I'll get this one in before AtW posts a long extract from the Grauian or sumfink.
Washington, DC — The U.S. Commodity Futures Trading Commission (CFTC) today announced the filing and simultaneous settlement of charges against ConAgra Trade Group, Inc. (CTG) for causing a non-bona fide price to be reported in the New York Mercantile Exchange, Inc. (NYMEX) crude oil futures contract on January 2, 2008.
The CFTC order imposes a $12 million civil monetary penalty on CTG. The order also requires CTG to cease and desist from further violations and to take certain steps to improve its compliance and ethics program.
Sminki
Washington, DC — The U.S. Commodity Futures Trading Commission (CFTC) today announced the filing and simultaneous settlement of charges against ConAgra Trade Group, Inc. (CTG) for causing a non-bona fide price to be reported in the New York Mercantile Exchange, Inc. (NYMEX) crude oil futures contract on January 2, 2008.
The CFTC order imposes a $12 million civil monetary penalty on CTG. The order also requires CTG to cease and desist from further violations and to take certain steps to improve its compliance and ethics program.
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