Florida Court Enters Orders Imposing Fines and Other Sanctions against Randy Burstein and Nader Yazdani in CFTC Action Charging Commodity Options Fraud Fraud

CFTC release 5679-09 · 2009-07-21 · view on cftc.gov ↗

Key facts

Release number
5679-09
Release date
2009-07-21
Type
Fraud
Primary source
https://www.cftc.gov/PressRoom/PressReleases/5679-09

About CFTC enforcement

The CFTC charges market participants under the Commodity Exchange Act for spoofing, manipulation, fraud, wash trades, registration violations, and commodity-pool-operator misconduct. Most actions settle with restitution + civil money penalty + a bar/suspension. Crypto-asset cases have been a major share since 2019.