Advisers Act s.206
Bans fraud and deceptive practices by investment advisers toward clients and prospective clients. 182 records cite it, filed 2011 to 2026.
Official text: 15 U.S.C. 80b-6 (LII)
Counts
By year filed
- 2011: 1
- 2013: 4
- 2014: 9
- 2015: 23
- 2016: 14
- 2017: 14
- 2018: 12
- 2019: 13
- 2020: 12
- 2021: 13
- 2022: 15
- 2023: 21
- 2024: 16
- 2025: 10
- 2026: 5
By agency
- SEC: 182
By status
- Settled: 97
- Judgment entered: 62
- Alleged, pending: 18
- Dismissed: 3
- On appeal: 1
- Status unknown: 1
Technique mix
Most recent matched records
- SEC v. Robert Newell and Black Hawk Funding, Inc. (2026)
- SEC v. Terrence Chalk (ponzi schemes, 2026)
- SEC v. Sudheesh Nambiar (ponzi schemes, 2026)
- SEC v. Marat Likhtenstein (ponzi schemes, 2026)
- SEC v. Bernardo Mendia-Alcaraz and Toltec Capital LLC (ponzi schemes, 2026)
- SEC v. Mina Tadrus (ponzi schemes, 2025)
- SEC v. Solomon Lichtenstein (ponzi schemes, 2025)
- SEC v. Pathyam Patel (2025)
- SEC v. Austin D. Ellison-Meade (2025)
- SEC v. Stock Purse Trading LLC and others (ponzi schemes, 2025)
- SEC v. Ryan R. Wear and others (ponzi schemes, 2025)
- SEC v. Jose D. Rocha (ponzi schemes, 2025)
- SEC v. Kronus Financial Corporation, Finser International Corporation, Andrew H. Jacobus (ponzi schemes, 2025)
- SEC v. Jenni Yoon Jeong Lee and Evergreen Property Developments LLC (ponzi schemes, 2025)
- SEC v. Ronald Pallek (2025)
All 182 matched records
- SEC v. Robert Newell and Black Hawk Funding, Inc. (2026)
- SEC v. Terrence Chalk (ponzi schemes, 2026)
- SEC v. Sudheesh Nambiar (ponzi schemes, 2026)
- SEC v. Marat Likhtenstein (ponzi schemes, 2026)
- SEC v. Bernardo Mendia-Alcaraz and Toltec Capital LLC (ponzi schemes, 2026)
- SEC v. Mina Tadrus (ponzi schemes, 2025)
- SEC v. Solomon Lichtenstein (ponzi schemes, 2025)
- SEC v. Pathyam Patel (2025)
- SEC v. Austin D. Ellison-Meade (2025)
- SEC v. Stock Purse Trading LLC and others (ponzi schemes, 2025)
- SEC v. Ryan R. Wear and others (ponzi schemes, 2025)
- SEC v. Jose D. Rocha (ponzi schemes, 2025)
- SEC v. Kronus Financial Corporation, Finser International Corporation, Andrew H. Jacobus (ponzi schemes, 2025)
- SEC v. Jenni Yoon Jeong Lee and Evergreen Property Developments LLC (ponzi schemes, 2025)
- SEC v. Ronald Pallek (2025)
- SEC v. Silver Point Capital, L.P. (2024)
- SEC v. David Banister, et al. (social media ramps, 2024)
- SEC v. Dow Rockwell LLC and Richard Dow Rockwell (2024)
- SEC v. Dusan Varga and Pannon Investment Advisors LLC (ponzi schemes, 2024)
- SEC v. Marathon Asset Management, LP (2024)
- SEC v. Hunter Haithcock (ponzi schemes, 2024)
- SEC v. Bernardo Mendia-Alcaraz and Toltec Capital LLC (2024)
- SEC v. Sound Point Capital Management LLP (2024)
- SEC v. FlowPoint Partners, LLC and Peter J. DeCaprio (2024)
- SEC v. Robert Newell and Black Hawk Funding, Inc. (ponzi schemes, 2024)
- SEC v. Mario Gogliormella, Steven Lacaj, and Karim Ibrahim a/k/a/ Chris Hayes (boiler rooms, 2024)
- SEC v. Marc Henry Menard and Laesha Jean-Louis (2024)
- SEC v. Frank Lynold Mercado and Tiger Wolf Capital, LLC (ponzi schemes, 2024)
- SEC v. ClearPath Wealth Management, LLC and Patrick Churchville (ponzi schemes, 2024)
- SEC v. Senvest Management, LLC (2024)
- SEC v. Rafael Vargas (2024)
- SEC v. John A. Masanotti, Jr. and Middlesex Mortgage Group, LLC (ponzi schemes, 2023)
- SEC v. BlackRock Advisors, LLC (2023)
- SEC v. Empirex Capital LLC and Rafael Alberto Vargas Gonzalez (ponzi schemes, 2023)
- SEC v. Rand Heckler (2023)
- SEC v. Mortgage Industry Advisory Corporation (2023)
- SEC v. Mina Tadrus, et al. (ponzi schemes, 2023)
- SEC v. William V. Conn, Jr. (ponzi schemes, 2023)
- SEC v. Chad Stickforth (2023)
- SEC v. Jose D. Rocha (ponzi schemes, 2023)
- SEC v. Mina Tadrus and Tadrus Capital LLC (ponzi schemes, 2023)
- SEC v. Nayeem Choudhury and Dream Venture Capital Group, LLC (ponzi schemes, 2023)
- SEC v. Legend Venture Partners LLC (boiler rooms, 2023)
- SEC v. Infinity Q Capital Management, LLC (mismarking, 2023)
- SEC v. Hal D. Mintz and Sabby Management LLC (naked short selling debate, 2023)
- SEC v. Betterment LLC (tax-loss harvesting disclosures, 2023)
- SEC v. Surage Kamal Roshan Perera and Janues Capital Incorporated (ponzi schemes, 2023)
- SEC v. BKCoin Management, LLC and Kevin Kang (ponzi schemes, 2023)
- SEC v. Adam S. Kaplan and Daniel E. Kaplan (2023)
- SEC v. Stephen Keith Woodard, Sr. (ponzi schemes, 2023)
- SEC v. Shawn E. Good (ponzi schemes, 2023)
- SEC v. Austin D. Ellison-Meade (2023)
- SEC v. Legal & General Investment Management America, Inc. (cross trading, 2022)
- SEC v. Justin Costello and David Ferraro (social media ramps, 2022)
- SEC v. Mauricio Chavez, Giorgio Benvenuto and CryptoFX, LLC (ponzi schemes, 2022)
- SEC v. Scott Lindell (mismarking, 2022)
- SEC v. Brian Lam, NineSquare Capital Partners LLC and others (2022)
- SEC v. James Arthur McDonald, Jr. and Hercules Investments, LLC (ponzi schemes, 2022)
- SEC v. Waddell & Reed, LLC (2022)
- SEC v. NPA Asset Management, LLC (2022)
- SEC v. StraightPath Venture Partners LLC, et al. (2022)
- SEC v. Michael Mooney, Britt Wright and Penny Flippen (2022)
- SEC v. Patrick Churchville, et al. (ponzi schemes, 2022)
- SEC v. Andrew M. Middlebrooks, et al. (2022)
- SEC v. Mark Marchi (ponzi schemes, 2022)
- SEC v. Maplelane Capital LLC (naked short selling debate, 2022)
- SEC v. Wealth Plus, Inc. (unregistered distributions, 2022)
- SEC v. MIO Partners, Inc. (2021)
- SEC v. Ann M. Vick (2021)
- SEC v. Steven Fitzgerald Brown (ponzi schemes, 2021)
- SEC v. Cetera Advisor Networks LLC and four affiliates (customer information safeguards, 2021)
- SEC v. Roger E. Dobrovodsky (unregistered distributions, 2021)
- SEC v. John J. Woods, Livingston Group Asset Management Company d/b/a Southport Capital, and Horizon Private Equity, III, LLC (ponzi schemes, 2021)
- SEC v. Martin Adrian Ruiz, et al. (2021)
- SEC v. George Heckler (2021)
- SEC v. Edgar M. Radjabli, Apis Capital Management LLC and My Loan Doctor LLC (sham tender offers, 2021)
- SEC v. James T. Booth (ponzi schemes, 2021)
- SEC v. Isaiah L. Goodman (2021)
- SEC v. Jacob C. Glick (2021)
- SEC v. Advanced Practice Advisors, LLC and Paul C. Spitzer (2021)
- SEC v. Craig Rumbaugh, et al. (2020)
- SEC v. American Portfolios Financial Services, Inc. and American Portfolios Advisors, Inc. (2020)
- SEC v. Terrence Chalk, et al. (2020)
- SEC v. Paul Horton Smith, Sr. and others (ponzi schemes, 2020)
- SEC v. Palmer Square Capital Management LLC (cross trading, 2020)
- SEC v. Scott Allen Fries (2020)
- SEC v. Steven Fitzgerald Brown (ponzi schemes, 2020)
- SEC v. Ares Management LLC (2020)
- SEC v. Semper Capital Management, L.P. (mismarking, 2020)
- SEC v. Aequitas Management, LLC, et al. (ponzi schemes, 2020)
- SEC v. Barry R. Bekkedam (2020)
- SEC v. Edward E. Matthes (2020)
- SEC v. Lester Burroughs (ponzi schemes, 2019)
- SEC v. Ruless Pierre a/k/a Rules Pierre (ponzi schemes, 2019)
- SEC v. James T. Booth (ponzi schemes, 2019)
- SEC v. William M. Apostelos, et al. (ponzi schemes, 2019)
- SEC v. Christopher Plaford (insider trading, 2019)
- SEC v. Amrit J. S. Chahal (2019)
- SEC v. Avi Chiat (2019)
- SEC v. Edward Lee Moody, Jr. (ponzi schemes, 2019)
- SEC v. Syed Arham Arbab, Artis Proficio Capital Investments, LLC, and Artis Proficio Capital Management, LLC (ponzi schemes, 2019)
- SEC v. Christopher D. Dougherty, et al. (ponzi schemes, 2019)
- SEC v. Scott Newsholme (2019)
- SEC v. Carol Ann Pedersen (ponzi schemes, 2019)
- SEC v. William Neil "Doc" Gallagher, Gallagher Financial Group, Inc., and W. Neil Gallagher, Ph.D. Agency, Inc. (ponzi schemes, 2019)
- SEC v. Wealthfront Advisers, LLC (tax-loss harvesting disclosures, 2018)
- SEC v. Fifth Street Management, LLC (2018)
- SEC v. Todd Elliott Hitt, et al. (2018)
- SEC v. Gregory Lemelson, Lemelson Capital Management, LLC, and The Amvona Fund (short and distort, 2018)
- SEC v. Murakami, et al. (2018)
- SEC v. Edward Lee Moody Jr., et. al. (ponzi schemes, 2018)
- SEC v. Santillo, Parris, LaRocco, Piccarreto and Brenner (ponzi schemes, 2018)
- SEC v. Visium Asset Management, LP (insider trading, 2018)
- SEC v. Scott Newsholme (2018)
- SEC v. Amrit J. S. Chahal (ponzi schemes, 2018)
- SEC v. Michael Scronic (ponzi schemes, 2018)
- SEC v. Stefan Lumiere (mismarking, 2018)
- SEC v. Ronald A. Fossum, Jr. and Alonzo R. Cahoon (unregistered distributions, 2017)
- SEC v. Canterbury Consulting, Inc. (2017)
- SEC v. Francisco Illarramendi, Highview Point and Michael Kenwood (ponzi schemes, 2017)
- SEC v. Scott Newsholme (2017)
- SEC v. Louis Martin Blazer III (2017)
- SEC v. Eric David Wanger and Wanger Investment Management, Inc. (marking the close, 2017)
- SEC v. William J. Wells and Promitor Capital Management LLC (ponzi schemes, 2017)
- SEC v. Francisco Illarramendi, Highview Point Partners, LLC and others (ponzi schemes, 2017)
- SEC v. Yasuna Murakami and Avi Chiat (ponzi schemes, 2017)
- SEC v. Mark J. Varacchi and Sentinel Growth Fund Management (ponzi schemes, 2017)
- SEC v. Patrick Churchville and ClearPath Wealth Management (ponzi schemes, 2017)
- SEC v. Mark J. Varacchi and Sentinel Growth Fund Management (ponzi schemes, 2017)
- SEC v. George N. Krinos (2017)
- SEC v. Gregory W. Gray, Jr., Archipel Capital and BIM Management (ponzi schemes, 2017)
- SEC v. Gary L. McDuff (ponzi schemes, 2016)
- SEC v. Shervin Neman and Neman Financial, Inc. (ponzi schemes, 2016)
- SEC v. Steven R. Markusen and Jay C. Cope (marking the close, 2016)
- SEC v. Ikenna Ikokwu and his firms (2016)
- SEC v. Jason W. Galanis, et al. (matched orders, 2016)
- SEC v. Patrick Churchville and ClearPath Wealth Management (ponzi schemes, 2016)
- SEC v. Providence Financial Investments, Inc., Providence Fixed Income Fund, LLC, Jeffory Churchfield, and Jack Jarrell (unregistered distributions, 2016)
- SEC v. JSG Capital Investments, Gill and Rios (ponzi schemes, 2016)
- SEC v. Louis Martin Blazer III (2016)
- SEC v. Christopher M. Gibson (front running, 2016)
- SEC v. Gedrey Thompson (ponzi schemes, 2016)
- SEC v. Royal Alliance Associates, Inc., SagePoint Financial, Inc. and FSC Securities Corporation (2016)
- SEC v. Aequitas Management, LLC, et al. (ponzi schemes, 2016)
- SEC v. Garfield M. Taylor (ponzi schemes, 2016)
- SEC v. Morgan Stanley Investment Management Inc. and Sheila Huang (prearranged client cross trades, 2015)
- SEC v. William M. Apostelos and WMA Enterprises (ponzi schemes, 2015)
- SEC v. Summit Trust Company, Kevin and George Brown (ponzi schemes, 2015)
- SEC v. James N. Fry (2015)
- SEC v. James Goodland and Securus Wealth Management, LLC (marking the close, 2015)
- SEC v. Jason W. Galanis (matched orders, 2015)
- SEC v. Bennett Group Financial Services, LLC and Dawn J. Bennett (2015)
- SEC v. Citigroup Global Markets, Inc. (2015)
- SEC v. Citigroup Alternative Investments LLC and Citigroup Global Markets Inc. (2015)
- SEC v. Total Wealth Management and Jacob Keith Cooper (2015)
- SEC v. Guggenheim Partners Investment Management, LLC (2015)
- SEC v. Donald L. Koch and Koch Asset Management, LLC (marking the close, 2015)
- SEC v. Luca International Group, Yang and others (ponzi schemes, 2015)
- SEC v. Phil Donnahue Williamson (ponzi schemes, 2015)
- SEC v. Veros Partners, Haab, Risinger and Senefeld (ponzi schemes, 2015)
- SEC v. Joseph John Labadia (unregistered distributions, 2015)
- SEC v. James A. Evans, Jr., d/b/a Cashflowbot.com, d/b/a DollarMonster (ponzi schemes, 2015)
- SEC v. Gregory W. Gray, Jr., et al. (ponzi schemes, 2015)
- SEC v. John A. Geringer and GLR Advisors (ponzi schemes, 2015)
- SEC v. Francisco Illarramendi, Highview Point, Michael Kenwood (ponzi schemes, 2015)
- SEC v. Marlon Quan and Stewardship Investment Advisors, LLC (2015)
- SEC v. du Pasquier & Co., Inc. (2015)
- SEC v. Frederic Elm and Elm Tree Investment Advisors (ponzi schemes, 2015)
- SEC v. Thomas and Delsa U. The D. Christopher Capital Management Group, LLC (ponzi schemes, 2014)
- SEC v. Marlon Quan and Stewardship Investment Advisors, LLC (2014)
- SEC v. Anthony Coronati and Bidtoask LLC (ponzi schemes, 2014)
- SEC v. Ambassador Capital Management, LLC and Derek H. Oglesby (2014)
- SEC v. Herbert Steven Fouke (2014)
- SEC v. Timbervest, LLC Shapiro and others (2014)
- SEC v. Montanino and David J. (2014)
- SEC v. Thomas E. Meade (2014)
- SEC v. Richard D. Hicks (ponzi schemes, 2014)
- SEC v. North East Capital and LLCand Anthony T. Vicidomine (unregistered distributions, 2013)
- SEC v. Bogar, Young and Green (ponzi schemes, 2013)
- SEC v. Larry Michael Parrish (ponzi schemes, 2013)
- SEC v. James S. Tagliaferri (ponzi schemes, 2013)
- SEC v. David W. Baldt (insider trading, 2011)
What this does not show
These are statutes cited in the record's document where it charges, finds or alleges a violation, not necessarily proven ones. Dismissed and pending matters count as alleged. A release that names no section is not matched, so counts understate use of this provision. The plain-language meaning is a summary, not legal advice.