# Federal Court in Florida Imposes over $22.8 Million in a Monetary Sanction and Restitution against Floridian David Merrick and His Company, Trader’s International Return Network

> CFTC release 6507-13 · 2013-02-05 · **Other enforcement** · ENFORCEMENT

## Key facts

- **Release number:** 6507-13
- **Release date:** 2013-02-05
- **Type:** Other enforcement
- **Title:** Federal Court in Florida Imposes over $22.8 Million in a Monetary Sanction and Restitution against Floridian David Merrick and His Company, Trader’s International Return Network
- **Primary source:** https://www.cftc.gov/PressRoom/PressReleases/6507-13

## 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 6507-13, "Federal Court in Florida Imposes over $22.8 Million in a Monetary Sanction and Restitution against Floridian David Merrick and His Company, Trader’s International Return Network", 2013-02-05. Retrieved via AI Analytics 2026-07-04 from https://api.ai-analytics.org/cftc-action/6507-13.

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