JPMorganChase Pays $410M to Settle Charges of ‘Gaming Electricity Market’

JPMorganChase Pays $410M to Settle Charges of ‘Gaming Electricity Market’

Accused by federal regulators of manipulating electricity prices, JPMorgan Chase settled its case and agreed to pay $410 million in penalties. The Federal Energy Regulatory Commission (FERC) approved the settlement for allegations of market manipulation, stemming from the company’s bidding activities in electricity markets in … Read more…

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