Home / Cases / 2014 Market manipulation enforcement actions filed in 2014 This library records 44 market manipulation enforcement actions filed in 2014, brought by ASIC, CFTC, FCA, OSC.
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 44
Total penalties $1.6bn
Median penalty $3.7m
Largest $1.4bn
Criminal parallel 41% Action Agency Filed Technique Penalty Status CFTC v. Royal Bank (wash trading, 2014) CFTC 2014-12-19 Wash Trading $35m judgment Former Genetic Technologies CEO jailed for market manipulation (ASIC, 2014) ASIC 2014-11-28 Price Manipulation — unknown CFTC v. Five Banks (benchmark submission rigging, 2014) CFTC 2014-11-13 Benchmark Submission Rigging , FX Fixing +1 $1.4bn judgment Victorian couple charged with $1.5 million fraud (ASIC, 2014) ASIC 2014-11-11 Ponzi Schemes — filed FCA v. Citibank N.A. (benchmark submission rigging, 2014) FCA 2014-11-11 Benchmark Submission Rigging , FX Fixing — settled FCA v. HSBC Bank plc (benchmark submission rigging, 2014) FCA 2014-11-11 Benchmark Submission Rigging , FX Fixing — settled FCA v. JPMorgan Chase Bank N.A. (benchmark submission rigging, 2014) FCA 2014-11-11 Benchmark Submission Rigging , FX Fixing — settled FCA v. The Royal Bank of Scotland plc (benchmark submission rigging, 2014) FCA 2014-11-11 Benchmark Submission Rigging , FX Fixing — settled FCA v. UBS AG (benchmark submission rigging, 2014) FCA 2014-11-11 Benchmark Submission Rigging , FX Fixing — settled CFTC v. unnamed respondents (wash trading, 2014) CFTC 2014-11-07 Wash Trading — filed CFTC v. MF Global Inc. (boiler rooms, 2014) CFTC 2014-11-07 Boiler Rooms , Matched Orders +1 — settled Former Genetic Technologies CEO convicted of market manipulation (ASIC, 2014) ASIC 2014-11-05 Price Manipulation — unknown New South Wales man pleads guilty to market manipulation (ASIC, 2014) ASIC 2014-10-16 Matched Orders , Price Manipulation — unknown Former Hanlong managing director extradited, charged with insider trading (ASIC, 2014) ASIC 2014-10-10 Insider Trading — judgment Former director of Northern Star Resources Limited charged with insider trading (ASIC, 2014) ASIC 2014-10-08 Insider Trading — filed CFTC v. Defendant Eric Moncada (price manipulation, 2014) CFTC 2014-10-02 Price Manipulation , Wash Trading $1.6m judgment CFTC v. Defendant Daniel Shak (price manipulation, 2014) CFTC 2014-10-01 Price Manipulation $400k filed CFTC v. Utah Resident Scott A. Beatty and his Company (ponzi schemes, 2014) CFTC 2014-10-01 Ponzi Schemes $1m judgment CFTC v. Fan Zhang (matched orders, 2014) CFTC 2014-09-30 Matched Orders , Wash Trading $250k judgment CFTC v. Illinois Resident Gerald J. Considine and His Companies (wash trading, 2014) CFTC 2014-09-30 Wash Trading — filed CFTC v. Absa Bank (matched orders, 2014) CFTC 2014-09-26 Matched Orders , Wash Trading $150k judgment CFTC v. Ohio Resident John R. Bullar and his Company (ponzi schemes, 2014) CFTC 2014-09-24 Ponzi Schemes , Wash Trading — filed CFTC v. Ohio Resident Glen Galemmo (ponzi schemes, 2014) CFTC 2014-09-17 Ponzi Schemes — filed CFTC v. SAC LP (insider trading, 2014) CFTC 2014-09-17 Insider Trading — unknown CFTC v. Brian Hunter (price manipulation, 2014) CFTC 2014-09-16 Price Manipulation $7.5m judgment CFTC v. Morgan Stanley Smith Barney (ponzi schemes, 2014) CFTC 2014-09-16 Ponzi Schemes $280k judgment CFTC v. FirstRand Bank (matched orders, 2014) CFTC 2014-08-28 Matched Orders , Wash Trading $150k judgment CFTC v. North Carolina Resident Edwin A. Vasquez and His Company Vasquez Global Investments (ponzi schemes, 2014) CFTC 2014-08-08 Ponzi Schemes — filed CFTC v. Parnon Energy Inc. (price manipulation, 2014) CFTC 2014-08-05 Price Manipulation $13m settled CFTC v. Lloyds Banking Group and Lloyds Bank (benchmark submission rigging, 2014) CFTC 2014-07-29 Benchmark Submission Rigging , Cash Vs Derivatives Schemes +1 $105m judgment CFTC v. Robert Andres (ponzi schemes, 2014) CFTC 2014-06-20 Ponzi Schemes $32.4m judgment FCA v. Daniel James Plunkett Individual (benchmark submission rigging, 2014) FCA 2014-05-23 Benchmark Submission Rigging — settled CFTC v. RP Martin Holdings Limited and Its Subsidiary (benchmark submission rigging, 2014) CFTC 2014-05-16 Benchmark Submission Rigging , Price Manipulation +1 $1.2m judgment FCA v. Martin Brokers (UK) Ltd (Martins) (benchmark submission rigging, 2014) FCA 2014-05-15 Benchmark Submission Rigging , Price Manipulation +2 — settled OSC v. Duncan Cleworth and others (ponzi schemes, 2014) OSC 2014-05-14 Ponzi Schemes , Unregistered Distributions — judgment OSC v. Matthew Schloen (insider trading, 2014) OSC 2014-04-03 Insider Trading — unknown CFTC v. unnamed respondents (ponzi schemes, 2014) CFTC 2014-04-01 Ponzi Schemes $5.8m judgment CFTC v. Defendants Ward Onsa (ponzi schemes, 2014) CFTC 2014-04-01 Ponzi Schemes $5.7m judgment CFTC v. Defendants (ponzi schemes, 2014) CFTC 2014-03-22 Ponzi Schemes $2.2m filed CFTC v. South Carolina Residents Robert S. and Amy L. Leben (ponzi schemes, 2014) CFTC 2014-03-20 Ponzi Schemes — unknown FCA v. Mark Stevenson (price manipulation, 2014) FCA 2014-03-20 Price Manipulation — settled OSC v. David De Gouveia (wash trading, 2014) OSC 2014-02-18 Wash Trading — unknown CFTC v. Defendants Harbor Light Asset (ponzi schemes, 2014) CFTC 2014-02-12 Ponzi Schemes $5.2m judgment OSC v. Graziana Casale and Sterling Grace & Co. Ltd (boiler rooms, 2014) OSC 2014-01-15 Boiler Rooms — settled