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SEC Spotlight

June 20, 2017

Cybersecurity Enforcement Actions

Cybersecurity graphic

Account Intrusion

Action Name Description Date Filed
SEC v. Mustapha, Idris Dayo Overseas trader hacked into online customer brokerage accounts to manipulate stock prices through unauthorized trades 6/22/2016
SEC v. Nagaicevs, Igors Overseas trader hacked into online customer brokerage accounts to manipulate stock prices through unauthorized trades 1/26/2012

Hacking/Insider Trading

Action Name Description Date Filed
SEC v. Hong, Iat, et al. Overseas traders hacked into two U.S. law firms to obtain nonpublic information on which they traded 12/27/2016
SEC v. Ly, Jonathan IT specialist hacked into the email accounts of senior executives of his employer to obtain nonpublic information on which he traded 12/5/2016
SEC v. Dubovoy, Arkadiy, et al. Overseas trading ring hacked into the servers of newswire services to obtain nonpublic information on which they traded 5/4/2016
SEC v. Zavodchiko, Evegenii, et al. Overseas trading ring hacked into the servers of newswire services to obtain nonpublic information on which they traded 2/18/2016

Market Manipulation

Action Name Description Date Filed
SEC v. Murray, Robert W U.S.-based trader filed false tender offer form on EDGAR to manipulate stock price 5/19/2017
SEC v. Aly, Nauman A. Overseas trader manipulated stock price by filing false Schedule 13D form on EDGAR 5/24/2016
SEC v. PTG Capital Partners LTD, et al. Overseas trader manipulated prices of stocks through false EDGAR filings 3/11/2016
SEC v. Craig, James Alan Overseas trader disseminated false tweets to manipulate stock prices 11/6/2015

Safeguarding Customer Information

Action Name Description Date Filed
Morgan Stanley Smith Barney LLC Failure to safeguard customer data in violation of Reg SP 6/8/2016
RT Jones Capital Equities Management, Inc. Failure to safeguard customer data from cyber-breaches in violation of Reg SP 9/22/2015

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