# CFTC FINDS THAT NYMEX FLOOR BROKER, IZMIR MEHMEDOVIC OF GLENDALE, NEW YORK, DEFRAUDED CUSTOMER

> CFTC release 4980-04 · 2004-08-26 · **Other enforcement** · ENFORCEMENT

## Key facts

- **Release number:** 4980-04
- **Release date:** 2004-08-26
- **Type:** Other enforcement
- **Title:** CFTC FINDS THAT NYMEX FLOOR BROKER, IZMIR MEHMEDOVIC OF GLENDALE, NEW YORK, DEFRAUDED CUSTOMER
- **Primary source:** https://www.cftc.gov/PressRoom/PressReleases/4980-04

## What this is

CFTC enforcement actions cover derivatives + commodities + crypto fraud cases. The Commission charges market participants under the Commodity Exchange Act for spoofing, manipulation, fraud, wash trades, registration violations, and pool-operator misconduct. Most actions settle with restitution + civil money penalty + a bar/suspension.


## Citation

> US Commodity Futures Trading Commission, press release 4980-04, "CFTC FINDS THAT NYMEX FLOOR BROKER, IZMIR MEHMEDOVIC OF GLENDALE, NEW YORK, DEFRAUDED CUSTOMER", 2004-08-26. Retrieved via AI Analytics 2026-07-18 from https://api.ai-analytics.org/cftc-action/4980-04.

---

*[CFTC actions dataset](/datasets/cftc-actions) · CC0 1.0*