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Policy & Enforcement Briefing: FERC $435m Penalty, Fuel Waiver, Calif. Carbon Market

The Federal Energy Regulatory Commission proposed a $435 million penalty against Barclays Bank for allegedly manipulating electricity markets in and around California between 2006 and 2008. FERC is also seeking to force Barclays to give up $35 million in profits gained from the allegedly illegal trading, and proposing $18 million … Read more »