Market Manipulation. Search

Market manipulation enforcement actions filed in 2017

This library records 227 market manipulation enforcement actions filed in 2017, brought by CFTC, 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
27
Total penalties
$166m
Median penalty
$100k
Largest
$85m
Criminal parallel
30%
Action Agency Filed Technique Penalty Status
SEC v. Sidoti & Company, LLC (2017) SEC 2017-02-13 $100k settled
SEC v. Yu-Cheng Lin (a.k.a. Believe Lin) (insider trading, 2017) SEC 2017-02-13 Insider Trading $5.4m judgment
SEC v. Alan Barry Staples (insider trading, 2017) SEC 2017-02-10 Insider Trading $15.2k settled
SEC v. Shaohua (Michael) Yin, et al. (insider trading, 2017) SEC 2017-02-10 Insider Trading $39.5m settled
SEC v. Raymond H. Barton (fake press releases, 2017) SEC 2017-02-09 Fake Press Releases — judgment
SEC v. William G. Goode (unregistered distributions, 2017) SEC 2017-02-09 Unregistered Distributions — judgment
SEC v. Oxford City Football Club, Inc. (boiler rooms, 2017) SEC 2017-02-08 Boiler Rooms — judgment
SEC v. Oxford City Football Club, Inc., et al. (boiler rooms, 2017) SEC 2017-02-08 Boiler Rooms — judgment
SEC v. Michael Affa and four others (Amogear pump and dump, 2017) SEC 2017-02-07 Pump And Dump — judgment
SEC v. Olde Monmouth Stock Transfer Co., Inc. and Matthew J. Troster (reverse merger schemes, 2017) SEC 2017-02-07 Reverse Merger Schemes , Unregistered Distributions $100k settled
CFTC v. The Royal Bank of Scotland (benchmark submission rigging, 2017) CFTC 2017-02-03 Benchmark Submission Rigging , Price Manipulation $85m judgment
SEC v. Mark J. Varacchi and Sentinel Growth Fund Management (ponzi schemes, 2017) SEC 2017-02-02 Ponzi Schemes — settled
CFTC v. Klatch, Heim and Assurance Capital Management (2017) CFTC 2017-01-27 $1.8m judgment
SEC v. Herman Ronnie Young, Jr. d/b/a Race Cycler (ponzi schemes, 2017) SEC 2017-01-26 Ponzi Schemes — settled
SEC v. Palestra Capital Management LLC (rule 105 offering shorts, 2017) SEC 2017-01-26 Rule 105 Offering Shorts $80k settled
SEC v. Donald P. Jones, CPA (insider trading, 2017) SEC 2017-01-23 Insider Trading $39.1k settled
SEC v. George N. Krinos (2017) SEC 2017-01-23 — judgment
CFTC v. Citigroup Global Markets Inc. (spoofing, 2017) CFTC 2017-01-19 Spoofing $25m judgment
SEC v. Cort Poyner et al. (price manipulation, 2017) SEC 2017-01-19 Price Manipulation — judgment
SEC v. Eytan Bar (2017) SEC 2017-01-18 $30k settled
SEC v. MDC Partners Inc. (2017) SEC 2017-01-18 $1.5m settled
SEC v. Kenneth Mack and Bryan McMillan (2017) SEC 2017-01-18 $65k settled
SEC v. Robin G. Charlet, Steven W. Sparks, Gregory J. Tuthill and Kirk D. Porter (unregistered distributions, 2017) SEC 2017-01-13 Unregistered Distributions $30k settled
SEC v. Gregory W. Gray, Jr., Archipel Capital and BIM Management (ponzi schemes, 2017) SEC 2017-01-12 Ponzi Schemes — settled
SEC v. ITG Inc. (2017) SEC 2017-01-12 $7.5m settled
OSC v. 2002 Concepts Inc. and others (ponzi schemes, 2017) OSC 2017-01-10 Ponzi Schemes — judgment
SEC v. Douglas Furth (matched orders, 2017) SEC 2017-01-10 Matched Orders — judgment