| 13.08.2009 Opalesque Exclusive: CFTC vs. Amaranth ends with $7.5m fine, Brian Hunter remains under investigation, ‘does not agree with agencies’ unreasonable demands’ |
| From Kirsten Bischoff, Opalesque New York: The CFTC announced yesterday that a settlement had been reached with Amaranth Advisors whereby the firm would pay a $7.5m fine, down from the CFTC’s original target of $20m, “for attempting to manipulate the price of natural gas futures contracts on the New York Mercantile Exchange (NYMEX) on February 24 and April 26, 2006” (Source). The set |