{"id":28736,"date":"2012-04-27T07:14:11","date_gmt":"2012-04-27T11:14:11","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=28736"},"modified":"2012-04-27T07:14:11","modified_gmt":"2012-04-27T11:14:11","slug":"judge-wont-dismiss-u-s-cftc-oil-manipulation-case","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/04\/2012\/judge-wont-dismiss-u-s-cftc-oil-manipulation-case.html","title":{"rendered":"Judge Won&#8217;t Dismiss U.S. CFTC Oil Manipulation Case"},"content":{"rendered":"<p>Reuters \u2014 A U.S. judge denied a motion to dismiss the U.S. Commodity Futures Trading Commission&#8217;s lawsuit against Arcadia Petroleum and Parnon Energy on Thursday [April 26], saying the regulator had &#8220;plausibly alleged&#8221; the traders manipulated oil prices in 2008.<\/p>\n<p>The move confirms one the largest ever oil manipulation cases will go ahead, after it was first brought by the CFTC last May. Swiss-based Arcadia and Oklahoma-based Parnon are accused of trying to fix the physical crude oil market to benefit their financial trading positions.<\/p>\n<p><a href=\"http:\/\/www.hedgeworld.com\/open_news\/read_newsletter_aa.cgi?section=dail&amp;story=dail20543.html\" target=\"_blank\"><strong>Read Complete Article<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Reuters \u2014 A U.S. judge denied a motion to dismiss the U.S. Commodity Futures Trading Commission&#8217;s lawsuit against Arcadia Petroleum and Parnon Energy on Thursday [April 26], saying the regulator had &#8220;plausibly alleged&#8221; the traders manipulated oil prices in 2008. [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-28736","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/28736","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=28736"}],"version-history":[{"count":2,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/28736\/revisions"}],"predecessor-version":[{"id":28738,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/28736\/revisions\/28738"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=28736"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=28736"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=28736"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}