# CFTC Orders Shahrokh Nikkhah to Pay a $200,000 Civil Monetary Penalty in Fraudulent Trade Allocation Case

> CFTC release 5137-05 · 2005-11-18 · **Fraud** · ENFORCEMENT

## Key facts

- **Release number:** 5137-05
- **Release date:** 2005-11-18
- **Type:** Fraud
- **Title:** CFTC Orders Shahrokh Nikkhah to Pay a $200,000 Civil Monetary Penalty in Fraudulent Trade Allocation Case
- **Primary source:** https://www.cftc.gov/PressRoom/PressReleases/5137-05

## 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 5137-05, "CFTC Orders Shahrokh Nikkhah to Pay a $200,000 Civil Monetary Penalty in Fraudulent Trade Allocation Case", 2005-11-18. Retrieved via AI Analytics 2026-07-13 from https://api.ai-analytics.org/cftc-action/5137-05.

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