Violation Tracker Individual Record

Company: 
Amaranth Advisors, L.L.C. and Amaranth Advisors (Calgary) ULC
Penalty: 
$7,500,000
Year: 
2009
Date: 
August 12, 2009
Offense Group: 
competition-related offenses
Primary Offense: 
energy market manipulation
Violation Description: 

The U.S. Commodity Futures Trading Commission announced that it entered into a consent order settling charges brought against Amaranth Advisors, L.L.C., based in Greenwich, Connecticut, and its Amaranth Advisors (Calgary) ULC subsidiary, based in Calgary, Alberta for attempting to manipulate the price of natural gas futures contracts on the New York Mercantile Exchange (NYMEX) on February 24 and April 26, 2006.

Level of Government: 
federal
Action Type: 
agency action
Agency: 
Commodity Futures Trading Commission
Civil or Criminal Case: 
civil
Source Notes: 
If an online information source is not working, check the Violation Tracker Data Sources page for an updated link.
Parent company note: 
Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.