Kraft case to test Dodd-Frank muscle

April 13, 2015 1:57 PM

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NEW YORK, April 13 (IFR) - Allegations of fraud and manipulative trading by Kraft Foods in derivatives markets are garnering attention beyond the fact that a household food and beverage-maker has been thrust into a regulatory doghouse normally reserved for the world's largest banks.

The case could also affect the rest of the US corporate market as the CFTC seeks to expand the definition of manipulation in derivatives markets by using a new enforcement tool provided by Dodd-Frank regulations for the first time since the law's passage.

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