Tuesday - August 11, 2026
SEC Files Settled Action as to Nevada Resident in Alleged Manipulative Spoofing Scheme
August 11, 2026
WASHINGTON, Aug. 11 -- The Securities and Exchange Commission issued the following litigation release:

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Securities and Exchange Commission v. Frank M. Cerisano Jr., No. 26-cv-02444 (D. Nev. filed Aug. 10, 2026)

On August 10, 2026, the Securities and Exchange Commission filed settled charges as to Frank M. Cerisano Jr., a resident of Las Vegas, Nevada, for allegedly conducting a manipulative stock trading scheme known as spoofing over a four-year period . . .

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