The CFTC Has a Very Hard Row to Hoe
May 28, 2011 at 23:37 PM EDT
The CFTC made all the front pages by filing manipulation charges against Parnon Energy, Arcadia Petroleum LTD and Arcadia Energy (Suisse), all affiliates of the trading firm Arcadia. Let me say at the outset that I am in favor of addressing manipulation by ex post actions like those filed by the CFTC, and have long [...]
