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Wire · operational-macro

SEC sanctions after-hours spoofing

Published

12 August 2026

Topic

operational-macro

◆ Sectors

Fintech

◆ Geography

United States

◆ Source

Read at investmentexecutive.com →

◆ Verified

Fusion42 · 12 August 2026 · Fusion42 review

The SEC sanctioned a trader for carrying out a spoofing scheme during extended trading hours between 2021 and 2025, generating over $1 million in illegal gains. The trader used multiple broker accounts to avoid detection and settled with disgorgement and penalties.

This Wire brief sits within Fusion42's coverage of Fintech.

◆ ◆ The Wire takeaway

You must tighten surveillance on after-hours trading to catch manipulation using multiple accounts. The SEC is scrutinising extended hours trades more closely, raising compliance risk for your platform.

◆ Coverage

1 source · 12 Aug 2026

◆ Related on Wire

◆ Topics

Fintechsecspoofingmarket-manipulationextended-hoursregulationtrading