Market Manipulation. Search

Market manipulation enforcement actions filed in 2026

This library records 137 market manipulation enforcement actions filed in 2026, 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
100
Total penalties
$9.4m
Median penalty
$102k
Largest
$4.8m
Criminal parallel
28%
Action Agency Filed Technique Penalty Status
SEBI v. Lloyds Enterprises Limited and others (advances and financial statements, settlement, 2026) SEBI (India) 2026-09-29 Misleading Issuer Disclosure — settled
SEBI v. Nutrikosh India Private Limited and Alok Chaudhary (Growpital Platform, settlement, 2026) SEBI (India) 2026-09-28 — settled
SEBI v. Madhukar Dubey and Magnum Industrial Corporation (Channel Nine Entertainment IPO funding, 2026) SEBI (India) 2026-09-28 — judgment
SEBI v. Omaxe Limited and others (minimum public shareholding via company funds, 2026) SEBI (India) 2026-09-24 Misleading Issuer Disclosure — judgment
SEBI v. Shreedhar Yellaiah Kodam (synchronized trades, Well Pack Papers, 2026) SEBI (India) 2026-09-22 Matched Orders , Price Manipulation — dismissed
SEC v. Mark D. Hanf and Hoai-Nam Chu Phan (ponzi schemes, 2026) SEC 2026-09-04 Ponzi Schemes — settled
SEC v. Trijya Vakil and Neeraj Visen (insider trading, 2026) SEC 2026-09-04 Insider Trading $109k settled
SEC v. Corey Ortiz (free riding and parking, 2026) SEC 2026-09-03 Free Riding And Parking , Matched Orders — judgment
SEC v. David T. Gilchrist, Christopher Aaron Novinger and Rebecca Novinger (2026) SEC 2026-09-01 — filed
SEC v. Mordechai Haim Ferder, Simba IL Holdings LLC and others (2026) SEC 2026-09-01 — filed
SEBI v. Tarapur Transformers Limited and others (diverted funds and inflated receivables, 2026) SEBI (India) 2026-08-31 Misleading Issuer Disclosure — judgment
CFTC v. Gabriel Perez (insider trading, 2026) CFTC 2026-08-28 Insider Trading $65k judgment
SEBI v. Trafiksol ITS Technologies Limited and others (misleading IPO prospectus, 2026) SEBI (India) 2026-08-28 Misleading Issuer Disclosure — judgment
SEBI v. Debock Industries Limited and others (fictitious issues, inflated sales and diverted rights-issue funds, 2026) SEBI (India) 2026-08-28 Misleading Issuer Disclosure , Price Manipulation — judgment
SEC v. Mayur Baviskar (free riding and parking, 2026) SEC 2026-08-26 Free Riding And Parking $50k settled
SEBI v. Varanium Cloud Limited and others (false accounts, diverted IPO funds and share sales, 2026) SEBI (India) 2026-08-25 Misleading Issuer Disclosure , Price Manipulation — judgment
SEBI v. Max Financial Services Limited and others (alleged share-buyback scheme with Axis group, dismissed, 2026) SEBI (India) 2026-08-24 Misleading Issuer Disclosure — dismissed
SEC v. Brian Keasberry (paid stock promotion, 2026) SEC 2026-08-21 Paid Stock Promotion $37.5k judgment
SEC v. Gavin Wolfe and others (insider trading, 2026) SEC 2026-08-21 Insider Trading — filed
SEC v. Jesse R. Mitchell (insider trading, 2026) SEC 2026-08-21 Insider Trading — filed
SEBI v. Modex International Securities Limited and others (client funds and securities, 2026) SEBI (India) 2026-08-21 — judgment
SEBI v. Bhavik Indravadan Shah and others (front running a broker client, 2026) SEBI (India) 2026-08-19 Front Running — judgment
SEC v. Andrew Spaventa and others (boiler rooms, 2026) SEC 2026-08-17 Boiler Rooms — filed
SEBI v. Arun Kumar Somani and others (insider trading review, Indian Oil Corporation, 2026) SEBI (India) 2026-08-13 Insider Trading — dismissed
SEC v. Leor Moshe, Jacob Goldman, Isaac Odes (ponzi schemes, 2026) SEC 2026-08-13 Ponzi Schemes — filed
CFTC v. Goliath Ventures, Inc. and Christopher Delgado (ponzi schemes, 2026) CFTC 2026-08-11 Ponzi Schemes — filed
SEC v. Benjamin Tesfaye (insider trading, 2026) SEC 2026-08-11 Insider Trading $18.7k settled
SEC v. Goliath Ventures, Inc. and Christopher A. Delgado (ponzi schemes, 2026) SEC 2026-08-11 Ponzi Schemes — filed
SEC v. Frank M. Cerisano Jr. (spoofing, 2026) SEC 2026-08-10 Spoofing $335k settled
SEBI v. Abhay Dwivedi and others (YouTube promotion, Decillion Finance, 2026) SEBI (India) 2026-08-03 Social Media Ramps , Price Manipulation — judgment
SEC v. Gotbit Consulting LLC a/k/a Gotbit Hedge Fund and Fedor Kedrov (paid crypto market making, 2026) SEC 2026-08-03 Paid Crypto Market Making , Wash Trading — settled
CFTC v. George Santos (price manipulation, 2026) CFTC 2026-07-31 Price Manipulation $17.5k settled
SEBI v. Zee Entertainment Enterprises Ltd. and others (unauthorised pledge of company property, 2026) SEBI (India) 2026-07-31 Misleading Issuer Disclosure — judgment
SEBI v. Suresh Venkatachari and others (insider trading, SecureKloud Technologies, 2026) SEBI (India) 2026-07-31 Insider Trading — judgment
SEBI v. Anupam Narain Gupta and others (paid Telegram tips, Moksh Ornaments, 2026) SEBI (India) 2026-07-30 Social Media Ramps , Paid Stock Promotion — judgment
SEBI v. Kalahridhaan Trendz Limited and others (false corporate announcements, 2026) SEBI (India) 2026-07-30 Misleading Issuer Disclosure , Fake Press Releases — judgment
SEBI v. Amesh Surajlal Jaiswal and others (Telegram tips, Akash Infra-Projects, 2026) SEBI (India) 2026-07-28 Social Media Ramps , Price Manipulation — judgment
SEBI v. Hexa Tradex Limited and others (alleged misleading financials, dismissed, 2026) SEBI (India) 2026-07-24 Misleading Issuer Disclosure — dismissed
SEBI v. Madhav Stock Vision Pvt. Ltd. and others (front running a large institutional client, 2026) SEBI (India) 2026-07-24 Front Running — judgment
SEC v. Aras Investment Business Group S.A.P.I. de C.V. and others (ponzi schemes, 2026) SEC 2026-07-24 Ponzi Schemes $449k judgment
SEC v. Jamal (“Jimmy”) Chammout and others (insider trading, 2026) SEC 2026-07-17 Insider Trading $776k filed
SEC v. Michael J. Forster (pump and dump, 2026) SEC 2026-07-15 Pump And Dump — judgment
SEC v. Robert Yedid, Andrew Kaufman, and Mark Jacobs (insider trading, 2026) SEC 2026-07-10 Insider Trading — settled
SEC v. Weiguo Zhai (insider trading, 2026) SEC 2026-07-09 Insider Trading — settled
CFTC v. Trevor L. Vernon and Argent Capital Management LLC (ponzi schemes, 2026) CFTC 2026-07-07 Ponzi Schemes — filed
SEBI v. Raj Kumar Agarwal (insider trading, RHI Magnesita India, dismissed, 2026) SEBI (India) 2026-07-07 Insider Trading — dismissed
SEBI v. Bhavin Sureshbhai Thakkar (price manipulation, Evexia Lifecare, dismissed, 2026) SEBI (India) 2026-06-30 Price Manipulation — dismissed
SEBI v. Hanif Shekh and others (price and volume manipulation in five scrips, Mauria Udyog and others, 2026) SEBI (India) 2026-06-30 Matched Orders , Pump And Dump +1 — judgment
SEBI v. Omprakash Basantlal Goenka and others (Citrus Check Inns unregistered holiday scheme, 2026) SEBI (India) 2026-06-30 — judgment
SEC v. NanoBit Limited, et al. (2026) SEC 2026-06-29 $4.8m judgment
SEC v. Mingran Wang (spoofing, 2026) SEC 2026-06-25 Spoofing — settled
SEC v. Casey Muggleston (insider trading, 2026) SEC 2026-06-24 Insider Trading — filed
SEC v. Sanders Family Office and others (ponzi schemes, 2026) SEC 2026-06-24 Ponzi Schemes — judgment
SEC v. Justin Jennings and Vortex Strategies LLC (insider trading, 2026) SEC 2026-06-23 Insider Trading — filed
SEBI v. Prime Focus Limited and others (alleged misleading financial statements, dismissed, 2026) SEBI (India) 2026-06-16 Misleading Issuer Disclosure — dismissed
SEC v. Bruce Cameron Conway (insider trading, 2026) SEC 2026-06-16 Insider Trading $161k settled
SEC v. Gerard Ryan (insider trading, 2026) SEC 2026-06-15 Insider Trading — judgment
SEC v. Rakesh Ahuja (insider trading, 2026) SEC 2026-06-15 Insider Trading $65.4k settled
SEC v. Santos Kidd (ponzi schemes, 2026) SEC 2026-06-12 Ponzi Schemes $285k judgment
SEC v. JianQing Li (insider trading, 2026) SEC 2026-06-05 Insider Trading — filed
SEBI v. Veerkrupa Jewellers Limited and others (SME IPO publicity and trading, 2026) SEBI (India) 2026-05-29 Paid Stock Promotion , Social Media Ramps +1 — judgment
SEBI v. Suzlon Energy Limited and others (misstated financial statements, 2026) SEBI (India) 2026-05-29 Misleading Issuer Disclosure — judgment
SEC v. Nathan Fuller (ponzi schemes, 2026) SEC 2026-05-29 Ponzi Schemes — filed
CFTC v. Google Employee (insider trading, 2026) CFTC 2026-05-27 Insider Trading — filed
Fund manager Rodney Forrest re-sentenced to five years and three months’ jail following insider trading appeal (ASIC, 2026) ASIC 2026-05-22 Insider Trading — judgment
SEC v. Nipun Kumar Jami (insider trading, 2026) SEC 2026-05-22 Insider Trading $659k settled
AMF France v. M. Ytane Mamou and M. Elie Houri (insider trading, 2026) AMF (France) 2026-05-20 Insider Trading — judgment
SEC v. Oskar Elmgart and Raymond Leibman (insider trading, 2026) SEC 2026-05-18 Insider Trading $93.6k settled
SEBI v. Aakash Doshi and others (Telegram tips, Darshan Orna Limited, 2026) SEBI (India) 2026-05-15 Social Media Ramps , Price Manipulation — judgment
SEC v. Robert Newell and Black Hawk Funding, Inc. (2026) SEC 2026-05-14 $668k judgment
SEBI v. Dr. Rashmi Saluja (insider trading, Religare Enterprises, 2026) SEBI (India) 2026-05-13 Insider Trading — judgment
SEC v. Douglas P. Farr (insider trading, 2026) SEC 2026-05-07 Insider Trading $35.2k settled
SEC v. Nicolo Nourafchan and others (insider trading, 2026) SEC 2026-05-07 Insider Trading — filed
SEBI v. Agnes Developers Private Limited and others (alleged fund diversion at Indiabulls Real Estate, settlement, 2026) SEBI (India) 2026-05-07 — settled
CFTC v. Sidney Lebental (spoofing, 2026) CFTC 2026-05-06 Spoofing $200k judgment
SEBI v. Prijesh Kurani and others (front running a broker's client orders, 2026) SEBI (India) 2026-04-30 Front Running — judgment
SEC v. Christopher Flagg, Daquan Lloyd and Travis Treusch (free riding and parking, 2026) SEC 2026-04-30 Free Riding And Parking , Matched Orders — judgment
SEC v. Jai Sondhi (insider trading, 2026) SEC 2026-04-29 Insider Trading $55k settled
SEBI v. Ashok Maheshwari and others (front running a portfolio manager's trades, 2026) SEBI (India) 2026-04-27 Front Running — judgment
SEC v. Terrence Chalk (ponzi schemes, 2026) SEC 2026-04-27 Ponzi Schemes — judgment
CFTC v. U.S. Service Member (insider trading, 2026) CFTC 2026-04-23 Insider Trading — filed
SEBI v. Ranjan Sahay and others (price manipulation, Veer Global Infraconstruction, 2026) SEBI (India) 2026-04-22 Price Manipulation — judgment
SEC v. Voyager Pacific Capital Management, LLC, Roger David Hardcastle and others (ponzi schemes, 2026) SEC 2026-04-21 Ponzi Schemes — filed
SEC v. Weizheng Zeng (insider trading, 2026) SEC 2026-04-20 Insider Trading $69k settled
ASIC v. Alexander McCulloch (insider trading, 2026) ASIC 2026-04-17 Insider Trading — judgment
SEC v. Sudheesh Nambiar (ponzi schemes, 2026) SEC 2026-04-17 Ponzi Schemes — filed
SEBI v. Lypsa Gems & Jewellery Limited and others (misstated financial statements, 2026) SEBI (India) 2026-04-16 Misleading Issuer Disclosure — judgment
Former Big Un CEO pleads guilty in insider trading case (ASIC, 2026) ASIC 2026-04-09 Insider Trading — judgment
SEC v. Geoffrey Allen Wall (pump and dump, 2026) SEC 2026-04-09 Pump And Dump — judgment
SEC v. Caroline J. Campbell (insider trading, 2026) SEC 2026-04-06 Insider Trading $157k settled
SEC v. Michael Smith and Douglas Joshua Dalton (insider trading, 2026) SEC 2026-04-01 Insider Trading — filed
SEC v. Brent David Willis (2026) SEC 2026-03-31 $175k judgment
SEC v. Brent Cranmer and Daniel McCormick (insider trading, 2026) SEC 2026-03-30 Insider Trading $50k judgment
SEC v. Ronald Smith (insider trading, 2026) SEC 2026-03-30 Insider Trading — filed
SEC v. Titanium Capital LLC and Henry Abdo (ponzi schemes, 2026) SEC 2026-03-30 Ponzi Schemes — judgment
SEBI v. Vishvanath Goswami and others (front running a foreign fund's trades, Chaturvedi group, 2026) SEBI (India) 2026-03-27 Front Running — judgment
SEC v. Benjamin Taylor and Darina Windsor (insider trading, 2026) SEC 2026-03-27 Insider Trading $50k judgment
SEBI v. Sunny Bhatia and others (front running Sarvottam Securities trades, 2026) SEBI (India) 2026-03-24 Front Running — judgment
SEC v. Kevan Sadigh (insider trading, 2026) SEC 2026-03-23 Insider Trading — judgment
SEBI v. Sanjay Arunkumar Choksi and others (Telegram tips, Retro Green Revolution, 2026) SEBI (India) 2026-03-17 Social Media Ramps , Price Manipulation — judgment