The Brawl on the Hill

The Commodity Futures Trading Commission and the Federal Energy Regulatory Commission are vying for first crack at penalizing Amaranth Advisors.

Walter Lukken is a runner — has been all his adult life — and that’s probably a good thing, because these days he’s had to dash from one hearing to another on Capitol Hill as acting chairman of the Commodity Futures Trading Commission, the watchdog of the futures and options markets in the U.S.

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