Securities Act s.17(b)
Requires anyone paid to promote a security to disclose the payment and its amount; the “touting” provision. 58 records cite it, filed 2004 to 2026.
Official text: 15 U.S.C. 77q (LII)
Counts
By year filed
- 2004: 1
- 2013: 1
- 2014: 1
- 2015: 1
- 2016: 5
- 2017: 10
- 2018: 6
- 2019: 3
- 2020: 6
- 2021: 4
- 2022: 4
- 2023: 10
- 2024: 4
- 2025: 1
- 2026: 1
By agency
- SEC: 58
By status
- Settled: 41
- Judgment entered: 11
- Alleged, pending: 4
- Dismissed: 2
Technique mix
Most recent matched records
- SEC v. Justin Sun, Tron Foundation Limited, BitTorrent Foundation Ltd., Rainberry, Inc., and DeAndre Cortez Way (wash trading, 2026)
- SEC v. Medallion Financial Corp., Andrew Murstein, Lawrence Meyers, and Ichabod’s Cranium, Inc. (paid stock promotion, 2025)
- SEC v. John S. Clayton and others (insider trading, 2024)
- SEC v. Ian Balina (paid stock promotion, 2024)
- SEC v. Ahmed Alomari and MCM Consulting (paid stock promotion, 2024)
- SEC v. Christian Fernandez (paid stock promotion, 2024)
- SEC v. Justin Sun, Tron Foundation Limited, BitTorrent Foundation Ltd., Rainberry, Inc., Austin Mahone, and Deandre Cortez Way (paid stock promotion, 2023)
- SEC v. Thomas Carter Ronk (paid stock promotion, 2023)
- SEC v. Justin Sun et al. (paid stock promotion, 2023)
- SEC v. Aliaune Damala Badara Akon Thiam (paid stock promotion, 2023)
- SEC v. Jake Joseph Paul (paid stock promotion, 2023)
- SEC v. Lindsay Dee Lohan (paid stock promotion, 2023)
- SEC v. Michele Anne Mason (paid stock promotion, 2023)
- SEC v. Miles Parks McCollum (paid stock promotion, 2023)
- SEC v. Shaffer Chimere Smith (paid stock promotion, 2023)
All 58 matched records
- SEC v. Justin Sun, Tron Foundation Limited, BitTorrent Foundation Ltd., Rainberry, Inc., and DeAndre Cortez Way (wash trading, 2026)
- SEC v. Medallion Financial Corp., Andrew Murstein, Lawrence Meyers, and Ichabod’s Cranium, Inc. (paid stock promotion, 2025)
- SEC v. John S. Clayton and others (insider trading, 2024)
- SEC v. Ian Balina (paid stock promotion, 2024)
- SEC v. Ahmed Alomari and MCM Consulting (paid stock promotion, 2024)
- SEC v. Christian Fernandez (paid stock promotion, 2024)
- SEC v. Justin Sun, Tron Foundation Limited, BitTorrent Foundation Ltd., Rainberry, Inc., Austin Mahone, and Deandre Cortez Way (paid stock promotion, 2023)
- SEC v. Thomas Carter Ronk (paid stock promotion, 2023)
- SEC v. Justin Sun et al. (paid stock promotion, 2023)
- SEC v. Aliaune Damala Badara Akon Thiam (paid stock promotion, 2023)
- SEC v. Jake Joseph Paul (paid stock promotion, 2023)
- SEC v. Lindsay Dee Lohan (paid stock promotion, 2023)
- SEC v. Michele Anne Mason (paid stock promotion, 2023)
- SEC v. Miles Parks McCollum (paid stock promotion, 2023)
- SEC v. Shaffer Chimere Smith (paid stock promotion, 2023)
- SEC v. Paul Anthony Pierce (paid stock promotion, 2023)
- SEC v. Kimberly Kardashian (paid stock promotion, 2022)
- SEC v. John David McAfee and Jimmy Gale Watson, Jr. (newsletter scalping, 2022)
- SEC v. Global Wholehealth Partners Corp., Charles Strongo, Brian M. Volmer, Joshua Yafa, Jamie M. Yafa, and Empire Associates, Inc. (paid stock promotion, 2022)
- SEC v. SeeThruEquity, LLC, Ajay Tandon, and Amit Tandon (newsletter scalping, 2022)
- SEC v. Adam Heimann (paid stock promotion, 2021)
- SEC v. Blotics Ltd. f/d/b/a Coinschedule Ltd. (paid stock promotion, 2021)
- SEC v. Contrarian Press, LLC, Scott S. Fraser, and Nathan Yeung (paid stock promotion, 2021)
- SEC v. Reuben Robert Goldman and Two Triangle Consulting Group, LLC d/b/a Goldman Small Cap Research (paid stock promotion, 2021)
- SEC v. Anthony Thompson, Jr., et al. (paid stock promotion, 2020)
- SEC v. McAfee et al. (paid stock promotion, 2020)
- SEC v. IRTH Communications, LLC and Andrew Haag (paid stock promotion, 2020)
- SEC v. Shawn Severson (paid stock promotion, 2020)
- SEC v. Steven Seagal (paid stock promotion, 2020)
- SEC v. Lidingo Holdings, LLC, et al. (paid stock promotion, 2020)
- SEC v. Brian Robert Sodi, et al. (newsletter scalping, 2019)
- SEC v. ICO Rating (paid stock promotion, 2019)
- SEC v. Anthony J. Thompson, Jr., et al. (paid stock promotion, 2019)
- SEC v. Floyd Mayweather Jr. (paid stock promotion, 2018)
- SEC v. Khaled Khaled (paid stock promotion, 2018)
- SEC v. SeeThruEquity, LLC et al. (newsletter scalping, 2018)
- SEC v. Thomas Carter Ronk (boiler rooms, 2018)
- SEC v. CSIR Group, LLC, et al. (paid stock promotion, 2018)
- SEC v. Kon and Alexander (paid stock promotion, 2018)
- SEC v. Joey Giamichael and Umbrella Research, LLC (newsletter scalping, 2017)
- SEC v. Lidingo Holdings, LLC, et al., CSIR Group, LLC, et al. (paid stock promotion, 2017)
- SEC v. Craig Keolanui (paid stock promotion, 2017)
- SEC v. Edward Borrelli and Dunedin, Inc. (paid stock promotion, 2017)
- SEC v. Galena Biopharma, Inc. and Mark J. Ahn (unregistered distributions, 2017)
- SEC v. ImmunoCellular Therapeutics, Ltd. (paid stock promotion, 2017)
- SEC v. Joel Corenman (paid stock promotion, 2017)
- SEC v. Lion Biotechnologies, Inc. (paid stock promotion, 2017)
- SEC v. Michael A. McCarthy (paid stock promotion, 2017)
- SEC v. Stephen Ramey (paid stock promotion, 2017)
- SEC v. Contrarian Press, LLC, Scott S. Fraser, and Nathan Yeung (paid stock promotion, 2016)
- SEC v. Richard St. Julien et al. (paid stock promotion, 2016)
- SEC v. William E. Mapp, III, et al. (paid stock promotion, 2016)
- SEC v. Tobin Smith, et al. (paid stock promotion, 2016)
- SEC v. Guy Gentile (paid stock promotion, 2016)
- SEC v. Houston American Energy Corp., John F. Terwilliger, Undiscovered Equities, Inc. and Kevin T. McKnight (paid stock promotion, 2015)
- SEC v. Wells Fargo Advisors, LLC (insider trading controls, 2014)
- SEC v. Adam Troy Dooly (paid stock promotion, 2013)
- SEC v. OTC Live, Inc. and Mark A. Suleymanov (unregistered distributions, 2004)
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.