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FERC Staff Backs $470M Penalty For Barclays In Energy Probe

By Keith Goldberg (January 29, 2013, 3:47 PM EST) -- Rejecting Barclays PLC's contention that allegations it manipulated energy markets were unfounded, the Federal Energy Regulatory Commission's enforcement arm urged the regulator on Monday to impose $470 million in penalties and disgorgement on the bank and take the dispute to federal court....

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