The SEC has a habit of going after all sorts of small fry. My favourite is when they went after this moron who made $3100 off call options by performing this elaborate scam to make it seem like Fitbit was being acquired.

The guy is a class A dummkopf since he performed all this easily traceable nonsense for a miserable $3100. But it's still only $3100 hahaha. The only thing the press release is good for is for entertainment.

https://www.sec.gov/news/press-release/2017-107