Market Manipulation. Search

Market manipulation enforcement actions filed in 2019

This library records 181 market manipulation enforcement actions filed in 2019, brought by CFTC, 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
81
Total penalties
$22.4m
Median penalty
$167k
Largest
$11.5m
Criminal parallel
43%
Action Agency Filed Technique Penalty Status
SEC v. Henry J. Wieniewitz, III, et al. (ponzi schemes, 2019) SEC 2019-07-15 Ponzi Schemes — settled
SEC v. Jehu Hand, Esq. (pump and dump, 2019) SEC 2019-07-11 Pump And Dump — unknown
SEC v. GT Media, Inc. (unregistered distributions, 2019) SEC 2019-07-01 Unregistered Distributions — settled
SEC v. Tory J. R. Schalkle (insider trading, 2019) SEC 2019-07-01 Insider Trading — settled
CFTC v. Commodity Trading Firm (wash trading, 2019) CFTC 2019-06-28 Wash Trading $350k judgment
CFTC v. unnamed respondents (ponzi schemes, 2019) CFTC 2019-06-27 Ponzi Schemes $1.2m judgment
SEC v. Amrit J. S. Chahal (ponzi schemes, 2019) SEC 2019-06-27 Ponzi Schemes — judgment
SEC v. Henry Sargent et al. (undisclosed control blocks, 2019) SEC 2019-06-27 Undisclosed Control Blocks — filed
SEC v. Matthew A. Krimm, et al. (ponzi schemes, 2019) SEC 2019-06-27 Ponzi Schemes — judgment
SEC v. Rajeshwar R. Gannamaneni, Deepthi Gandra, and Linga R. Gannamaneni (insider trading, 2019) SEC 2019-06-27 Insider Trading — settled
CFTC v. Merrill Lynch Commodities (price manipulation, 2019) CFTC 2019-06-25 Price Manipulation , Spoofing $11.5m judgment
SEC v. Avi Chiat (ponzi schemes, 2019) SEC 2019-06-24 Ponzi Schemes — judgment
SEC v. Landon M. Smith (ponzi schemes, 2019) SEC 2019-06-24 Ponzi Schemes — filed
SEC v. Andrew J. Kandelapas (marking the close, 2019) SEC 2019-06-21 Marking The Close — judgment
SEC v. Edward Lee Moody, Jr. (ponzi schemes, 2019) SEC 2019-06-21 Ponzi Schemes — judgment
SEC v. Kit Mun Chan, Lau Kean Chong, Chong Poui Fan, Binji Lu, and Youn Chien Wong (matched orders, 2019) SEC 2019-06-21 Matched Orders — filed
CFTC v. Company and its Principal (ponzi schemes, 2019) CFTC 2019-06-18 Ponzi Schemes — filed
SEC v. Raymond Starker (insider trading, 2019) SEC 2019-06-18 Insider Trading $46.3k judgment
SEC v. Wedbush Securities, Inc. (naked short selling debate, 2019) SEC 2019-06-18 Naked Short Selling Debate — settled
SEC v. Industrial and Commercial Bank of China Financial Services LLC (naked short selling debate, 2019) SEC 2019-06-14 Naked Short Selling Debate — settled
SEC v. Roland M. Mathys (insider trading, 2019) SEC 2019-06-13 Insider Trading — unknown
SEC v. Christopher Salis, et al. (insider trading, 2019) SEC 2019-06-12 Insider Trading — dismissed
SEC v. Steven Fishoff, et al. (insider trading, 2019) SEC 2019-06-11 Insider Trading — judgment
SEC v. Einstein Investments LLC (pump and dump, 2019) SEC 2019-06-05 Pump And Dump — unknown
SEC v. Longfin Corp. and Venkata S. Meenavalli, Longfin et. al (unregistered distributions, 2019) SEC 2019-06-05 Unregistered Distributions $2.9m settled
SEC v. James E. Hocker (ponzi schemes, 2019) SEC 2019-06-04 Ponzi Schemes — judgment
SEC v. Syed Arham Arbab, Artis Proficio Capital Investments, LLC, and Artis Proficio Capital Management, LLC (ponzi schemes, 2019) SEC 2019-06-03 Ponzi Schemes — unknown
SEC v. Craig H. Carton, et al. (ponzi schemes, 2019) SEC 2019-05-31 Ponzi Schemes — judgment
SEC v. David A. Altom and Gabriel V. Graven (insider trading, 2019) SEC 2019-05-29 Insider Trading — settled
SEC v. George Slowinski (paid stock promotion, 2019) SEC 2019-05-29 Paid Stock Promotion — filed
SEC v. Stephen Brandon Anderson (undisclosed control blocks, 2019) SEC 2019-05-28 Undisclosed Control Blocks — settled
SEC v. Robert C. Morgan (ponzi schemes, 2019) SEC 2019-05-23 Ponzi Schemes — unknown
SEC v. Howard M. Appel (float locking, 2019) SEC 2019-05-22 Float Locking — judgment
SEC v. Robert S. Davis, Jr., et al. (ponzi schemes, 2019) SEC 2019-05-22 Ponzi Schemes — filed
SEC v. Jonathan H. Seigel, et al. (ponzi schemes, 2019) SEC 2019-05-21 Ponzi Schemes , Unregistered Distributions — filed
SEC v. Mark "Christian" Ramsey (insider trading, 2019) SEC 2019-05-21 Insider Trading — filed
SEC v. David N. Osegueda, Ishmail Calvin Ross, aka Calvin Ross, Zachary R. Logan, and Jessica Snyder, fka Jessica Gutierrez (pump and dump, 2019) SEC 2019-05-20 Pump And Dump — filed
SEC v. Andrew I. Farmer, Scott R. Sieck, Eddie D. Austin, Jr., Carolyn P. Austin, and John D. Brotherton (pump and dump, 2019) SEC 2019-05-17 Pump And Dump — judgment
SEC v. Robert M. Schulman, Esq. (insider trading, 2019) SEC 2019-05-16 Insider Trading — appealed
SEC v. Wilson-Davis & Co., Inc. (paid stock promotion, 2019) SEC 2019-05-15 Paid Stock Promotion , Pump And Dump +1 — settled
SEC v. Brian Fettner, et al. (insider trading, 2019) SEC 2019-05-14 Insider Trading — judgment
SEC v. Bryan B. Long, CPA (insider trading, 2019) SEC 2019-05-13 Insider Trading — judgment
SEC v. Robert M. Morano (insider trading, 2019) SEC 2019-05-13 Insider Trading — judgment
CFTC v. CEO of Managed Fund (ponzi schemes, 2019) CFTC 2019-05-10 Ponzi Schemes — filed
SEC v. Lloyd Schuman and Dane Janes (Corrected Version) (insider trading, 2019) SEC 2019-05-09 Insider Trading — settled
SEC v. Rocco Roveccio (churning, 2019) SEC 2019-05-06 Churning — judgment
SEC v. One or More Unknown Traders in the Securities of Anadarko Petroleum Corp. (insider trading, 2019) SEC 2019-04-29 Insider Trading — judgment
SEC v. Christopher D. Dougherty, et al. (ponzi schemes, 2019) SEC 2019-04-26 Ponzi Schemes — filed
SEC v. Charter Capital Management, LLC and Steven Morris Bruce (undisclosed control blocks, 2019) SEC 2019-04-23 Undisclosed Control Blocks $40k settled
CFTC v. Forex Trading Firms and Principals (ponzi schemes, 2019) CFTC 2019-04-22 Ponzi Schemes — filed
SEC v. David M. Loflin (pump and dump, 2019) SEC 2019-04-22 Pump And Dump — settled
SEC v. Dov Zaidman, CPA and and ZBS Group LLP (shell factories, 2019) SEC 2019-04-22 Shell Factories — settled
SEC v. Yuh-Yue Chen (insider trading, 2019) SEC 2019-04-18 Insider Trading — unknown
SEC v. Quentin Louis Wilcox (insider trading, 2019) SEC 2019-04-16 Insider Trading — judgment
SEC v. Ivan Acevedo & Dane R. Roseman (ponzi schemes, 2019) SEC 2019-04-12 Ponzi Schemes — filed
SEC v. James M. Schneider, Esq. (reverse merger schemes, 2019) SEC 2019-04-10 Reverse Merger Schemes — judgment
SEC v. Paul Bannon Powers (insider trading, 2019) SEC 2019-04-10 Insider Trading — settled
SEC v. Scott Newsholme (ponzi schemes, 2019) SEC 2019-04-05 Ponzi Schemes — judgment
SEC v. Tai-Cheng Yang (insider trading, 2019) SEC 2019-04-05 Insider Trading — settled
SEC v. Evan R. Kita, et al. (insider trading, 2019) SEC 2019-04-04 Insider Trading — judgment
SEC v. Tiber Creek Corp. and James M. Cassidy (reverse merger schemes, 2019) SEC 2019-03-26 Reverse Merger Schemes — judgment
SEC v. Carol Ann Pedersen (ponzi schemes, 2019) SEC 2019-03-20 Ponzi Schemes — judgment
SEC v. Frank Morelli III and Louis Buonocore (pump and dump, 2019) SEC 2019-03-20 Pump And Dump — dismissed
SEC v. Kent R.E. Whitney, David Lee Parrish, The Church for the Healthy Self a/k/a CHS Trust, and CHS Asset Management Inc. (paid stock promotion, 2019) SEC 2019-03-18 Paid Stock Promotion , Ponzi Schemes — unknown
SEC v. William Neil "Doc" Gallagher, Gallagher Financial Group, Inc., and W. Neil Gallagher, Ph.D. Agency, Inc. (ponzi schemes, 2019) SEC 2019-03-12 Ponzi Schemes — filed
SEC v. Ascension Asset Management, LLC Gooder and Grenville M., JR. (undisclosed control blocks, 2019) SEC 2019-03-07 Undisclosed Control Blocks — unknown
CFTC v. Defendants (ponzi schemes, 2019) CFTC 2019-03-04 Ponzi Schemes $5.9m judgment
SEC v. Rong Chen, et al. (insider trading, 2019) SEC 2019-03-04 Insider Trading $167k judgment
SEC v. William C. Gennity (churning, 2019) SEC 2019-03-04 Churning — judgment
CFTC v. Krishna Mohan (spoofing, 2019) CFTC 2019-02-25 Spoofing — dismissed
SEC v. Walter C. Little and Andrew M. Berke (insider trading, 2019) SEC 2019-02-22 Insider Trading — judgment
SEC v. Joseph Frank Vacante (insider trading, 2019) SEC 2019-02-21 Insider Trading — judgment
SEC v. Gene Daniel Levoff (insider trading, 2019) SEC 2019-02-13 Insider Trading — unknown
SEC v. Jason McDiarmid, et al. (paid stock promotion, 2019) SEC 2019-02-12 Paid Stock Promotion , Pump And Dump — judgment
SEC v. NL Technology, LLC et al. (ponzi schemes, 2019) SEC 2019-02-11 Ponzi Schemes — judgment
SEC v. Daniel J. Callahan (insider trading, 2019) SEC 2019-02-08 Insider Trading $19.4k settled
SEC v. Spark Trading Group, LLC and Niket Shah (ponzi schemes, 2019) SEC 2019-02-08 Ponzi Schemes — judgment
CFTC v. Andre Flotron (spoofing, 2019) CFTC 2019-02-07 Spoofing $100k judgment
SEC v. Edward Withrow, et al. (paid stock promotion, 2019) SEC 2019-02-05 Paid Stock Promotion — filed
SEC v. Anthony J. Thompson, Jr., et al. (paid stock promotion, 2019) SEC 2019-02-01 Paid Stock Promotion , Pump And Dump — settled
CFTC v. Proprietary Trader (spoofing, 2019) CFTC 2019-01-31 Spoofing $120k judgment