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Energy trading firm and power trader successfully resolve FERC Enforcement investigation involving allegations of market manipulation

July 2023

Client(s) Energy trading firm and power trader

Jones Day represented an energy trading firm and one of its power traders in a FERC Enforcement investigation into whether their virtual and FTR trading strategy violated FERC's anti-manipulation rule. After extensive discovery, including investigative testimony, FERC declined to take action against our clients.

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