JPMorgan Energy-Trading Unit Admits Error in Apology to FERC

JPMorgan Energy-Trading Unit Admits Error in Apology to FERC

The investigation of market trading surfaced when the FERC went to court in July seeking internal e-mails from JPMorgan, saying bids from the company in the power market might have resulted in at least $73 million in improper payments to generators. Photo: Spencer Platt/Getty Images