# Federal Court in Illinois Orders Michael Peskin to Pay More Than $480,000 and Imposes Other Sanctions to Settle Charges that Peskin Violated A Permanent Trading Ban

> CFTC release 6652-13 · 2013-07-26 · **Settlement** · ENFORCEMENT

## Key facts

- **Release number:** 6652-13
- **Release date:** 2013-07-26
- **Type:** Settlement
- **Title:** Federal Court in Illinois Orders Michael Peskin to Pay More Than $480,000 and Imposes Other Sanctions to Settle Charges that Peskin Violated A Permanent Trading Ban
- **Primary source:** https://www.cftc.gov/PressRoom/PressReleases/6652-13

## 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 6652-13, "Federal Court in Illinois Orders Michael Peskin to Pay More Than $480,000 and Imposes Other Sanctions to Settle Charges that Peskin Violated A Permanent Trading Ban", 2013-07-26. Retrieved via AI Analytics 2026-07-10 from https://api.ai-analytics.org/cftc-action/6652-13.

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