Trafigura agrees to pay $55 million to settle CFTC charges
-A unit of global commodities trader Trafigura has agreed to pay a $55-million civil fine to settle U.S. Commodity Futures Trading Commission charges of fraud, manipulation and impeding whistleblower communications.
The agreements with employees illegally impeded them from voluntarily communication with the CFTC's enforcement staff during their investigation. The charge marked the first time the CFTC has brought an action against a firm for impeding whistleblower communications, the regulator said. From 2014-2019, Trafigura traded gasoline while possessing material nonpublic information it knew or should have known was misappropriated from a Mexican trading firm, regulators said.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Grab this cheap HP printer while it’s on sale for $55If you don't print a lot and want a basic and cheap printer, this deal will let you snag an HP DeskJet 2855e for just $55.
Read more »
Royal Kitchen's Best-Kept Secret: $55 Royal Crispy Shrimp with ChickenIntrigued by something called Royal Crispy Shrimp with Chicken, we went on a fact-finding mission and are glad we did.
Read more »
On June 5th only, you can save $55 on Amazon’s Fire TV SoundbarFor one day only, the Amazon Fire TV Soundbar beats the all-time low price by a significant margin. Plus, Samsung’s Galaxy Buds FE are matching their lowest price.
Read more »
Elon Musk's $55 billion Tesla pay package seems to be getting mounting pushbackTesla is facing increasing pushback from investors regarding its bid to reinstate Elon Musk's $55 billion pay package.
Read more »
Trafigura faces off with aluminum bulls over huge metal stashNo 1 source of global mining news and opinion
Read more »
Trafigura settles billionaire Reuben brothers’ nickel fraud suitNo 1 source of global mining news and opinion
Read more »