October 21, 2025
A onetime FBI informant and his shuttered, unregistered broker-dealer owe over $19 million total in disgorgement, prejudgment interest and civil penalties after the U.S. Securities and Exchange Commission recalculated its interest requests, a Miami federal judge has determined.
September 18, 2025
A onetime FBI informant and his shuttered, unregistered broker-dealer owe the U.S. Securities and Exchange Commission monetary obligations of over $15.5 million before interest, a Miami federal judge has determined, though the defendant's attorneys said Thursday he plans to appeal.
July 22, 2025
A U.S. magistrate judge has recommended that former government informant Guy Gentile pay $15.5 million to the U.S. Securities and Exchange Commission for failing to register his Bahamas-based brokerage firm with the regulator.
June 14, 2024
The U.S. Securities and Exchange Commission opened its case Friday against high-frequency trading expert — and former government informant — Guy Gentile, telling jurors in Florida federal court that he set up a broker-dealer in the Bahamas specifically to evade U.S. day trading regulations designed to protect American investors.
September 02, 2022
A Florida federal judge Friday denied a Bahamian broker-dealer's bid to dismiss his company from a civil case alleging he skirted U.S. day trading regulations, saying he has no standing to make the request because the business already defaulted in court.
August 01, 2022
A Florida magistrate judge said Monday she did not see enough evidence to warrant sanctioning the U.S. Securities and Exchange Commission over discovery violations alleged by a former government informant who is accused of running a Bahamas-based broker-dealer designed to evade U.S. day trading regulations.
December 02, 2021
A former government informant has told a Florida federal court it lacks jurisdiction over claims from the U.S. Securities and Exchange Commission that he ran a Bahamas-based broker-dealer designed to evade U.S. day trading regulations, claiming he was not involved with the business while living in the Sunshine State.
March 22, 2021
The U.S. Securities and Exchange Commission sued investor and former government informant Guy Gentile on Monday, alleging the man who once flirted with changing his license plate to "F—YOUDOJ" had intentionally designed securities day trading platform SureTrader to illegally circumvent trading regulations.