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March 24, 2023
Home » FERC Proposes $6.8M Fine for CAISO Market Manipulation
By Hudson Sangree FERC on Wednesday ordered energy firm Vitol and one of its senior traders to show cause why they should not be fined for manipulating CAISO’s market to limit losses on the company’s congestion revenue rights (IN14-4). The trader, Federico Corteggiano, had helped create software for CAISO’s CRR...
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