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JPMorgan power-trading authority suspended by U.S. regulator [1]

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JPMorgan power-trading authority suspended by U.S. regulator

 

 

 


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Bloomberg News November 15, 2012, 5:30 p.m.

 

 

The U.S. Federal Energy Regulatory Commission has suspended a JPMorgan Chase [2] & Co. unit's electricity-trading authority, saying it had filed false information to regulators.

The action, part of a more aggressive effort by the commission to monitor U.S. power markets, prohibits J.P. Morgan Ventures Energy Corp. from selling electricity at market-based rates for six months starting April 1, 2013.

read more http://www.latimes.com/business/la-fiw-jpmorgan-ferc-20121115,0,5311859.story [3] 

 

 

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[1] //soundofheart.org/galacticfreepress/content/jpmorgan-power-trading-authority-suspended-us-regulator
[2] http://www.latimes.com/topic/economy-business-finance/jpmorgan-chase-ORCRP010217.topic
[3] http://www.latimes.com/business/la-fiw-jpmorgan-ferc-20121115,0,5311859.story
[4] //soundofheart.org/galacticfreepress/category/type-post/galactic-free-press/ground-crew-updates