Thursday - November 20, 2025
SEC Obtains Final Judgment Against South Texas Trader for Fraudulent "Free-Riding" Scheme
November 19, 2025
WASHINGTON, Nov. 19 -- The Securities and Exchange Commission issued the following litigation release (No. 4:25-CV-03122; S.D. Tex. filed July 3, 2025) involving Cyrus P. Naderi:

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On October 7, 2025, the Securities and Exchange Commission obtained a final judgment against Cyrus P. Naderi of The Woodlands, Texas, for charges related to conducting a fraudulent "free-riding" scheme through which he attempted to profit by purchasing and selling stocks without . . .

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