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May 31, 2016
FERC issued an order assessing a civil penalty of $26 million on Coaltrain Energy, L.P. for what FERC ruled were violations of FERC's anti-manipulation rules resulting from what FERC called Coaltrain’s "fraudulent Up-To Congestion (UTC) transactions in PJM Interconnection."
January 7, 2016
FERC issued a show cause order to Coaltrain Energy, L.P. (Coaltrain), Coaltrain’s co-owners Peter Jones and Shawn Sheehan, and traders/analysts Robert Jones, Jeff Miller, Jack Wells, and Adam Hughes, "to show cause why they should not be found to have violated section 1c.2 of the Commission’s…
