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Energy Law

: Energy Legal Blog

A Divided CFTC Flexes Muscles With $12 Million ConAgra Civil Penalty

By George Fatula

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The Commodity Futures Trading Commission issued an order August 16 approving a settlement resolving allegations that ConAgra Trade Group, Inc. caused a non-bona fide price to be reported for a NYMEX spot month crude oil futures contract in violation of the Commodity Exchange Act (CEA).  The settlement is noteworthy in that (1) it required ConAgra [...]

Full post as published by Energy Legal Blog on August 26, 2010 (boomark / email).

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