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January 23, 2022

FERC Seeks $2.5M Fine in CAISO Market Manipulation

Trader Denies Charges

Dec 21, 2015
Rich Heidorn Jr.
By Rich Heidorn Jr. FERC last week ordered ETRACOM and its principal trader Michael Rosenberg to respond to allegations that they manipulated the CAISO energy market in a scheme that allegedly netted $315,000 in profits (IN16-2). FERC issued an Order to Show Cause accusing the company of submitting virtual supply...
RTO Insider CAISO/WEIM FERC & Federal

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