Norwegian FSA ready to probe Nasdaq Oslo collapse
The Norwegian financial supervisory authority has opened an probe into Nasdaq Oslo concerning energy trader Einar Aas' recent market debacle, and the FSA will present the results of its inspection before the end of the year, writes Norwegian finance minister Siv Jensen.
by OLE ANDERSEN
Before the end of the year, the Norwegian financial supervisory authority (FSA) will present the results of its probe into the case of Einar Aas' energy market blunder, which drained the majority of Nasdaq Commodities' collateral fund, sending the former tycoon onto the verge of personal bankruptcy, reports Norwegian media E24.no in reference to a response to the national parliament from finance minister Siv Jensen.
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