Market Manipulation. Search

Market manipulation enforcement actions filed in 2018

This library records 244 market manipulation enforcement actions filed in 2018, brought by ASIC, CFTC, FCA, OSC, 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
44
Total penalties
$119m
Median penalty
$1.6m
Largest
$70m
Criminal parallel
45%
Action Agency Filed Technique Penalty Status
SEC v. Shane P. Fleming, et al. (insider trading, 2018) SEC 2018-04-04 Insider Trading — filed
SEC v. Sohrab ("Sam") Sharma and Robert Farkas (unregistered distributions, 2018) SEC 2018-04-02 Unregistered Distributions — filed
OSC v. Martin Bernholtz (insider trading, 2018) OSC 2018-03-29 Insider Trading — unknown
SEC v. Aegis Capital Corporation (paid stock promotion, 2018) SEC 2018-03-28 Paid Stock Promotion , Pump And Dump — filed
SEC v. Terracciano and Eugene (paid stock promotion, 2018) SEC 2018-03-28 Paid Stock Promotion — unknown
OSC v. David Tuan Seng Lim and Michael Mugford (price manipulation, 2018) OSC 2018-03-28 Price Manipulation — unknown
SEC v. Timary Delorme (pump and dump, 2018) SEC 2018-03-27 Pump And Dump $50k settled
SEC v. Joseph Spera, et al. (insider trading, 2018) SEC 2018-03-26 Insider Trading — filed
SEC v. Jon E. Montroll and Bitfunder (unregistered distributions, 2018) SEC 2018-03-23 Unregistered Distributions — filed
SEC v. Spark Trading Group LLC and Niket Shah (ponzi schemes, 2018) SEC 2018-03-23 Ponzi Schemes — filed
SEC v. Jun Ying (insider trading, 2018) SEC 2018-03-22 Insider Trading — filed
SEC v. Steven Metro (insider trading, 2018) SEC 2018-03-19 Insider Trading — filed
SEC v. Beaufort Securities Ltd. and others (matched orders, 2018) SEC 2018-03-16 Matched Orders , Pump And Dump — filed
SEC v. Merrill Lynch and Pierce and Fenner & Smith Incorporated (unregistered distributions, 2018) SEC 2018-03-08 Unregistered Distributions — settled
SEC v. New York Stock Exchange LLC and NYSE American LLC and NYSE Arca, Inc. (benchmark submission rigging, 2018) SEC 2018-03-06 Benchmark Submission Rigging — settled
SEC v. AmeraTex Energy, Inc., et al (unregistered distributions, 2018) SEC 2018-02-28 Unregistered Distributions — filed
SEC v. Analytica Bio-Energy Corp., et al., Marvin Winick (undisclosed control blocks, 2018) SEC 2018-02-28 Undisclosed Control Blocks — judgment
SEC v. Yang Xie (insider trading, 2018) SEC 2018-02-28 Insider Trading $6.7k settled
SEC v. Alan Weinberg, CPA and Weinberg & Baer LLC (reverse merger schemes, 2018) SEC 2018-02-21 Reverse Merger Schemes , Undisclosed Control Blocks — judgment
SEC v. Jonathan Strum, Esq. (reverse merger schemes, 2018) SEC 2018-02-21 Reverse Merger Schemes , Undisclosed Control Blocks — judgment
SEC v. Eric McPhail, et al. (insider trading, 2018) SEC 2018-02-20 Insider Trading — judgment
FCA v. Guillaume Adolph (benchmark submission rigging, 2018) FCA 2018-02-15 Benchmark Submission Rigging — settled
SEC v. Ara Chackerian (insider trading, 2018) SEC 2018-02-12 Insider Trading — settled
SEC v. Geoffrey H. Lunn, et al. (ponzi schemes, 2018) SEC 2018-02-12 Ponzi Schemes — judgment
Operators of 'binary options trading boiler room' banned following conviction (ASIC, 2018) ASIC 2018-02-08 Boiler Rooms — unknown
SEC v. Andrew H. Wilson, Esq. (undisclosed control blocks, 2018) SEC 2018-02-05 Unregistered Distributions — judgment
CFTC v. Deutsche Bank Securities Inc. (benchmark submission rigging, 2018) CFTC 2018-02-01 Benchmark Submission Rigging , Price Manipulation $70m judgment
ASIC commences civil penalty proceedings against Commonwealth Bank of Australia for BBSW conduct (2018) ASIC 2018-01-30 Price Manipulation — judgment
SEC v. Daniel T. Fischer (churning, 2018) SEC 2018-01-30 Churning — judgment
CFTC v. Andre Flotron (spoofing, 2018) CFTC 2018-01-29 Spoofing — filed
CFTC v. Deutsche Bank (price manipulation, 2018) CFTC 2018-01-29 Price Manipulation , Spoofing $30m judgment
CFTC v. HSBC Securities (USA) Inc. Pay $1.6 Million Penalty (spoofing, 2018) CFTC 2018-01-29 Spoofing $1.6m judgment
CFTC v. James Vorley and Cedric Chanu (spoofing, 2018) CFTC 2018-01-29 Spoofing — filed
CFTC v. Jiongsheng Zhao (spoofing, 2018) CFTC 2018-01-29 Spoofing — filed
CFTC v. Jitesh Thakkar and Edge Financial Technologies (spoofing, 2018) CFTC 2018-01-29 Spoofing — filed
CFTC v. Three Banks (price manipulation, 2018) CFTC 2018-01-29 Price Manipulation , Spoofing $1.6m judgment
CFTC v. Trader Krishna Mohan (spoofing, 2018) CFTC 2018-01-29 Spoofing — filed
CFTC v. UBS (price manipulation, 2018) CFTC 2018-01-29 Price Manipulation , Spoofing $15m judgment
SEC v. One or More Unknown Traders in the Securities of Bioverativ, Inc. (insider trading, 2018) SEC 2018-01-26 Insider Trading — judgment
CFTC v. Randall Crater (ponzi schemes, 2018) CFTC 2018-01-24 Ponzi Schemes — filed
SEC v. Ash Narayan, The Ticket Reserve Inc. a/k/a Forward Market Media, Inc., Richard M. Harmon, and John A. Kaptrosky (ponzi schemes, 2018) SEC 2018-01-22 Ponzi Schemes $325k judgment
CFTC v. Colorado Resident Dillon Michael Dean and His Company (ponzi schemes, 2018) CFTC 2018-01-19 Ponzi Schemes — filed
SEC v. David S. Haddad, et al. (ponzi schemes, 2018) SEC 2018-01-11 Ponzi Schemes $181k judgment
FCA v. Neil Danziger (benchmark submission rigging, 2018) FCA 2018-01-08 Benchmark Submission Rigging , Cash Vs Derivatives Schemes +1 — unknown