CFTC Settles Enforcement Action in District Court against Daniel Shak for Violation of a CFTC Administrative Order Settlement

CFTC release 7146-15 · 2015-03-31 · view on cftc.gov ↗

Key facts

Release number
7146-15
Release date
2015-03-31
Type
Settlement
Primary source
https://www.cftc.gov/PressRoom/PressReleases/7146-15

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.