market manipulation

Kraft Settles Futures Market Manipulation Case
Risk & Compliance

Kraft Settles Futures Market Manipulation Case

The company allegedly made more than $5 million in profits and savings from improper wheat futures trading.
By Matthew Heller | August 16, 2019
Read More
Court Dismisses Suit Over CBOE’s ‘Fear Gauge’
Risk & Compliance

Court Dismisses Suit Over CBOE’s ‘Fear Gauge’

A federal judge says investors failed to show the exchange intentionally designed a settlement process that made its VIX index vulnerable to manipulation.
By Matthew Heller | May 30, 2019
Read More
SEC Warns of Initial Coin Offering Fraud Risks
Technology

SEC Warns of Initial Coin Offering Fraud Risks

Fraudsters could be using “the lure of new and emerging technologies to convince potential victims" to invest in companies that promote ICOs.
By Matthew Heller | August 29, 2017
Read More
Man Accused of Making Phony Bid for Fitbit
Risk & Compliance

Man Accused of Making Phony Bid for Fitbit

Robert Murray allegedly gamed the SEC's EDGAR system to submit a tender offer for the company, enabling him to manipulate Fitbit's stock price.
By Matthew Heller | May 22, 2017
Read More
Ex-Traders Charged With Currency Rigging
Risk & Compliance

Ex-Traders Charged With Currency Rigging

U.S. authorities say traders for three banks used the "Cartel' online chatroom to manipulate the price of U.S. dollars and euros.
By Matthew Heller | January 12, 2017
Read More
Traders Accused of $25M Market Manipulation
Risk & Compliance

Traders Accused of $25M Market Manipulation

The SEC says the traders made at least 23,000 coordinated trades to manipulate the prices of more than 2,000 stocks.
By Matthew Heller | December 12, 2016
Read More
Pakistani Accused of Manipulating Tech Stock
Technology

Pakistani Accused of Manipulating Tech Stock

The SEC says Nauman Aly made a $450,000 profit by submitting a bogus takeover offer for Integrated Device Technology.
By Matthew Heller | May 25, 2016
Read More
Nine Charged in $131M Stock Fraud Scheme
Risk & Compliance

Nine Charged in $131M Stock Fraud Scheme

ForceField Energy's ex-chairman allegedly paid a publisher and others to hype its stock in exchange for kickbacks they did not disclose.
By Matthew Heller | May 4, 2016
Read More
Ex-Trader Gets 14 Years in Jail for Rigging Libor
Risk & Compliance

Ex-Trader Gets 14 Years in Jail for Rigging Libor

A London judge gives Tom Hayes a stiffer-than-expected sentence 'to send a signal' to the banking industry.
By Katie Kuehner-Hebert | August 3, 2015
Read More
SEC Charges 34 Defendants With Microcap Fraud
Risk & Compliance

SEC Charges 34 Defendants With Microcap Fraud

Fifteen individuals and 19 firms allegedly participated in "pump-and-dump" schemes that netted $6.5 million in illegal profits.
By Matthew Heller | July 15, 2015
Read More
Regulator Wants Benchmark Interest Rate Overhaul
Credit & Capital

Regulator Wants Benchmark Interest Rate Overhaul

Motivated by rate-rigging scandals, the Financial Stability Board seeks to restore confidence in financial market benchmarks.
By Iris Dorbian | July 22, 2014
Read More