A federal appeals court in Washington, DC, Friday granted the plea of a former natural gas trader for failed hedge fund Amaranth Advisors LLC to overturn an agency order imposing a $30 million penalty for allegedly manipulating natural gas futures.
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Articles from Amaranth
Court: FERC Lacks Jurisdiction in Futures Markets
A federal appeals court in Washington, DC, Friday granted the plea of a former natural gas trader for failed hedge fund Amaranth Advisors LLC to overturn an FERC order imposing a $30 million penalty for allegedly manipulating natural gas futures.
March 18, 2013