CFTC charges World Series of Poker player Dan Shak with ‘spoofing’The Commodity Futures Trading Commission has charged Daniel Shak with spoofing and engaging in a manipulative and deceptive scheme in the gold and silver futures markets. Daniel Shak is a hedge fund manager mostly known for his participation in the World Series of Poker. He established SHK Asset Management, a hedge fund focused on gold futures. He also settled a claim against him in March 2015 related to trading during the closing minute of gold and silver futures markets. In December 2020, following a Business Conduct Committee investigation, he was fined $65,000 fine for engaging in disruptive activity in the silver and gold futures markets.