# 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

> CFTC release 7020-14 · 2014-10-01 · **Market manipulation** · ENFORCEMENT

## Key facts

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

## 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 7020-14, "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", 2014-10-01. Retrieved via AI Analytics 2026-07-09 from https://api.ai-analytics.org/cftc-action/7020-14.

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