“Responding To Fraud Charges Based On Trade Data Analytics,” Law360

In this article, Partners Anthony S. Barkow and Charles D. Riely explain how the US Securities and Exchange Commission uses data analytics to identify suspicious trading patterns. The authors examine SEC v. Wygovsky in their analysis of how to evaluate a case based primarily on trading evidence and how these principles may apply in the case against Sean Wygovsky, a trader for a large Canadian hedge fund manager that was arrested on securities fraud and wire fraud charges.

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© 2026 Jenner & Block LLP. Attorney Advertising. Jenner & Block LLP is an Illinois Limited Liability Partnership including professional corporations. This publication, presentation, or event is not intended to provide legal advice but to provide information on legal matters and/or firm news of interest to our clients and colleagues. Readers or attendees should seek specific legal advice before taking any action with respect to matters mentioned in this publication or at this event. The attorney responsible for this communication is Brent E. Kidwell, Jenner & Block LLP, 353 N. Clark Street, Chicago, IL 60654-3456. Prior results do not guarantee a similar outcome. Jenner & Block London LLP, an affiliate of Jenner & Block LLP, is a limited liability partnership established under the laws of the State of Delaware, USA and is authorised and regulated by the Solicitors Regulation Authority with SRA number 615729. Information regarding the data we collect and the rights you have over your data can be found in our Privacy Notice. For further inquiries, please contact dataprotection@jenner.com.

“Responding To Fraud Charges Based On Trade Data Analytics,” Law360

In this article, Partners Anthony S. Barkow and Charles D. Riely explain how the US Securities and Exchange Commission uses data analytics to identify suspicious trading patterns. The authors examine SEC v. Wygovsky in their analysis of how to evaluate a case based primarily on trading evidence and how these principles may apply in the case against Sean Wygovsky, a trader for a large Canadian hedge fund manager that was arrested on securities fraud and wire fraud charges.

Related Capabilities

Related Locations

© 2026 Jenner & Block LLP. Attorney Advertising. Jenner & Block LLP is an Illinois Limited Liability Partnership including professional corporations. This publication, presentation, or event is not intended to provide legal advice but to provide information on legal matters and/or firm news of interest to our clients and colleagues. Readers or attendees should seek specific legal advice before taking any action with respect to matters mentioned in this publication or at this event. The attorney responsible for this communication is Brent E. Kidwell, Jenner & Block LLP, 353 N. Clark Street, Chicago, IL 60654-3456. Prior results do not guarantee a similar outcome. Jenner & Block London LLP, an affiliate of Jenner & Block LLP, is a limited liability partnership established under the laws of the State of Delaware, USA and is authorised and regulated by the Solicitors Regulation Authority with SRA number 615729. Information regarding the data we collect and the rights you have over your data can be found in our Privacy Notice. For further inquiries, please contact dataprotection@jenner.com.

News and Insights

Recognition

Partner Katie Wynbrandt Named a 2026 Rising Star by The National Law Journal 

Partner Katie Wynbrandt has been named a 2026 DC Rising Star in the appellate category by The National Law Journal at its DC Legal Awards.

October 26, 2026

Recognition

Partner Adam Unikowsky Named 2026 Appellate Attorney of the Year by The National Law Journal

Partner Adam Unikowsky has been named Appellate Attorney of the Year at The National Law Journal’s 2026 DC Legal Awards.  

 

October 23, 2026

Publications

EPA’s Power Plant Rule Adds to a Predictably Volatile Landscape, Bloomberg Law

Partner Amanda Shafer Berman and Meghan Greenfield authored an article for Bloomberg Law on the Environmental Protection Agency’s recent repeal of most Biden-era greenhouse gas standards for power plants and the litigation that followed.

October 21, 2026

Recognition

Lawdragon Names Eight Jenner & Block Partners to 2027 500 Leading Dealmakers in America List

Lawdragon has named eight Jenner & Block partners to its 2027 500 Leading Dealmakers in America guide, which recognizes the lawyers behind the most significant transactions in the United States. The honorees practice in Chicago, Los Angeles, and New York across M&A, corporate, securities, private equity, and finance.

October 19, 2026

Event

Jenner & Block Partner Suedeen Kelly Speaks at ABA Environment, Energy, and Resources Fall Conference

On October 15, Partner Suedeen Kelly spoke on a panel at the American Bar Association (ABA) Section of Environment, Energy, and Resources 34th Fall Conference in Albuquerque, New Mexico.

October 15, 2026

Event

Amanda Shafer Berman to Speak on Energy and Administrative Law at WEN-DC Webinar

As the Supreme Court's new Term begins, Jenner & Block Partner Amanda Shafer Berman will join a Women's Energy Network of Washington, DC (WEN-DC) webinar on how the Court's decisions are shaping the energy sector.

October 14, 2026