|JPMorgan Probed Over Potential Power-Market Manipulation|
The regulator is examining efforts by J.P. Morgan Ventures Energy Corp., which is based in Houston, to extract excessive payments or above-market prices from California Independent System Operator Inc. and Midwest Independent Transmission System ...
|JPMorgan Potentially Manipulating Energy Markets Using Abusive Bidding ...|
Only a few weeks after the so-called London Whale debacle, the Federal Energy Regulatory Commission (FERC) has filed a petition against the bank in the context of an investigation into the alleged manipulation of energy markets in California and the ...
|JPMorgan probed over possible power market manipulation|
NEW YORK (Reuters) - U.S. energy regulators have subpoenaed JPMorgan Chase & Co to produce 25 internal emails as part of an investigation into whether the bank manipulated electricity markets in California.
|Regulators examining whether JPMorgan manipulated power prices in ...|
JPMorgan Chase has another headache. Energy regulators are investigating whether the bank manipulated electricity markets in California and the Midwest, resulting in higher prices and possibly millions of dollars in improper payments to JPMorgan ...
|JP Morgan, US Spar in Energy-Manipulation Case|
Wall Street Journal
WASHINGTON—A J.P. Morgan Chase & Co. subsidiary may have received at least $73 million in "improper payments" as a result of potential manipulation of electricity markets in California and the Midwest, U.S. regulators said. The Federal Energy ...
|Regulators probing JPMorgan over power prices|
Energy regulators are investigating whether the bank manipulated electricity markets in California and the Midwest, resulting in higher prices and possibly millions of dollars in improper payments to JPMorgan generators. The Federal Energy Regulatory ...
Wednesday, July 4, 2012
Posted by Michele Kearney at 9:36 AM