Securities violations are the subject of review and enforcement of the Securities and Exchange Commission (SEC), a federal agency. Two types of violations found in SEC cases are:
(1) spoofing, and
(2) insider trading.
research further, either spoofing or insider trading SEC violations. Find and share a case example no more than 5 years old in SEC cases.
– Briefly explain spoofing or insider trading (whichever one you have chosen) and why it is illegal (e.g., effect on business, society);
– What is the specific statute and/or regulation violated by this conduct?
– Identify the SEC case you have selected and provide a link to the case;