Vitol to pay $45k fine for CME rule violation
A CME Panel ordered Vitol to pay a $45,000 fine and to disgorge profits in the amount of $1,570.
A CME Panel ordered Vitol to pay a $45,000 fine and to disgorge profits in the amount of $1,570.
Vitol committed fraud by making bribes and kickbacks to employees of state-owned entities in Brazil, Ecuador, and Mexico.