Two federal agencies in Washington are tangled in a turf war over the regulation of commodity futures markets, quarreling over the authority to enforce rules against the trader at the center of the collapse of the hedge fund Amaranth in 2006.
The U.S. Commodity Futures Trading Commission sued Amaranth’s head energy trader, Brian Hunter, in federal district court in New York in 2007 alleging he attempted to manipulate the price of natural gas futures. The Federal Energy Regulatory Commission simultaneously brought an administrative action against Hunter, claiming that his trades affected prices in the physical natural-gas market.
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
Not a Lexis Subscriber?
Subscribe Now
Not a Bloomberg Law Subscriber?
Subscribe Now
LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.
For questions call 1-877-256-2472 or contact us at [email protected]