Wednesday, 23 March 2011
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U.S. fines Bunge $550,000 in soybeans case
Bunge Ltd., the world's second-largest oilseed processor, was fined $550,000 by U.S. regulators for entering orders for soybeans on the Chicago Board of Trade that the company had no intention of executing. Bunge traders entered orders in March 2009 to purchase or sell soybean futures during the exchange's pre-opening session, which determines the price at which the commodity will open the day's
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