Law360, New York (November 06, 2009) -- A former natural gas trader for the Bank of Montreal has settled with the U.S. Commodity Futures Trading Commission over allegations that he fudged the bank’s natural gas options for years, exaggerating trading profits by several hundred million dollars and reaping outsize bonuses.
Judge George B. Daniels of the U.S. District Court for the Southern District of New York signed off Wednesday on the consent judgment, imposing a $500,000 fine on David P....
