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Commodities Briefing - Categorized | Regulatory, Trading more

Commodities regulator sues Intrade over trading in U.S.

Posted on 27 November 2012

The Commodity Futures Trading Commission on Monday sued the owner of the prediction market and betting website Intrade, alleging that the company allowed unauthorized trading by U.S. customers.
The civil suit, filed in U.S. District Court in Washington, D.C., said Intrade offered trading to U.S. customers on the future prices of commodities such as gold and crude oil despite a 2005 agreement not to offer trades on those and other items………………………………………..Full Article: Source


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