Reuters: Politics: Senators question U.S. energy market settlement with JPMorgan

Reuters: Politics Reuters.com is your source for breaking news, business, financial and investing news, including personal finance and stocks. Reuters is the leading global provider of news, financial information and technology solutions to the world's media, financial institutions, businesses and individuals. // via fulltextrssfeed.com

Senators question U.S. energy market settlement with JPMorgan Jul 31st 2013, 17:44 Tweet Share this Email Print Related News PRESS DIGEST - New York Times business news - July 31 1:11am EDT JPMorgan to pay $410 million to settle power market case Tue, Jul 30 2013 U.S. says JP Morgan manipulated market; settlement seen Mon, Jul 29 2013 JPMorgan to quit physical commodity trade amid scrutiny Fri, Jul 26 2013 At Senate, Wall St. and Fed feel heat over commodity trade Tue, Jul 23 2013 Analysis & Opinion Static in the electricity market BP, buyer's remorse and the future of mass tort settlements Two men walk past the front desk inside of the headquarters of JPMorgan Chase & Co bank in New York, March 15, 2013. Credit: Reuters/Lucas Jackson WASHINGTON | Wed Jul 31, 2013 12:30pm EDT WASHINGTON (Reuters) - Two Democratic Senators on Wednesday asked U.S. energy regulators for more details on how terms of a settlement were reached on alleged power market manipulation in California and the Midwest by a unit of JPMorgan Chase & Co. In a letter to the head of the Federal Energy Regulatory Commission (FERC), Elizabeth Warren and Edward Markey, both of Massachusetts, questioned whether the settlement announced on Tuesday included "adequate refunds to defrauded ratepayers." They also asked FERC why certain JPMorgan executives "who sought to impede the commission's investigation" will not be punished. (Reporting by Ros Krasny; Editing by Carol Bishopric) Tweet this Link this Share this Digg this Email Reprints We welcome comments that advance the story through relevant opinion, anecdotes, links and data. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. For more information on our comment policy, see http://blogs.reuters.com/fulldisclosure/2010/09/27/toward-a-more-thoughtful-conversation-on-stories/ Comments (0) Be the first to comment on reuters.com. Add yours using the box above.

You are receiving this email because you subscribed to this feed at blogtrottr.com. If you no longer wish to receive these emails, you can unsubscribe from this feed, or manage all your subscriptions