15 U.S.C. § 78j(b)
securities fraud — Rule 10b-5
all statutes
Securities

The core SEC antifraud provision: bars the use of any manipulative or deceptive device in connection with the purchase or sale of a security. Rule 10b-5 is promulgated under it.

3,690
documents charge this statute
6
associated schemes
10
structural heuristics
scheme mix in corpus: Ponzi 504Insider Trading 476Investment Adviser Fraud 411Unregistered Securities Offering 392Pump-and-Dump 285Financial-Statement Fraud 269Accounting / Disclosure Fraud 253Market Manipulation 212Broker-Dealer Fraud 194Crypto / Digital-Asset Securities 143Pre-IPO Fraud 140Corporate Disclosure Fraud 116Non-Corporate Fraud 85Affinity Fraud 44Boiler Room 31Health Care Fraud 30other 28Cyber Fraud 21Advance-Fee Fraud 17Public Corruption 15FCPA Violation 11unclassified 10Racketeering / RICO 3

Fraud schemes charged under this statute

Securities Fraud (general antifraud) observation

General antifraud conduct under Rule 10b-5 / § 17(a) — the catch-all securities-fraud category.

rule / inferenceMaterial misstatement or omission in connection with the purchase or sale of a security.
SEC filings 8-K10-K10-QForm 4
heuristicssec_staff_action
Insider Trading observation

Trading on material non-public information (MNPI) ahead of a public disclosure.

rule / inferenceA Form 4 / 144 transaction timed near a material 8-K or 10-Q disclosure.
SEC filings Form 4Form 3Form 51448-K10-Q
heuristicsform_144_outlier
Pump-and-Dump observation

Coordinated promotion of a thinly-traded microcap issuer to inflate price, followed by insider sell-off at the top.

rule / inferenceS-8-to-consultant issuance + float spike + insider Form 4 sells near a promotional 8-K; shell-reactivation / reverse-merger chain (8-K 5.06 → 2.01 → 5.03).
SEC filings S-8S-1424B8-KForm 4SC 13D/GForm 1015-12G
heuristicspenny_stock_s1_s8 · form_144_outlier · reverse_merger_chain · shell_reactivation · name_recycling
Market Manipulation observation

Spoofing, matched orders, or marking-the-close to move a security’s price.

rule / inferenceAccumulation / position changes clustered around the manipulation window.
SEC filings SC 13D/G13F
Ponzi form-presence

New-investor funds used to pay prior investors; typically an unregistered fund offering.

rule / inferenceForm D, or no registration at all, for an entity raising pooled investor funds.
SEC filings Form D
heuristicsreg_s_issuance · promissory_clauses · form_d_only_issuer
Accounting / Disclosure Fraud regex

Restatements, non-reliance announcements, auditor changes, and late filings that signal misstated financials.

rule / inferenceRestatement / non-reliance (8-K Item 4.02), auditor change (Item 4.01), or late-filing NT.
SEC filings 10-K10-Q8-K (4.02)8-K (4.01)NT 10-KNT 10-Q
heuristicslate_filer_cluster

What to look for in SEC filings

EDGAR form fingerprints across the associated schemes:

8-K10-K10-QForm 4Form 3Form 5144S-8S-1424BSC 13D/GForm 1015-12G13FForm D8-K (4.02)8-K (4.01)NT 10-KNT 10-Q
sec_staff_actionSEC staff-action footprint (trading suspension, delinquency, revocation).
form_144_outlierForm 144 insider-sale volume outlier near a material disclosure.
penny_stock_s1_s8S-1 followed by S-8 consultant issuance on a sub-$5 microcap.
reverse_merger_chainReverse-merger 8-K chain (Item 5.06 → 2.01 → 5.03) into a shell.
shell_reactivationA dormant shell resumes filing shortly before an offering.
name_recyclingReuse of a corporate name / ticker across reactivated shells (name churn).
reg_s_issuanceRegulation S (offshore) issuance used to evade registration.
promissory_clausesPromissory-note / guaranteed-return language in offering material.
form_d_only_issuerEntity raises capital via Form D only, with no registration.
late_filer_clusterCluster of NT / late periodic filings around the conduct window.

Documents citing this statute 3,690

SEC Charges 21 Individuals with Alleged Wide-Reaching Insider Trading Scheme press_release insider-trading District of Massachusetts 2026-05-06SEC v. NICOLO NOURAFCHAN complaint insider-trading District of Massachusetts 2026-05-06SUMMARY: The Securities and Exchange Commission (“Commission”) is proposing pdf non-corporate 2026-05-05Voyager Pacific Capital Management, LLC; Roger David Hardcastle; John Giarmarco; Vanessa Lung Medlock; and Relief Defendants Adagio SPE LLC; Andante SPE LLC; Brighton Cove LLC; Cayucos Dream, LLC; GSD Equities, LLC; HGM Holdings LLC; Kastlemark LLC; Martin-Taylor Company LLC; Premier Property Management Group, LLC litigation_release ponzi Eastern District of California 2026-04-21SEC v. RAKESH AHUJA complaint insider-trading Southern District of New York 2026-04-21Rakesh Ahuja litigation_release insider-trading Southern District of New York 2026-04-21Securities and Exchange Commission v. Voyager Pacific Capital Management, LLC complaint ponzi Eastern District of California 2026-04-21SEC v. HARSH V. PATEL complaint market-manipulation Southern District of New York 2026-04-20Harsh V. Patel litigation_release market-manipulation Southern District of New York 2026-04-20SEC v. DONALD G. BASILE complaint crypto-securities Eastern District of New York 2026-04-171.From at least November 2018 through May 2024, Defendant Sudheesh Nambiar complaint ponzi Northern District of California 2026-04-17Sudheesh Nambiar litigation_release ponzi Northern District of California 2026-04-17Donald G. Basile, GIBF GP, Inc, and Monsoon Blockchain Corporation litigation_release crypto-securities Eastern District of New York 2026-04-17Amended Judgment Against Spartan Trading Company LLC judgment broker-dealer-fraud District of Minnesota 2026-04-15SEC v. PETER R. QUARTARARO complaint pre-ipo-fraud Eastern District of New York 2026-04-15Spartan Trading Company, LLC; Estate of Richard Myre; and Estate of Dale Dahmen litigation_release unregistered-securities District of Minnesota 2026-04-15Peter R. Quartararo litigation_release pre-ipo-fraud Eastern District of New York 2026-04-15FINAL JUDGMENT AS TO DEFENDANT CHRISTOPHER JOSEPH BONGIORNO judgment broker-dealer-fraud Northern District of Ohio 2026-04-10SEC v. CHRISTOPHER BONGIORNO judgment broker-dealer-fraud Northern District of Ohio 2026-04-10Christopher Joseph Bongiorno and Jason Allan Arthur litigation_release broker-dealer-fraud Northern District of Ohio 2026-04-10SEC v. JAY SCOTT KIRK LEE complaint market-manipulation Southern District of New York 2026-04-09SEC v. JAY SCOTT KIRK LEE judgment unregistered-securities District of Massachusetts 2026-04-09Geoffrey Allen Wall litigation_release pump-and-dump District of Massachusetts 2026-04-09SEC v. JAY SCOTT KIRK LEE complaint market-manipulation Southern District of New York 2026-04-09Gianoplus Consortia LLC; Michael Peter Gianoplus; Traci Leigh Bransford-Marquis litigation_release pump-and-dump Middle District of Florida 2026-04-08SEC v. GIANOPLUS CONSORTIA LLC a/k/a complaint ponzi Middle District of Florida 2026-04-08Mark D. Anderson; BBFY USA, Inc.; and Captain Drake, LLC litigation_release pre-ipo-fraud District of Minnesota 2026-04-08MARK D. ANDERSON, BBFY USA, INC., and, : complaint financial-fraud District of Minnesota 2026-04-08SEC Announces Enforcement Results for Fiscal Year 2025 press_release unclassified Southern District of New York 2026-04-07DUNCAN C. SIMPSON LAGOY (Cal. Bar No. 298776) complaint broker-dealer-fraud District of Oregon 2026-04-06Jeffrey Higgins litigation_release investment-adviser-fraud District of Oregon 2026-04-06Vincent J. Camarda, James E. McArthur, and A.G. Morgan Financial Advisors, LLC litigation_release broker-dealer-fraud Eastern District of New York 2026-04-03SEC v. VINCENT J. CAMARDA complaint investment-adviser-fraud Eastern District of New York 2026-04-03Michael Smith and Douglas Joshua Dalton litigation_release insider-trading District of Idaho 2026-04-01SEC v. MICHAEL A. SMITH and complaint insider-trading District of Idaho 2026-04-01Plaintiff, United States Securities and Exchange Commission (“Commission”), alleges as complaint market-manipulation District of Colorado 2026-03-31Jon G. Fullenkamp and Scott R. Sand litigation_release pump-and-dump District of New Jersey 2026-03-31against defendants Jon G. Fullenkamp (“Fullenkamp”), whose last known address is 13160 Teal complaint broker-dealer-fraud District of New Jersey 2026-03-31SEC v. RONALD SMITH complaint insider-trading Southern District of New York 2026-03-30Ronald Smith litigation_release insider-trading Southern District of New York 2026-03-30

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DB FS