# CFTC CHARGES FLORIDA MAN AND HIS COMPANY WITH VIOLATIONS BASED ON OFFER AND SALE OF FOREIGN CURRENCY OPTIONS; William David Seigler, Jr. and Sonoma Trading Corporation Allegedly Solicited Customers to Trade Foreign Currency (Forex) Options Contracts Via the Internet

> CFTC release 5056-05 · 2005-03-15 · **Other enforcement** · ENFORCEMENT

## Key facts

- **Release number:** 5056-05
- **Release date:** 2005-03-15
- **Type:** Other enforcement
- **Title:** CFTC CHARGES FLORIDA MAN AND HIS COMPANY WITH VIOLATIONS BASED ON OFFER AND SALE OF FOREIGN CURRENCY OPTIONS; William David Seigler, Jr. and Sonoma Trading Corporation Allegedly Solicited Customers to Trade Foreign Currency (Forex) Options Contracts Via the Internet
- **Primary source:** https://www.cftc.gov/PressRoom/PressReleases/5056-05

## 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 5056-05, "CFTC CHARGES FLORIDA MAN AND HIS COMPANY WITH VIOLATIONS BASED ON OFFER AND SALE OF FOREIGN CURRENCY OPTIONS; William David Seigler, Jr. and Sonoma Trading Corporation Allegedly Solicited Customers to Trade Foreign Currency (Forex) Options Contracts Via the Internet", 2005-03-15. Retrieved via AI Analytics 2026-07-19 from https://api.ai-analytics.org/cftc-action/5056-05.

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