January 29, 2013 at 08:52 AM EST
FERC supports $470 mln market manipulation fine on Barclays
Jan 29 (Reuters) - The U.S. Federal Energy Regulatory Commission (FERC) correctly found that traders for Barclays Plc manipulated the California power market from late 2006 to 2008 and should pay a record $470 million in penalties, FERC staff said in a report.
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