Over one year after the collapse of Enron, the US Commodity Futures Trading Commission (CFTC) has filed a complaint in the federal district court in Houston, charging the energy giant with operating an illegal futures exchange and trading an illegal, off-exchange agricultural futures contract. CFTC also charged Enron and a former Enron natural gas trader with price manipulation.
CFTC said Enron released a new version of its trading platform, Enron Online (EOL), that included the ability for outside users to post bids and offers on the system. EOL also listed at least three...