DOJ, CFTC Investigating Iron Ore Trader Radiant World’s Deals

The Justice Department and a US financial regulator are probing transactions around Radiant World, the private firm that has rapidly risen to become one of the world’s largest iron ore traders, according to people familiar with the matter.

The significance of this report depends on the decisions, official reactions or confirmation that follow. The current assessment is initially based on reporting by Bloomberg.

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