CFTC v. TOTSA TotalEnergies Trading SA: $48M Fine (‘Market Manipulation’)

Administrative Order by the U.S. Commodity Futures Trading Commission imposing a fine of $48 million on TOTSA TotalEnergies Trading SA, formerly known as TOTSA Total Oil Trading SA, of Switzerland, for allegedly attempting to manipulate the market for futures contracts linked to EBOB, which was described as “a type of refined gasoline used primarily in automobiles in Europe”.

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Pages: 11

Date: August 27, 2024

Defendant(s)/Respondent(s): TOTSA TotalEnergies Trading SA

Plaintiff(s)/Applicant(s): Commodity Futures Trading Commission

Case Number: Xx Xx Xx

Topic: Investment, Regulatory

Allegation: Fraud

Topics

Keywords

TOTSA Total Oil Trading TOTSA TotalEnergies Trading

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