iBankCoin
Joined Nov 11, 2007
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CFTC to market manipulators: We’re gonna get you

(Reuters) – The day after bringing its biggest case of oil market manipulation ever, a U.S. regulator warned those trying to rig the commodities markets that they will be hunted down.

“We’re watching and we’ll come and get you,” warned Bart Chilton, a commissioner for the U.S. Commodity Futures Trading Commission.

Chilton’s comments came after Arcadia, one of two firms sued on Tuesday for allegedly reaping $50 million by illegally manipulating oil markets in 2008, pledged to fight the CFTC.

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