Glencore says CFTC is investigating company over 'corrupt practices in connection with commodities' [MarketWatch]
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Source: MarketWatch
Glencore says CFTC is investigating company over 'corrupt practices in connection with commodities' Commodity trading company Glencore GLEN, -3.77% said it's being investigated by the Commodity Futures Trading Commission over "corrupt practices in connection with commodities." The statement from the company said the CFTC investigation is at an early stage and similar in scope to a Justice Department probe the company has previously disclosed. Glencore's DOJ probe covers its business in Nigeria, the Democratic Republic of Congo and Venezuela since 2007. Have breaking news sent to your inbox. Subscribe to MarketWatch's free Bulletin emails. Sign up here.
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