CFTC Files Complaint Charging Daniel Shak of Las Vegas with Violating a CFTC Order Settling Charges of Attempted Manipulation of NYMEX Crude Oil Futures Contracts Market manipulation

CFTC release 7020-14 · 2014-10-01 · view on cftc.gov ↗

Key facts

Release number: 7020-14
Release date: 2014-10-01
Type: Market manipulation
Primary source: https://www.cftc.gov/PressRoom/PressReleases/7020-14

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.