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September 21, 2026 at 08:39 AM UTC

CFTC court order imposes more than $6 million in sanctions in options-fraud case

A federal court entered an order against Michael Frederick Staryk in a CFTC enforcement case. The order included $547,616 in restitution and a $5,907,720 civil monetary penalty. The order also imposed trading and registration restrictions.

Official source: U.S. Commodity Futures Trading Commission

Official source published: September 15, 2026 at 02:11 PM UTC

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CFTC court order imposes more than $6 million in sanctions in options-fraud case | Nelo Trade