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CFTC Hits Vitol With First-Of-Its-Kind Position Limits Fine

By Jessica Corso (August 14, 2024, 6:36 PM EDT) -- The U.S. Commodity Futures Trading Commission issued its first-ever fine Wednesday against a trader exceeding position limits by holding the same contract across multiple exchanges, penalizing Swiss energy and commodities company Vitol SA for its positions on cattle and crude oil futures....

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