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CFTC and FERC are at odds on a trader's punishment
The Commodity Futures Trading Commission and the Federal Energy Regulatory Commission are fighting a turf battle over who has the right to punish Brian Hunter of Amaranth Advisors. The CFTC and Hunter both say FERC overstepped its bounds in issuing a $30 million fine related to gas-futures bets. The CFTC has paused its own investigation of Hunter to join his defense against FERC.
Reuters (2/6), Bloomberg (tiered subscription model) (2/7)
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