JPMorgan Probed Over Potential Power Market Manipulation

JPMorgan Probed Over Potential Power-Market Manipulation Businessweek 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 ... Forbes 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 Reuters 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 ... Washington Post 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 ...

JPMorgan's Role in Power Market Comes Under Scrutiny New York Times JPMorgan Chase is being investigated over whether it manipulated power markets in California and the Midwest, according to a filing from the Federal Energy Regulatory Commission. New York Times

Regulators probing JPMorgan over power prices Businessweek 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 ...

JPMorgan investigated over possible power market manipulation Globe and Mail U.S. energy regulators have subpoenaed JPMorgan Chase & Co. twice in the past three months as part of an investigation into whether the bank manipulated power markets in California and the Midwest. The Federal Energy Regulatory Commission (FERC) ... FERC probes JPMorgan over electricity charges San Francisco Chronicle The price-manipulation allegations against JPMorgan's energy-trading unit appear to differ from charges against Enron Corp.'s power traders during the California energy crisis of 2000 and 2001, John Olson, managing partner of Pool Capital Partners LLC ...