February 4, 2013
FERC Issues $51,000 Penalty to Power Trader
FERC approved a stipulation under which Oceanside Power, LLC will pay a civil penalty of $51,000 and disgorge $29,000 to resolve an investigation by FERC's Office of Enforcement regarding whether Oceanside violated the Commission's Anti-Manipulation Rule, 18 C.F.R. § 1c.2.