JPMorgan pays $410M to settle energy case

Jul 30, 2013 | 06:54 PM | Michael Cowden

Tags  JP Morgan Chase & Co., J.P. Morgan Ventures Energy Corp., market manipulation, fined, settlement, FERC, Federal Energy Regulatory Commission, California U.S. Midwest

CHICAGO — A JPMorgan Chase & Co. subsidiary has agreed to pay $410 million to the Federal Energy Regulatory Commission (FERC) after being accused of manipulating electricity markets in California and the U.S. Midwest....

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