Tag Archives: commodity futures trading


Oil Falls for Second Day on Doubts Over Pace of Demand Recovery

Hedge fund managers and other large speculators increased their net long position in New York crude oil futures in the week to Sept. 8, according to U.S. Commodity Futures Trading Commission data. Speculative long positions, or bets prices will rise, […]

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

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 […]

30-Something Hedge Fund Billionaire Urges Energy Market Reform

The Business Insider – We’re eagerly awaiting the testimony of energy fund billionaire John Arnold before the Commodity Futures Trading Commission today, and not just for the obvious reasons. Former Enron trader Arnold presumably became the second-youngest self-made billionaire in […]

Hyland Says ‘Gibberish’ to Cite Fund for Price Rise

Bloomberg – John Hyland, chief investment officer for the world’s largest exchange-traded fund in natural gas, said assertions that his company helped drive up energy prices were ”self-serving statistical gibberish.” ”Any time someone tells you that common sense tells you […]

U.S. regulator to identify hedge fund bets in commods

Reuters – The regulator of U.S. commodity markets said on Tuesday his agency’s weekly Commitments of Traders report will be revamped to include hedge fund positions for better transparency. "Enhancing the quality of information in these weekly reports will better […]

Chicago Hedge Fund Manager Indicted

New York Times – The managing director of a collapsed Chicago hedge fund, Lake Shore Asset Management, was indicted by a federal grand jury. Prosecutors say the director, Philip J. Baker, operated a $300 million fraud. The 27-count indictment was […]

Texas Hedge Fund Manager Bilks $10.9 Million From 250 Investors

New York (HedgeCo.Net) – Hedge fund manager Ray M. White and his company, CRW Management, LP, have been charged today by the Commodity Futures Trading Commission of swindling at least $10.9 million from over 250 investors through an alleged Ponzi […]

Red Flags, New Evidence May Help Convict Deaf Ponzi Schemer

New York (HedgeCo.Net) – Marvin Cooper, who allegedly swindled deaf investors through his money management firm-turned Ponzi scheme, is maintaining his innocence despite new evidence uncovered Monday in federal court.   "Nobody’s been defrauded," Cooper’s attorney, Michael Glenn told the […]

Two New York Money Managers Charged with Futures Fraud

New York (HedgeCo.Net) – Two New York residents were charged yesterday by the Commodity Futures Trading Commission after allegedly misappropriating at least $553 million of client’s funds.  Stephen Walsh of Sands Point, NY and Paul Greenwood of North Salem, NY […]

SEC Nails Ponzi Scheme Aimed at Deaf Community

New York (HedgeCo.Net) – The SEC has located and halted a Ponzi scheme targeted primarily at deaf individuals in the United States and Japan. According to the complaint, Hawaii-based Billion Coupons, Inc. along with its CEOMarvin R. Cooper was able […]

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