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Friday, March 15, 2013

FERC Lacks Power to Regulate Futures Contracts, Court Rules



... in off-exchange derivatives, regulators said. Amaranth lost $6.6 billion betting on the price of natural gas. The Greenwich, Connecticut-based hedge fund that once controlled half of the gas market collapsed in 2006. In August 2009, the company ...

http://washpost.bloomberg.com/Story?docId=1376-MJPJAY6K511L01-6BRTRQLGN2LDIR562HAM6NJRMU

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