FERC Defends Proposed $225M Penalty For Gas Manipulation

By Adam Lidgett (September 26, 2016, 6:19 PM EDT) -- The Federal Energy Regulatory Commission on Friday defended its bid to impose $225 million in penalties and disgorgement against a Total S.A. unit and two of its employees for alleged natural gas market manipulation, saying the company's defense that the agency couldn't prove the trading was intentionally manipulative doesn't hold up....

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