{
  "version": "https://jsonfeed.org/version/1.1",
  "title": "Market Manipulation: SEC enforcement actions",
  "home_page_url": "https://marketmanipulation.org/cases/agency/SEC/",
  "feed_url": "https://marketmanipulation.org/feeds/regulator/SEC.json",
  "description": "The 30 most recent US Securities and Exchange Commission records in the Market Manipulation library, each linked to its primary source.",
  "language": "en-US",
  "items": [
    {
      "id": "https://marketmanipulation.org/cases/sec-mark-d-hanf-ponzi-schemes-2026/",
      "url": "https://marketmanipulation.org/cases/sec-mark-d-hanf-ponzi-schemes-2026/",
      "external_url": "https://www.sec.gov/enforcement-litigation/litigation-releases/lr-26627",
      "title": "SEC v. Mark D. Hanf and Hoai-Nam Chu Phan (ponzi schemes, 2026)",
      "summary": "In September 2026 the SEC announced a settlement with Mark D. Hanf and Hoai-Nam Chu Phan. The complaint alleges that Hanf and Phan raised more than $80 million from about 190 investors in two private funds and regularly used new capital for Ponzi-like payments to earlier investors, with Hanf taking over $7 million. Both consented to judgments subject to court approval and face criminal charges in a parallel case.",
      "date_published": "2026-09-04T00:00:00.000Z",
      "tags": [
        "SEC",
        "ponzi-schemes"
      ]
    },
    {
      "id": "https://marketmanipulation.org/cases/sec-trijya-vakil-insider-trading-2026/",
      "url": "https://marketmanipulation.org/cases/sec-trijya-vakil-insider-trading-2026/",
      "external_url": "https://www.sec.gov/enforcement-litigation/litigation-releases/lr-26629",
      "title": "SEC v. Trijya Vakil and Neeraj Visen (insider trading, 2026)",
      "summary": "In September 2026 the Securities and Exchange Commission filed consents and proposed final judgments against Trijya Vakil and Neeraj Visen in the Kindred Biosciences tipping case, in which Vakil's purchase earned $2,447.50 and Visen's, on her tip, $109,437. Each would pay a $54,718 civil penalty, subject to court approval; the court had already entered injunctions and officer and director bars on August 6, 2025. Both pleaded guilty in parallel criminal cases.",
      "date_published": "2026-09-04T00:00:00.000Z",
      "tags": [
        "SEC",
        "insider-trading"
      ]
    },
    {
      "id": "https://marketmanipulation.org/cases/sec-corey-ortiz-free-riding-and-parking-2026/",
      "url": "https://marketmanipulation.org/cases/sec-corey-ortiz-free-riding-and-parking-2026/",
      "external_url": "https://www.sec.gov/enforcement-litigation/litigation-releases/lr-26626",
      "title": "SEC v. Corey Ortiz (free riding and parking, 2026)",
      "summary": "In August 2026 the SEC announced a final consent judgment against Corey Ortiz, who it said recruited people to open loser accounts in the Long Island free-riding scheme. He is liable for $199,710 disgorgement and $19,727 interest, deemed satisfied by criminal restitution, with a five-year account-opening injunction.",
      "date_published": "2026-09-03T00:00:00.000Z",
      "tags": [
        "SEC",
        "free-riding-and-parking",
        "matched-orders"
      ]
    },
    {
      "id": "https://marketmanipulation.org/cases/sec-david-t-gilchrist-christopher-aaron-novinger-rebecca-novinger-ponzi-schemes-/",
      "url": "https://marketmanipulation.org/cases/sec-david-t-gilchrist-christopher-aaron-novinger-rebecca-novinger-ponzi-schemes-/",
      "external_url": "https://www.sec.gov/enforcement-litigation/litigation-releases/lr-26624",
      "title": "SEC v. David T. Gilchrist, Christopher Aaron Novinger and Rebecca Novinger (2026)",
      "summary": "In September 2026 the SEC charged David T. Gilchrist, Christopher Aaron Novinger, Rebecca Novinger. The complaint alleges four fraudulent offerings in which Gilchrist, an attorney, raised over $1.85 million from at least 22 investors and misappropriated money, including Ponzi-like payments; Novinger solicited investors in two. Rebecca Novinger is a relief defendant, and Gilchrist faces parallel criminal charges.",
      "date_published": "2026-09-01T00:00:00.000Z",
      "tags": [
        "SEC"
      ]
    },
    {
      "id": "https://marketmanipulation.org/cases/sec-mordechai-haim-ferder-2026/",
      "url": "https://marketmanipulation.org/cases/sec-mordechai-haim-ferder-2026/",
      "external_url": "https://www.sec.gov/enforcement-litigation/litigation-releases/lr-26625",
      "title": "SEC v. Mordechai Haim Ferder, Simba IL Holdings LLC and others (2026)",
      "summary": "In September 2026 the SEC charged Mordechai Haim Ferder, Simba IL Holdings LLC and 4 others. The complaint alleges that the founder of Lugano Diamonds sold diamond investment contracts for diamonds never bought, repaid investors in Ponzi-like fashion, and caused Lugano and its parent to book more than a billion dollars of fictitious revenue. It is chiefly an accounting and offering fraud; the trusts are relief defendants.",
      "date_published": "2026-09-01T00:00:00.000Z",
      "tags": [
        "SEC"
      ]
    },
    {
      "id": "https://marketmanipulation.org/cases/sec-mayur-baviskar-free-riding-and-parking-2026/",
      "url": "https://marketmanipulation.org/cases/sec-mayur-baviskar-free-riding-and-parking-2026/",
      "external_url": "https://www.sec.gov/enforcement-litigation/litigation-releases/lr-26618",
      "title": "SEC v. Mayur Baviskar (free riding and parking, 2026)",
      "summary": "In August 2026 the SEC filed a settled action against North Carolina trader Mayur Baviskar, alleging $377,200 of unfunded deposits at nine brokerages from 2019 to 2024 and trades of over $1.4 million, with $6,078.16 of profits withdrawn. He consented to pay $6,078.16 disgorgement, $1,914.41 interest and a $50,000 penalty, subject to court approval.",
      "date_published": "2026-08-26T00:00:00.000Z",
      "tags": [
        "SEC",
        "free-riding-and-parking"
      ]
    },
    {
      "id": "https://marketmanipulation.org/cases/sec-brian-keasberry-paid-stock-promotion-2026/",
      "url": "https://marketmanipulation.org/cases/sec-brian-keasberry-paid-stock-promotion-2026/",
      "external_url": "https://www.sec.gov/enforcement-litigation/litigation-releases/lr-26615",
      "title": "SEC v. Brian Keasberry (paid stock promotion, 2026)",
      "summary": "In 2026, the Securities and Exchange Commission obtained a judgment against Brian Keasberry, alleging conduct this library classifies as paid stock promotion. The release records a civil penalty of $37,500, disgorgement of $37,500, prejudgment interest of $12,864.",
      "date_published": "2026-08-21T00:00:00.000Z",
      "tags": [
        "SEC",
        "paid-stock-promotion"
      ]
    },
    {
      "id": "https://marketmanipulation.org/cases/sec-gavin-wolfe-insider-trading-2026/",
      "url": "https://marketmanipulation.org/cases/sec-gavin-wolfe-insider-trading-2026/",
      "external_url": "https://www.sec.gov/enforcement-litigation/litigation-releases/lr-26617",
      "title": "SEC v. Gavin Wolfe and others (insider trading, 2026)",
      "summary": "In August 2026 the Securities and Exchange Commission charged former investment bankers Gavin Wolfe and Jason Satsky with insider trading in South Jersey Industries ahead of the February 24, 2022 announcement of its sale to a private investment fund. It alleges Satsky, lead banker on the deal, tipped his friend Wolfe, who bought over 2.2 million shares and made about $18.5 million, and tipped others who made about $515,000. Eight Wolfe entities are named as relief defendants. The release reports no outcome.",
      "date_published": "2026-08-21T00:00:00.000Z",
      "tags": [
        "SEC",
        "insider-trading"
      ]
    },
    {
      "id": "https://marketmanipulation.org/cases/sec-jesse-r-mitchell-insider-trading-2026/",
      "url": "https://marketmanipulation.org/cases/sec-jesse-r-mitchell-insider-trading-2026/",
      "external_url": "https://www.sec.gov/enforcement-litigation/litigation-releases/lr-26614",
      "title": "SEC v. Jesse R. Mitchell (insider trading, 2026)",
      "summary": "In 2026, the Securities and Exchange Commission brought an action against Jesse R. Mitchell, alleging conduct this library classifies as insider trading. No monetary relief has been recorded at this stage; the matter is an allegation and remains unproven. A parallel criminal matter is referenced in the release.",
      "date_published": "2026-08-21T00:00:00.000Z",
      "tags": [
        "SEC",
        "insider-trading"
      ]
    },
    {
      "id": "https://marketmanipulation.org/cases/sec-andrew-spaventa-boiler-rooms-2026/",
      "url": "https://marketmanipulation.org/cases/sec-andrew-spaventa-boiler-rooms-2026/",
      "external_url": "https://www.sec.gov/enforcement-litigation/litigation-releases/lr-26611",
      "title": "SEC v. Andrew Spaventa and others (boiler rooms, 2026)",
      "summary": "In 2026, the Securities and Exchange Commission filed a civil action against Andrew Spaventa and three entities he controlled, alleging they raised more than $74 million from over 800 mostly retail investors in eleven pre-IPO funds through over 100 sales agents who cold-called prospects with high-pressure tactics, hiding markups of about 46 percent.",
      "date_published": "2026-08-17T00:00:00.000Z",
      "tags": [
        "SEC",
        "boiler-rooms"
      ]
    },
    {
      "id": "https://marketmanipulation.org/cases/sec-leor-moshe-jacob-goldman-isaac-odes-ponzi-schemes-2026/",
      "url": "https://marketmanipulation.org/cases/sec-leor-moshe-jacob-goldman-isaac-odes-ponzi-schemes-2026/",
      "external_url": "https://www.sec.gov/enforcement-litigation/litigation-releases/lr-26610",
      "title": "SEC v. Leor Moshe, Jacob Goldman, Isaac Odes (ponzi schemes, 2026)",
      "summary": "In August 2026 the SEC charged Leor Moshe, Jacob Goldman, Isaac Odes. The complaint alleges that Moshe raised about $47 million from more than 87 investors in Orthodox Jewish communities, misappropriated over $11 million and used over $850,000 for Ponzi-like payments; Goldman and Odes are charged with unregistered brokering. Criminal charges against Moshe were announced.",
      "date_published": "2026-08-13T00:00:00.000Z",
      "tags": [
        "SEC",
        "ponzi-schemes"
      ]
    },
    {
      "id": "https://marketmanipulation.org/cases/sec-benjamin-tesfaye-insider-trading-2026/",
      "url": "https://marketmanipulation.org/cases/sec-benjamin-tesfaye-insider-trading-2026/",
      "external_url": "https://www.sec.gov/enforcement-litigation/litigation-releases/lr-26609",
      "title": "SEC v. Benjamin Tesfaye (insider trading, 2026)",
      "summary": "In August 2026 the Securities and Exchange Commission filed settled charges against Benjamin Tesfaye of Texas, who allegedly traded Calliditas Therapeutics securities in his own and a relative's accounts ahead of the May 28, 2024 announcement of Asahi Kasei's tender offer, on information misappropriated from his romantic partner at an Asahi Kasei subsidiary, earning $18,668. He consented, subject to court approval, to an injunction, $18,668 in disgorgement, $2,168 in interest and an equal penalty.",
      "date_published": "2026-08-11T00:00:00.000Z",
      "tags": [
        "SEC",
        "insider-trading"
      ]
    },
    {
      "id": "https://marketmanipulation.org/cases/sec-goliath-ventures-inc-ponzi-schemes-2026/",
      "url": "https://marketmanipulation.org/cases/sec-goliath-ventures-inc-ponzi-schemes-2026/",
      "external_url": "https://www.sec.gov/enforcement-litigation/litigation-releases/lr-26608",
      "title": "SEC v. Goliath Ventures, Inc. and Christopher A. Delgado (ponzi schemes, 2026)",
      "summary": "In August 2026 the SEC charged Goliath Ventures, Inc. and Christopher A. Delgado. The complaint alleges a Ponzi scheme raising at least $425 million from over 1,300 investors in purported crypto liquidity pools, with Delgado misappropriating at least $51 million. Delgado agreed to a bifurcated settlement subject to court approval; the release does not report a settlement for the company.",
      "date_published": "2026-08-11T00:00:00.000Z",
      "tags": [
        "SEC",
        "ponzi-schemes"
      ]
    },
    {
      "id": "https://marketmanipulation.org/cases/sec-frank-m-cerisano-jr-spoofing-2026/",
      "url": "https://marketmanipulation.org/cases/sec-frank-m-cerisano-jr-spoofing-2026/",
      "external_url": "https://www.sec.gov/enforcement-litigation/litigation-releases/lr-26606",
      "title": "SEC v. Frank M. Cerisano Jr. (spoofing, 2026)",
      "summary": "In 2026, the Securities and Exchange Commission settled an action with Frank M. Cerisano Jr.. Cerisano consented, subject to court approval, to a judgment over a four-year spoofing scheme that earned about $1.1 million: $1,115,672 disgorgement, $26,472.82 interest, a $334,701.60 penalty and a five-year account restriction. The release records a civil penalty of $334,701.6, disgorgement of $1,115,672, prejudgment interest of $26,472.82.",
      "date_published": "2026-08-10T00:00:00.000Z",
      "tags": [
        "SEC",
        "spoofing"
      ]
    },
    {
      "id": "https://marketmanipulation.org/cases/sec-gotbit-consulting-llc-a-k-a-gotbit-hedge-fund-wash-trading-2026/",
      "url": "https://marketmanipulation.org/cases/sec-gotbit-consulting-llc-a-k-a-gotbit-hedge-fund-wash-trading-2026/",
      "external_url": "https://www.sec.gov/enforcement-litigation/litigation-releases/lr-26598",
      "title": "SEC v. Gotbit Consulting LLC a/k/a Gotbit Hedge Fund and Fedor Kedrov (paid crypto market making, 2026)",
      "summary": "In August 2026, the SEC announced a proposed settlement of its fraud and market manipulation claims against Gotbit Consulting LLC, an injunction and a bar on participating in securities offerings, and dismissed its claims against employee Fedor Kedrov.",
      "date_published": "2026-08-03T00:00:00.000Z",
      "tags": [
        "SEC",
        "paid-crypto-market-making",
        "wash-trading"
      ]
    },
    {
      "id": "https://marketmanipulation.org/cases/sec-aras-investment-business-group-s-a-p-i-de-c-v-ponzi-schemes-2026/",
      "url": "https://marketmanipulation.org/cases/sec-aras-investment-business-group-s-a-p-i-de-c-v-ponzi-schemes-2026/",
      "external_url": "https://www.sec.gov/enforcement-litigation/litigation-releases/lr-26595",
      "title": "SEC v. Aras Investment Business Group S.A.P.I. de C.V. and others (ponzi schemes, 2026)",
      "summary": "In July 2026 the SEC announced a judgment against Aras Investment Business Group S.A.P.I. de C.V., Armando Gutierrez Rosas and 4 others. On 13 July 2026 a final judgment was entered against Aras, its chief executive and four individuals in the Ponzi scheme and affinity fraud aimed at Mexican-American investors. Disgorgement with interest is stated only as combined per-defendant figures; the sole recorded penalty is $448,746 on Gutierrez.",
      "date_published": "2026-07-24T00:00:00.000Z",
      "tags": [
        "SEC",
        "ponzi-schemes"
      ]
    },
    {
      "id": "https://marketmanipulation.org/cases/sec-jamal-jimmy-chammout-insider-trading-2026/",
      "url": "https://marketmanipulation.org/cases/sec-jamal-jimmy-chammout-insider-trading-2026/",
      "external_url": "https://www.sec.gov/enforcement-litigation/litigation-releases/lr-26589",
      "title": "SEC v. Jamal (“Jimmy”) Chammout and others (insider trading, 2026)",
      "summary": "In July 2026 the Securities and Exchange Commission charged Desktop Metal director Ali El Siblani and three friends, Jamal Chammout, Ali Jawad and Rabih Rakha, with trading ahead of the August 11, 2021 announcement of Desktop Metal's acquisition of ExOne, alleging profits of $218,036, $218,082 and $61,006 for the three tippees. El Siblani, Jawad and Rakha agreed to settle, subject to court approval; Chammout's case is not reported as resolved. The settlements total $279,088 in disgorgement, $92,607 in interest and $776,212 in penalties, including El Siblani's $497,124.",
      "date_published": "2026-07-17T00:00:00.000Z",
      "tags": [
        "SEC",
        "insider-trading"
      ]
    },
    {
      "id": "https://marketmanipulation.org/cases/sec-michael-j-forster-pump-and-dump-2026/",
      "url": "https://marketmanipulation.org/cases/sec-michael-j-forster-pump-and-dump-2026/",
      "external_url": "https://www.sec.gov/enforcement-litigation/litigation-releases/lr-26586",
      "title": "SEC v. Michael J. Forster (pump and dump, 2026)",
      "summary": "In 2026, the Securities and Exchange Commission obtained a judgment against Michael J. Forster, alleging conduct this library classifies as pump and dump. The release records disgorgement of $144,320. A parallel criminal matter is referenced in the release.",
      "date_published": "2026-07-15T00:00:00.000Z",
      "tags": [
        "SEC",
        "pump-and-dump"
      ]
    },
    {
      "id": "https://marketmanipulation.org/cases/sec-robert-yedid-andrew-kaufman-insider-trading-2026/",
      "url": "https://marketmanipulation.org/cases/sec-robert-yedid-andrew-kaufman-insider-trading-2026/",
      "external_url": "https://www.sec.gov/enforcement-litigation/litigation-releases/lr-26582",
      "title": "SEC v. Robert Yedid, Andrew Kaufman, and Mark Jacobs (insider trading, 2026)",
      "summary": "In July 2026 the Securities and Exchange Commission filed proposed final consent judgments against Robert Yedid, Andrew Kaufman and Mark Jacobs, charged in 2025 over trading that allegedly produced more than $500,000 in combined profits on information Yedid took from his consulting firm's clients. The proposed judgments, subject to court approval, set disgorgement of $146,940.60 for Yedid, $342,861.40 for Kaufman and $36,138 for Jacobs, with $69,598 in interest on the first two. All three pleaded guilty in the parallel criminal case.",
      "date_published": "2026-07-10T00:00:00.000Z",
      "tags": [
        "SEC",
        "insider-trading"
      ]
    },
    {
      "id": "https://marketmanipulation.org/cases/sec-weiguo-zhai-insider-trading-2026/",
      "url": "https://marketmanipulation.org/cases/sec-weiguo-zhai-insider-trading-2026/",
      "external_url": "https://www.sec.gov/enforcement-litigation/litigation-releases/lr-26581",
      "title": "SEC v. Weiguo Zhai (insider trading, 2026)",
      "summary": "In July 2026 the Securities and Exchange Commission filed settled charges against Weiguo Zhai, an AstraZeneca employee on the due diligence team for the Icosavax acquisition, for trading before the December 12, 2023 tender offer announcement on confidential information. He consented, subject to court approval, to an injunction, $10,006 in disgorgement, $1,535 in interest and a $10,006 penalty.",
      "date_published": "2026-07-09T00:00:00.000Z",
      "tags": [
        "SEC",
        "insider-trading"
      ]
    },
    {
      "id": "https://marketmanipulation.org/cases/sec-nanobit-limited-et-al-2026/",
      "url": "https://marketmanipulation.org/cases/sec-nanobit-limited-et-al-2026/",
      "external_url": "https://www.sec.gov/enforcement-litigation/litigation-releases/lr-26576",
      "title": "SEC v. NanoBit Limited, et al. (2026)",
      "summary": "In June 2026 the SEC reported a default final judgment, entered June 16, 2026, against four entities and two individuals in its NanoBit relationship investment scam case, in which scheme participants posed as finance professionals in WhatsApp groups and steered investors to an allegedly fake crypto trading platform. The judgment enjoins them and orders combined disgorgement of $597,752, interest of $92,146 and penalties of $4,829,004. It is a fraud, not a price manipulation.",
      "date_published": "2026-06-29T00:00:00.000Z",
      "tags": [
        "SEC"
      ]
    },
    {
      "id": "https://marketmanipulation.org/cases/sec-mingran-wang-spoofing-2026/",
      "url": "https://marketmanipulation.org/cases/sec-mingran-wang-spoofing-2026/",
      "external_url": "https://www.sec.gov/enforcement-litigation/litigation-releases/lr-26574",
      "title": "SEC v. Mingran Wang (spoofing, 2026)",
      "summary": "In 2026, the Securities and Exchange Commission settled an action with Mingran Wang. Wang consented, subject to court approval, to an injunction over a spoofing scheme in more than 150 thinly traded ADRs that earned over $1.3 million, with disgorgement and penalties to be set by the court later. The Justice Department filed parallel criminal charges.",
      "date_published": "2026-06-25T00:00:00.000Z",
      "tags": [
        "SEC",
        "spoofing"
      ]
    },
    {
      "id": "https://marketmanipulation.org/cases/sec-casey-muggleston-insider-trading-2026/",
      "url": "https://marketmanipulation.org/cases/sec-casey-muggleston-insider-trading-2026/",
      "external_url": "https://www.sec.gov/enforcement-litigation/litigation-releases/lr-26573",
      "title": "SEC v. Casey Muggleston (insider trading, 2026)",
      "summary": "In June 2026 the Securities and Exchange Commission charged Casey Muggleston, a former Constellation Energy engineering manager, with trading Constellation securities in 2024 on confidential knowledge of 'Project Tetris', the plan to restart the Three Mile Island plant under a 20-year power purchase agreement with Microsoft announced September 20, 2024, for alleged profits of about $1.4 million. The complaint seeks an injunction, disgorgement and penalties; an indictment was announced in parallel.",
      "date_published": "2026-06-24T00:00:00.000Z",
      "tags": [
        "SEC",
        "insider-trading"
      ]
    },
    {
      "id": "https://marketmanipulation.org/cases/sec-sanders-family-office-ponzi-schemes-2026/",
      "url": "https://marketmanipulation.org/cases/sec-sanders-family-office-ponzi-schemes-2026/",
      "external_url": "https://www.sec.gov/enforcement-litigation/litigation-releases/lr-26571",
      "title": "SEC v. Sanders Family Office and others (ponzi schemes, 2026)",
      "summary": "In 2026, the Securities and Exchange Commission obtained a judgment against Sanders Family Office, Margaret Sanders and Francisco J. Herrera, alleging conduct this library classifies as ponzi schemes. The release records disgorgement of $3.0 million. A parallel criminal matter is referenced in the release.",
      "date_published": "2026-06-24T00:00:00.000Z",
      "tags": [
        "SEC",
        "ponzi-schemes"
      ]
    },
    {
      "id": "https://marketmanipulation.org/cases/sec-justin-jennings-insider-trading-2026/",
      "url": "https://marketmanipulation.org/cases/sec-justin-jennings-insider-trading-2026/",
      "external_url": "https://www.sec.gov/enforcement-litigation/litigation-releases/lr-26570",
      "title": "SEC v. Justin Jennings and Vortex Strategies LLC (insider trading, 2026)",
      "summary": "In 2026, the Securities and Exchange Commission brought an action against Justin Jennings and Vortex Strategies LLC, alleging conduct this library classifies as insider trading. No monetary relief has been recorded at this stage; the matter is an allegation and remains unproven. A parallel criminal matter is referenced in the release.",
      "date_published": "2026-06-23T00:00:00.000Z",
      "tags": [
        "SEC",
        "insider-trading"
      ]
    },
    {
      "id": "https://marketmanipulation.org/cases/sec-bruce-cameron-conway-insider-trading-2026/",
      "url": "https://marketmanipulation.org/cases/sec-bruce-cameron-conway-insider-trading-2026/",
      "external_url": "https://www.sec.gov/enforcement-litigation/litigation-releases/lr-26568",
      "title": "SEC v. Bruce Cameron Conway (insider trading, 2026)",
      "summary": "In June 2026 the Securities and Exchange Commission announced a consent and proposed final judgment against Bruce Conway, charged in August 2025 with buying Cancer Genetics shares in fifteen accounts of his own, family members and trusts after learning of a private biotechnology firm's merger plan under confidentiality terms. Without admitting the allegations he agreed, subject to court approval, to an injunction, $60,201.95 in disgorgement, $19,461.39 in interest and a $160,936.22 penalty.",
      "date_published": "2026-06-16T00:00:00.000Z",
      "tags": [
        "SEC",
        "insider-trading"
      ]
    },
    {
      "id": "https://marketmanipulation.org/cases/sec-gerard-ryan-insider-trading-2026/",
      "url": "https://marketmanipulation.org/cases/sec-gerard-ryan-insider-trading-2026/",
      "external_url": "https://www.sec.gov/enforcement-litigation/litigation-releases/lr-26566",
      "title": "SEC v. Gerard Ryan (insider trading, 2026)",
      "summary": "In 2026, the Securities and Exchange Commission obtained a judgment against Gerard Ryan, alleging conduct this library classifies as insider trading. The release does not state a monetary figure that we were able to extract. A parallel criminal matter is referenced in the release.",
      "date_published": "2026-06-15T00:00:00.000Z",
      "tags": [
        "SEC",
        "insider-trading"
      ]
    },
    {
      "id": "https://marketmanipulation.org/cases/sec-rakesh-ahuja-insider-trading-2026/",
      "url": "https://marketmanipulation.org/cases/sec-rakesh-ahuja-insider-trading-2026/",
      "external_url": "https://www.sec.gov/enforcement-litigation/litigation-releases/lr-26567",
      "title": "SEC v. Rakesh Ahuja (insider trading, 2026)",
      "summary": "In June 2026 the Securities and Exchange Commission filed a settled action against Rakesh Ahuja, a former employee of an investment advisory firm to two biotechnology-focused funds, who allegedly traded on confidential clinical trial data the firm received during due diligence. He consented to an injunction, a two-year bar from acting as or associating with an investment adviser, broker or dealer, $65,404.25 in disgorgement, $12,289.01 in interest and an equal penalty.",
      "date_published": "2026-06-15T00:00:00.000Z",
      "tags": [
        "SEC",
        "insider-trading"
      ]
    },
    {
      "id": "https://marketmanipulation.org/cases/sec-santos-kidd-ponzi-schemes-2026/",
      "url": "https://marketmanipulation.org/cases/sec-santos-kidd-ponzi-schemes-2026/",
      "external_url": "https://www.sec.gov/enforcement-litigation/litigation-releases/lr-26565",
      "title": "SEC v. Santos Kidd (ponzi schemes, 2026)",
      "summary": "In 2026 the SEC announced a judgment against Santos Kidd requiring $285,155.97 in disgorgement, $37,467.18 in prejudgment interest and a $285,155.97 civil penalty, a total of $607,779.12, in a case involving Ponzi-like payments in a mobile home investment scheme.",
      "date_published": "2026-06-12T00:00:00.000Z",
      "tags": [
        "SEC",
        "ponzi-schemes"
      ]
    },
    {
      "id": "https://marketmanipulation.org/cases/sec-jianqing-li-insider-trading-2026/",
      "url": "https://marketmanipulation.org/cases/sec-jianqing-li-insider-trading-2026/",
      "external_url": "https://www.sec.gov/enforcement-litigation/litigation-releases/lr-26561",
      "title": "SEC v. JianQing Li (insider trading, 2026)",
      "summary": "In 2026, the Securities and Exchange Commission brought an action against JianQing Li, alleging conduct this library classifies as insider trading. No monetary relief has been recorded at this stage; the matter is an allegation and remains unproven. A parallel criminal matter is referenced in the release.",
      "date_published": "2026-06-05T00:00:00.000Z",
      "tags": [
        "SEC",
        "insider-trading"
      ]
    }
  ]
}