CFTC-PR-8953-24 (Aug. 27, 2024)
CFTC Orders Swiss Energy Trader to Pay $48 Million for Attempted Market Manipulation – TOTSA Attempted to Manipulate the Market for EBOB-Linked Futures Contracts
Washington, D.C. — The Commodity Futures Trading Commission today issued an order filing and simultaneously settling charges against TOTSA TotalEnergies Trading SA, formerly known as TOTSA Total Oil Trading SA (TOTSA), for attempting to manipulate the market for EBOB-linked futures contracts in order to benefit its derivatives positions in violation of the Commodity Exchange Act (CEA) and CFTC regulations. TOTSA is not registered with the CFTC.
Date: Aug. 27, 2024
Accessed: Aug. 27, 2024
Source URL: https://www.cftc.gov/PressRoom/PressReleases/8953-24
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