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Home » ETRACOM Pays $1.9M Fine for CAISO Manipulation
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ETRACOM Pays $1.9M Fine for CAISO Manipulation

Apr 11, 2018
CAISO/WEIM / Virtual Transactions
By Jason Fordney Delaware-based trading company ETRACOM agreed to pay $1.9 million to settle allegations that it manipulated CAISO markets in a scheme that netted the company $315,000 in profits. But the company also issued a statement Tuesday dismissing the allegations by FERC’s Office of Enforcement as “absurd theories.” An...

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