JPMorgan Accused Of Power Rigging Charge – ValueWalk Premium
JPMorgan

JPMorgan Accused Of Power Rigging Charge

FERC, the U.S. power regulator, charged JPMorgan Chase & Co. (NYSE:JPM) with gaming electricity prices through eight manipulative bidding strategies. The U.S. Federal Energy Regulatory Commission found JPMorgan’s affiliate using manipulative trading schemes between 2008 and 2011.

JPMorgan Chase's final settlement by Tuesday

After extensive investigation, the power regulator found JPMorgan Chase & Co. (NYSE:JPM)’s traders used improper bidding tactics in . . .

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