC v. Matthew P. Forlano (insider trading, 2024) SEC 2024-09-09 Insider Trading $18.2k settled
SEC v. Esmark Inc. and James P. Bouchard (sham tender offers, 2024) SEC 2024-09-06 Sham Tender Offers $600k settled
CFTC v. Sam Ikkurty (ponzi schemes, 2024) CFTC 2024-09-03 Ponzi Schemes $111m judgment
SEC v. Chanon Gordon (2024) SEC 2024-09-03 $25k settled