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0 0 -0.000207425845260278 -0.000207425845260278 0.00466708151835722 0.00383737813731596 0.00477079444098743 0.00145198091682224
Stock impact report

Trafigura to Pay $55 Million to CFTC to Settle Manipulation Case [BNN Bloomberg (Canada)]

Cabot Corporation (CBT) 
Last cabot corporation earnings: 2/3 04:16 pm Check Earnings Report
US:NYSE Investor Relations: cabotog.com/investors
Company Research Source: BNN Bloomberg
The Commodity Futures Trading Commission said Monday that Trafigura improperly got nonpublic information related to the gasoline market from a Mexican trading firm between 2014 and 2019. The company in February 2017 also manipulated a fuel oil benchmark to benefit its derivatives positions, according to the CFTC. The CFTC said it was the agency's first enforcement action against a company for allegedly interfering in communications with whistleblowers. Trafigura didn't admit to or deny the regulators allegations in agreeing to settle the case. “Since the period in question, Trafigura has voluntarily undertaken significant steps to enhance its compliance” program, the company said in a statement. --With assistance from Jack Farchy and Liezel Hill. ©2024 Bloomberg L.P. Top Picks Top Stories Vanguard says Fed's caution will hold back Canada on rate cuts Corus replaces CEO after losing key content rights to Rogers Canada blocks Chinese rare earths deal in Trudeau-led cr Show less Read more
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