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...

By Katherine Doherty, Archie Hunter and Nicola M White · Bloomberg Markets

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.