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Highlights of 2010: FSA bans trader who pushed oil to new high while drunk

From 29 Jun 2010: Broker who built up $500m position in oil futures while drunk at home, causing his employer losses of around $10m, is punished by market regulator

Financial News is publishing some of the best read stories of 2010. The article below was first published on June 29.

A oil futures broker who pushed the price of oil to an eight-month high in London after an early-hours trading spree while he was so drunk he blacked out was this morning banned from working in the financial industry and fined £72,000 (€88,900) for market abuse by the market regulator.

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