Moore Capital, one of the world’s most successful hedge funds, and Morgan Stanley were fined on Thursday by US regulators for alleged breaches of rules in the precious metals and oil markets. The fines, totalling $39m, are among the largest ever imposed by the US Commodity Futures Trading Commission, according to the FT. They came amid closer scrutiny of the commodities markets in the US.

This entry was posted by Tracy Alloway on Friday, April 30th, 2010 at 3:13 and is featured in The 6am Cut London (30 Apr 2010), The Lunch Wrap (30 Apr 2010) . Tagged with cftc, Commodity Futures Trading Commission, moore capital, morgan stanley. Edit this entry.