The chief federal electricity regulator said penalties his office has dished out show it will “go after anybody.”
Federal
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.
Read more on The Hill's E2 Wire blog.
