FERC announced last Thursday it has approved a $4 million settlement agreement between its Office of Market Oversight and Investigations (OMOI) and Coral Energy Resources related to Coral’s failure to disclose to the Commission that a trader provided false transaction information to price survey publishers in the 2000-2001 time period (IN05-5).
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FERC Settles With Coral Over False Price Reports
FERC announced Thursday it has approved a $4 million settlement agreement between its Office of Market Oversight and Investigations (OMOI) and Coral Energy Resources related to Coral’s failure to disclose to the Commission that a trader provided false transaction information to price survey publishers in the 2000-2001 time period (IN05-5).
March 4, 2005
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