FERC Proposes Record $435 Million Fine in Barclays Energy Trades

FERC Proposes Record $435 Million Fine in Barclays Energy Trades

Chris Ratcliffe/Bloomberg

In the Barclays case, “FERC appears to be certain of the nature of the violation and is moving ahead with profit disgorgement and fines and penalties,” said Isemonger, a former market monitor for California’s power-grid operator.