Federal energy regulator ready to target power-market manipulators
By Zack Colman - 12/06/12 04:51 PM EST
Energy Regulatory Commission (FERC) Chairman Jon Wellinghoff said
recent multimillion-dollar fines imposed against JPMorgan and Barclays
for alleged power-market manipulation could become more frequent.
“It’s just a matter of us finally gearing up, having the resources,
having the capabilities,” Wellinghoff told reporters Thursday after
speaking at an event hosted by The Hill.