Showing posts with label FTC. Show all posts
Showing posts with label FTC. Show all posts

Tuesday, July 24, 2007

Former Amaranth head energy trader sues FERC

(Reuters) - FERC informed Hunter on July 20 that it intended to bring
an enforcement action against him for "alleged manipulation of
settlement prices of natural gas futures," according the suit.




But Hunter said in the suit that FERC has jurisdiction only
in regulating the physical wholesale energy markets, not the
futures markets, which is the jurisdiction of the Commodity
Futures Trading Commission, or CFTC.


Read more at Reuters.com Mergers News

Thursday, May 31, 2007

Appeals court denies bid to block Western-Giant link

(Reuters) - The ruling, issued by the U.S. Court of Appeals for the Tenth Circuit, could allow Western to close the deal for Giant as early as Thursday, although the court said it would hear arguments in September on whether to overturn a lower court's ruling not to block the buyout.




The FTC will proceed with the appeal to try to block the deal, but the companies were now free to complete the link-up, a spokesman said.


Read more at Reuters.com Government Filings News

Friday, May 18, 2007