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Williams Settles Natural Gas Case

From Reuters

The Commodity Futures Trading Commission said Williams Cos. would pay $20 million to settle charges that it attempted to manipulate natural gas prices.

The settlement covers Williams’ natural gas trading from January 2000 through June 2002, the commission said.

The agreement settles charges of attempted manipulation and false reporting of natural gas trades to index publishers by Williams and its marketing and trading arm, the trading commission said.

From Reuters

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