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March 1, 2024
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Doubling Down – with Other People’s Money
How Two Traders Linked to 2013 Scandal Left Members Holding the Bag for Millions
PJM’s lax credit policy allowed Greenhat Energy, whose traders had a history of market manipulation, to run up as much as $140 million in FTR losses.
Financial Transmission Rights (FTR)PJMSpecial Reports