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The U.S. Commodity Futures Trading Commission (CFTC) has ordered TOTSA TotalEnergies Trading, a Swiss energy trading unit of TotalEnergies, to pay a $48 million fine. The penalty comes after allegations that the company attempted to manipulate the market for European benchmark gasoline futures. The CFTC's action is part of its ongoing efforts to ensure market integrity and prevent fraudulent activities in commodity trading.
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US CFTC: TOTSA TotalEnergies Trading to pay $48 mln for attempted market manipulation https://t.co/AD8uJCkUwv https://t.co/kz40e8Gco6
A trading unit of TotalEnergies was fined $48 million by the US CFTC over allegations that the firm attempted to manipulate gasoline markets https://t.co/6WARFv09JL
