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, 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
66
Total penalties
$110m
Median penalty
$260k
Largest
$83m
Criminal parallel
15%
Action Agency Filed Technique Penalty Status
CFTC v. Darren Robinson (ponzi schemes, 2024) CFTC 2024-04-26 Ponzi Schemes $5.9m judgment
SEBI v. Bhavin Pankaj Doshi and others (Maxgrow Fintrade front running, 2024) SEBI (India) 2024-04-26 Front Running — settled
SEC v. Kevin Crotty (insider trading, 2024) SEC 2024-04-26 Insider Trading $30.7k settled
SEBI v. Invesco Asset Management (India) Private Limited and others (inter-scheme transfers, settlement, 2024) SEBI (India) 2024-04-24 — settled
ASIC v. Henry Eng Chye Heng (price manipulation, 2024) ASIC 2024-04-22 Price Manipulation — judgment
SEBI v. Bharat Raj Punj and others (LEEL Electricals Ltd, 2024) SEBI (India) 2024-04-18 Misleading Issuer Disclosure — judgment
CFTC v. Eshaq M. Nawabi and Hyperion Consulting Inc. (ponzi schemes, 2024) CFTC 2024-04-15 Ponzi Schemes $4.5m judgment
SEC v. George Stubos, et al. (undisclosed control blocks, 2024) SEC 2024-04-15 Undisclosed Control Blocks , Pump And Dump — judgment
SEC v. Gil Friedman (insider trading, 2024) SEC 2024-04-15 Insider Trading $298k judgment
CFTC v. Daniel Shak (spoofing, 2024) CFTC 2024-04-11 Spoofing $750k settled
SEC v. Zachary J. Horwitz (ponzi schemes, 2024) SEC 2024-04-11 Ponzi Schemes — judgment
SEC v. Anthony Manna (insider trading, 2024) SEC 2024-04-09 Insider Trading $3.5k settled
SEC v. Joseph Young (insider trading, 2024) SEC 2024-04-09 Insider Trading $16.6k settled
SEC v. Michael Sapraicone (insider trading, 2024) SEC 2024-04-09 Insider Trading $14.1k settled
SEC v. Matthew Panuwat (insider trading, 2024) SEC 2024-04-08 Insider Trading — judgment
SEC v. Eduardo Hernandez, Christopher Flagg, Daquan Lloyd and Corey Ortiz (free riding and parking, 2024) SEC 2024-04-04 Free Riding And Parking , Matched Orders — settled
SEBI v. Bharat Bhushan and others (Best Agrolife Ltd, 2024) SEBI (India) 2024-04-03 Wash Trading , Price Manipulation — judgment
SEC v. ClearPath Wealth Management, LLC and Patrick Churchville (ponzi schemes, 2024) SEC 2024-04-03 Ponzi Schemes — judgment
SEC v. Jason Nielsen (spoofing, 2024) SEC 2024-04-03 Spoofing — judgment
SEC v. Ronald Heineman (price manipulation, 2024) SEC 2024-04-03 Price Manipulation $25k judgment
SEC v. Senvest Management, LLC (2024) SEC 2024-04-03 $6.5m settled
CFTC v. Australia and New Zealand Banking Group Ltd. (supervision failures, 2024) CFTC 2024-04-02 $500k judgment
SEC v. Travis Treusch (free riding and parking, 2024) SEC 2024-04-02 Free Riding And Parking — settled
SEBI v. Anirudh Sethi and others (Alexander Stamps and Coin Ltd, 2024) SEBI (India) 2024-03-28 Matched Orders , Price Manipulation — judgment
SEBI adjudication orders on illiquid stock options at BSE (2024 batch) SEBI (India) 2024-03-28 Matched Orders — judgment
SEC v. Matthew Nicosia, William Reininger, Fabrizio Di Carlo, and Ronald Touchard (pump and dump, 2024) SEC 2024-03-28 Pump And Dump $100k judgment
SEBI v. Jils Raichand Madan (Aadhaar Ventures preferential-allotment funding, 2024) SEBI (India) 2024-03-28 — dismissed
SEBI v. Rohit Mankotia and Shila Devi (Sapphire Intrex front running, 2024) SEBI (India) 2024-03-26 Front Running — judgment
SEBI v. Kaushal Chandarana and others (Banhem and Ninja front running of Anvil, 2024) SEBI (India) 2024-03-21 Front Running — judgment
SEBI v. Aashu Garg and others (Vikas Proppant and Granite Ltd, 2024) SEBI (India) 2024-03-20 Undisclosed Control Blocks — judgment
Third person pleads guilty in relation to Courtenay House Ponzi scheme (ASIC, 2024) ASIC 2024-03-19 Ponzi Schemes — judgment
SEC v. Ismael Zarco Sanchez and 16 others (ponzi schemes, 2024) SEC 2024-03-14 Ponzi Schemes — filed
SEC v. Roy M. Cook and others (insider trading, 2024) SEC 2024-03-12 Insider Trading $1.4m settled
SEC v. Ishan Wahi et al. (insider listing trading, 2024) SEC 2024-03-11 Insider Listing Trading , Insider Trading $1.6m judgment
SEC v. Hemant Agrawal (insider trading, 2024) SEC 2024-03-04 Insider Trading $29.8k settled
SEBI v. United Polyfab Gujarat Ltd and others (SME board migration price rigging, 2024) SEBI (India) 2024-02-29 Price Manipulation , Matched Orders — judgment
SEBI v. Parvati Minerals Pvt Ltd (Sun & Shine Worldwide Ltd, 2024) SEBI (India) 2024-02-29 Price Manipulation — judgment
SEBI v. Madhukar Dubey (HPC Biosciences IPO funding scheme, 2024) SEBI (India) 2024-02-29 — judgment
SEBI v. Tushar Gupta (Tata Absolute Return Fund front running, 2024) SEBI (India) 2024-02-27 Front Running — dismissed
SEC v. Harmel S. Rayat, RenovaCare, Inc., Jatinder Bhogal (pump and dump, 2024) SEC 2024-02-27 Pump And Dump $2.4m judgment
SEBI v. Mideast Integrated Steels Ltd and others (financial statement fraud, 2024) SEBI (India) 2024-02-21 Misleading Issuer Disclosure — judgment
SEC v. Contrarian Capital Management, L.L.C. (rule 105 offering shorts, 2024) SEC 2024-02-21 Rule 105 Offering Shorts $140k settled
SEC v. Andrew M. Komarow (free riding and parking, 2024) SEC 2024-02-20 Free Riding And Parking — settled
SEC v. Christian Fernandez (paid stock promotion, 2024) SEC 2024-02-20 Paid Stock Promotion — settled
SEC v. Rafael Vargas (2024) SEC 2024-02-15 — settled
SEC v. John Feloni and Stock Squirrel, Inc. (2024) SEC 2024-02-12 $223k judgment
SEC v. TradeStation Crypto, Inc. (unregistered distributions, 2024) SEC 2024-02-07 Unregistered Distributions $1.5m settled
AMF France v. Sergio Val Allue and others (insider trading, 2024) AMF (France) 2024-01-31 Insider Trading — dismissed
Court declares Westpac engaged in unconscionable conduct for interest rate swap, maximum penalty applied (ASIC, 2024) ASIC 2024-01-31 — judgment
SEBI v. Kishan Vishram Nanda and others (Sanctum Wealth front running, 2024) SEBI (India) 2024-01-31 Front Running — judgment
SEBI v. R. Senthil Kumar and others (Trustline front running, 2024) SEBI (India) 2024-01-25 Front Running — judgment
AMF France v. M. Miron Leshem, Grantchester Equity Limited and others (price manipulation, 2024) AMF (France) 2024-01-24 Price Manipulation — judgment
ASIC v. Cameron Waugh (insider trading, 2024) ASIC 2024-01-24 Insider Trading — judgment
SEC v. Tian "Tony" Tian (insider trading, 2024) SEC 2024-01-22 Insider Trading $72.1k settled
SEC v. J. Jeremy Barbera, et. al. (2024) SEC 2024-01-18 $100k judgment
SEC v. Prosper E. Beyond Moore and Prosperity Investments & Solutions, LLC (ponzi schemes, 2024) SEC 2024-01-18 Ponzi Schemes — settled
CFTC v. Yueyu Bao (matched orders, 2024) CFTC 2024-01-16 Matched Orders $260k judgment
SEBI v. Abhijit Pawar (Magma Fincorp insider trading, 2024) SEBI (India) 2024-01-16 Insider Trading — judgment
SEC v. Jonathan Farber, Aarif Jamani, Brian Keasberry (pump and dump, 2024) SEC 2024-01-16 Pump And Dump , Undisclosed Control Blocks — filed
SEBI v. Bimla Devi Jindal and others (Vikas Proppant and Granite Ltd, 2024) SEBI (India) 2024-01-15 Misleading Issuer Disclosure , Price Manipulation — judgment
SEC v. Morgan Stanley & Co. LLC (insider trading, 2024) SEC 2024-01-12 Insider Trading $83m settled
SEC v. Pawan Kumar Passi (insider trading, 2024) SEC 2024-01-12 Insider Trading $250k settled
SEC v. David Schottenstein, Kris Bortnovsky, Ryan Shapiro, Sakal Capital Management, LLC, and Sakal U.S. Fund, LLC (insider trading, 2024) SEC 2024-01-11 Insider Trading — judgment
SEBI v. Indira Mondal and Techno Road-Link Pvt Ltd (BSE illiquid stock options reversal trades, 2024) SEBI (India) 2024-01-03 Matched Orders — settled
SEC v. Carnovale, et al. (undisclosed control blocks, 2024) SEC 2024-01-03 Undisclosed Control Blocks , Unregistered Distributions — judgment
SEC v. Gannon Giguiere (insider trading, 2024) SEC 2024-01-03 Insider Trading $325k judgment