SEC v. Anthony Viggiano, No. LR-26417, Southern District of New York (Nov. 18, 2025) — Press Release

U.S. SECURITIES AND EXCHANGE COMMISSION Litigation Release No. 26417 / November 18, 2025 Securities and Exchange Commission v. Anthony Viggiano, et al., No. 1:23-cv-08542 (S.D.N.Y. filed Sept. 28, 2023) SEC Obtains Final Judgment and Imposes Industry Bars Against Former Financial Industry Analyst Charged with Insider Trading On October 2, 2025, the U.S. District Court for the Southern District of New York entered a final consent judgment against defendant Anthony Viggiano, whom the SEC previously charged with insider trading. On November 17, 2025, the SEC issued orders barring Viggiano from working in the securities industry. The SEC’s complaint, filed on September 28, 2023, alleged that Viggiano, while working at two financial institutions, learned about impending merger and acquisition transactions and strategic partnerships before they were publicly announced. Viggiano allegedly tipped two of his close friends about the upcoming deals, and they bought and sold securities based on that information. The complaint also alleged that one of the friends tipped other individuals who also traded on the material nonpublic information originating from Viggiano. In the district court action, Viggiano consented to the entry of the final judgment permanently enjoining him from violating Sections 10(b) and 14(e) of the Securities Exchange Act of 1934, and Rules 10b-5 and 14e-3 thereunder. The final judgment also ordered disgorgement of $35,000, which is deemed satisfied by the order of forfeiture entered in the parallel criminal case, United States v. Viggiano, Crim. No. 23-00497-VEC (S.D.N.Y.). Viggiano also agreed to settle administrative proceedings instituted by the SEC. Under the terms of those settlements, Viggiano is barred from association with any broker, dealer, investment adviser, municipal securities dealer, municipal advisor, transfer agent, or nationally recognized statistical rating organization; barred from participating in any offering of a penny stock; and suspended from appearing or practicing before the SEC as an accountant under Rule 102(e)(3) of the Commission’s Rules of Practice, all with the right to apply for reentry or reinstatement after 10 years. The case originated from the SEC's Market Abuse Unit's Analysis and Detection Center, which uses data analysis tools to detect suspicious trading patterns. The SEC’s litigation was conducted by Rachel Yeates and supervised by Gregory Kasper and Nicholas Heinke of the SEC’s Denver Regional Office. The SEC’s investigation was conducted by Market Abuse Unit staff members Jeffrey Oraker and John Rymas, and was supervised by Danielle Voorhees and Joseph Sansone, Chief of the Market Abuse Unit.

U.S. SECURITIES AND EXCHANGE COMMISSION Litigation Release No. 26417 / November 18, 2025 Securities and Exchange Commission v. Anthony Viggiano, et al., No. 1:23-cv-08542 (S.D.N.Y. filed Sept. 28, 2023) SEC Obtains Final Judgment and Imposes Industry Bars Against Former Financial Industry Analyst Charged with Insider Trading On October 2, 2025, the U.S. District Court for the Southern District of New York entered a final consent judgment against defendant Anthony Viggiano, whom the SEC previously charged with insider trading. On November 17, 2025, the SEC issued orders barring Viggiano from working in the securities industry. The SEC’s complaint, filed on September 28, 2023, alleged that Viggiano, while working at two financial institutions, learned about impending merger and acquisition transactions and strategic partnerships before they were publicly announced. Viggiano allegedly tipped two of his close friends about the upcoming deals, and they bought and sold securities based on that information. The complaint also alleged that one of the friends tipped other individuals who also traded on the material nonpublic information originating from Viggiano. In the district court action, Viggiano consented to the entry of the final judgment permanently enjoining him from violating Sections 10(b) and 14(e) of the Securities Exchange Act of 1934, and Rules 10b-5 and 14e-3 thereunder. The final judgment also ordered disgorgement of $35,000, which is deemed satisfied by the order of forfeiture entered in the parallel criminal case, United States v. Viggiano, Crim. No. 23-00497-VEC (S.D.N.Y.). Viggiano also agreed to settle administrative proceedings instituted by the SEC. Under the terms of those settlements, Viggiano is barred from association with any broker, dealer, investment adviser, municipal securities dealer, municipal advisor, transfer agent, or nationally recognized statistical rating organization; barred from participating in any offering of a penny stock; and suspended from appearing or practicing before the SEC as an accountant under Rule 102(e)(3) of the Commission’s Rules of Practice, all with the right to apply for reentry or reinstatement after 10 years. The case originated from the SEC's Market Abuse Unit's Analysis and Detection Center, which uses data analysis tools to detect suspicious trading patterns. The SEC’s litigation was conducted by Rachel Yeates and supervised by Gregory Kasper and Nicholas Heinke of the SEC’s Denver Regional Office. The SEC’s investigation was conducted by Market Abuse Unit staff members Jeffrey Oraker and John Rymas, and was supervised by Danielle Voorhees and Joseph Sansone, Chief of the Market Abuse Unit.