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9th Circ. Says FERC Can Pursue $3.7M Penalty Against Vitol

By Gina Kim (August 18, 2023, 8:02 PM EDT) -- The Ninth Circuit on Friday allowed the Federal Energy Regulatory Commission to pursue nearly $4 million in penalties against Vitol Inc. for alleged unlawful trading, rejecting Vitol's argument that the agency's case was untimely and determining that FERC's action was brought within the statute of limitations period after assessing the penalties....

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