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This time, it is pointing at the futures markets.
Mr. Wasendorf was a prominent figure in the futures business.
By contrast, the futures exchanges are vertically integrated.
The funds belonged to investors trading in the futures market.
The subpoena from the futures commission came on Nov. 3.
"You saw it in the futures run-up.
Her successor at the futures commission has not been announced.
The deal triggered frenetic trading in the futures market.
So you buy the futures contracts for 5 cents each.
The agency's plan largely tracks a proposal outlined in July by the futures industry's self-regulator, the National Futures Association.
The Saudis didn't arrive at their price by looking to the futures market — but if they get that price, it will certainly affect the futures market.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com