Amaranth, Ferc Staff Agree To Settle Gas Manipulation Case

摘要

Amaranth Advisors LLC and Federal Energy Regulatory Commission staff have agreed to settle the agency's enforcement case against the collapsed hedge fund and two of its traders over alleged natural gas market manipulation, FERC announced Tuesday in an order suspending the agency's administrative proceedings in the case.rnIn the order, which revealed the two sides agreed to a settlement November 24, FERC Chief Administrative Law Judge Carmen Cin-tron did not disclose any of the settlement's terms.rnA FERC spokesperson said Wednesday she could provide no details on the settlement and had no other comment on the matter.rnIf approved by the full commission, the settlement "will resolve all claims against" Amaranth and former gas traders Brian Hunter and Matthew Donohoe, Cintron said.