SEC v. Ryan Squillante — U.S. Securities and Exchange Commission Litigation Release No. 26478, dated February 5, 2026.
Ryan Squillante, a Connecticut resident, has been ordered to pay over $240,000 in disgorgement and interest for insider trading. He used confidential information from his job at an investment firm to trade securities of at least ten companies, making illegal profits. The court has permanently barred him from future violations of securities laws.
Imagine someone works at a company that handles important, secret information about other companies. This person used that secret information to buy and sell stocks of those other companies before the public knew what was happening. This is like knowing a surprise party is happening before anyone else and using that to your advantage. The government found out and stopped them, making them pay back all the money they made unfairly and also pay extra.
Disclaimer: all facts are drawn from the SEC's own filings; the claims described are allegations unless and until a court rules or the parties settle, and some cases end in dismissal.
On January 29, 2026, the U.S. District Court for the District of Connecticut entered a final judgment by consent against Ryan Squillante. The judgment permanently enjoins Squillante from violating Section 10(b) of the Securities Exchange Act of 1934 and Rule 10b-5 thereunder. Squillante was ordered liable for disgorgement of $216,965 and prejudgment interest of $33,800, which were deemed satisfied by the criminal fine imposed in the parallel criminal case, United States v. Squillante, Crim. No. 3:25-cr-106 (D. Conn.). The SEC's complaint was filed on September 5, 2025.
Named in this action: Ryan Squillante.