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March 30, 2023
Home » FERC Orders $15 Million Penalty in PJM Market Manipulation Case
By Rich Heidorn Jr. Federal regulators ordered a Florida energy trader to pay $15 million in penalties and repay almost $1.3 million in profits for making riskless up-to-congestion trades in PJM to cash in on line-loss rebates. The Federal Energy Regulatory Commission imposed the penalty July 2 against City Power...
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