Market manipulation is the intentional alteration of the supply of, or demand for, a security or commodity in order to influence its price, typically through spreading misleading information, executing trades meant to mislead other participants, or manipulating quoted prices. It is prohibited under securities law in most major economies, including the United States, the European Union, Australia, and India, and applies to wholesale energy and natural gas markets as well as securities markets.
Facts
Notable ExampleHunt brothers' attempt to corner the silver market, late 1970s and early 1980s 1 Jurisdiction VariationProhibited in the US under Section 9(a)(2) of the Securities Exchange Act of 1934, in the EU under Article 12 of the Market Abuse Regulation, in Australia under Section 1041A of the Corporations Act 2001 1 Classification
Offense GradeSerious or Indictable Offense 1 Connections
Has Offense Grade
Entity-backed identity for the offense-grade enum value this offense already carries, resolved to a crime concept by an explicit value-to-entity map (phase 3 bucket conversion, docs\design_entity_backed_browse_buckets_20260928.md). The offense-grade fact itself stays on the offense unchanged.
In the Other Atlases
- Also in Geography Atlas: Australia, found in there.
Sources
1. Market Manipulation (Wikipedia)
Wikipediaen.wikipedia.org/wiki/Market_manipulation, lead paragraph
This can involve spreading misleading information, executing misleading trades, or manipulating quotes and prices.
Examples section, Hunt brothers silver
The brothers Nelson Bunker and William Herbert Hunt attempted to corner the world silver markets in the late 1970s and early 1980s, at one stage holding the rights to more than half of the world's deliverable silver.
Legal status by jurisdiction section
Market manipulation is prohibited in most countries, in particular, it is prohibited in the United States under Section 9(a)(2) of the Securities Exchange Act of 1934, in the European Union under Article 12 of the Market Abuse Regulation, in Australia under Section 1041A of the Corporations Act 2001, and in Israel under Section 54(a) of the securities act of 1968.
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