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U.S. agencies fine Amaranth hedge fund $15 million

August 13, 2009 : Permanent Link

Reuters UK – Amaranth Advisors, the largest collapsed hedge fund in history, has been ordered to pay $15 million in civil fines for attempting to manipulate natural gas markets, federal agencies said on Wednesday.

The Commodity Futures Trading Commission said it settled charges against Amaranth and the fund has been ordered to pay a $7.5 million civil fine.

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