February 10, 2014
Power Marketer to Pay $7.4 Million Under Settlement With FERC
FERC approved a settlement with Louis Dreyfus Energy Services L.P. (LDES) under which LDES will pay a civil penalty of $4.1 million, and disgorge $3.3 million plus interest, to resolve allegations that LDES violated the Commission’s Anti-Manipulation Rule, 18 C.F.R. § 1c.2 (2013), in connection with…