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Energy executives convicted of sending false reports to industry newsletters

  • Fox Rothschild LLP
  • -
  • USA
  • -
  • February 8 2013

Its not often I write about criminal cases but this is one that all executives in the commodities industry need to know about. In Brooks v. United

CFTC sues three firms for manipulation of 2008 crude oil prices

  • Cadwalader Wickersham & Taft LLP
  • -
  • USA
  • -
  • May 25 2011

On May 24, 2011, the U.S. Commodity Futures Trading Commission (CFTC) filed a civil complaint in the United States District Court for the Southern District of New York alleging that three speculators, Parnon Energy Inc. (Parnon) of California, Arcadia Petroleum Ltd

Connecting market manipulation’s dots

  • Bracewell & Giuliani LLP
  • -
  • USA
  • -
  • May 18 2011

FERC recently issued orders in two fully adjudicated cases of alleged market manipulation

FERC issues $30 million penalty for alleged violations of anti-manipulation rule

  • Morgan Lewis & Bockius LLP
  • -
  • USA
  • -
  • April 28 2011

On April 21, 2011, the Federal Energy Regulatory Commission (FERC) issued an Order Affirming Initial Decision and Ordering Payment of Civil Penalty in connection with an Administrative Law Judge’s (ALJ) Initial Decision that a natural gas trader for Amaranth, Brian Hunter, engaged in market manipulation, in violation of Section 4A of the Natural Gas Act (NGA) and Part 1c.1 of FERC’s regulations

FERC finds market manipulation by futures trader

  • McDermott Will & Emery
  • -
  • USA
  • -
  • January 26 2010

FERC's January 22, 2010, decision marks the first time that the commission has found market manipulation by a futures trader