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J.P. Morgan, Regulator Near Pact.

Authors :
FITZPATRICK, DAN
SMITH, REBECCA
Cui, Carolyn
Source :
Wall Street Journal - Eastern Edition. 7/22/2013, Vol. 262 Issue 18, pC1-C2. 2p.
Publication Year :
2013

Abstract

The article reports that banking company J. P. Morgan Chase & Co. is nearing an agreement worth about $410 million with the U.S. Federal Energy Regulatory Commission (FERC) to settle claims by FERC it had manipulated energy markets. It is believed that neither Morgan executive Blythe Masters nor three energy traders she supervised whose activities FERC had been investigating will be sanctioned.

Subjects

Subjects :
*MARKET manipulation

Details

Language :
English
ISSN :
00999660
Volume :
262
Issue :
18
Database :
Academic Search Index
Journal :
Wall Street Journal - Eastern Edition
Publication Type :
News
Accession number :
89183200