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JPMorgan Probe Shows FERC Priority Policing Energy
demonstrates arenewed focus on market manipulation as the agency beefs up itsoversight of the multibillion dollar energy-trading business.The FERC on July 2 sued New York-based JPMorgan to releasee-mails, revealing an investigation of possible gaming of powermarkets inand the Midwest. Since January 2011 theagency has announced 11 probes of alleged manipulation inelectricity and natural gas markets...
Bloomberg | 344 Day(s) Ago