{"id":36813,"date":"2013-07-17T11:16:27","date_gmt":"2013-07-17T15:16:27","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=36813"},"modified":"2013-07-17T11:16:27","modified_gmt":"2013-07-17T15:16:27","slug":"barclays-traders-fined-487-9-million-by-u-s-regulator","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/07\/2013\/barclays-traders-fined-487-9-million-by-u-s-regulator.html","title":{"rendered":"Barclays, Traders Fined $487.9 Million by U.S. Regulator"},"content":{"rendered":"<p>Bloomberg &#8211; Barclays PLC and four former traders were ordered to pay a combined $487.9 million in fines and penalties by the U.S. Federal Energy Regulatory Commission for engaging in what the agency said was a scheme to manipulate energy markets in the Western U.S. from 2006 to 2008.<\/p>\n<p>The agency directed the company and traders to pay $453 million in civil penalties to the U.S. Treasury within 30 days, according to the order issued yesterday. The London-based bank also must surrender $34.9 million in profits, to be distributed to programs that help low-income homeowners pay energy bills in California, Arizona, Oregon and Washington, the FERC said.<\/p>\n<p><a href=\"http:\/\/www.bloomberg.com\/news\/2013-07-16\/barclays-traders-fined-487-9-million-by-u-s-regulator.html\" target=\"_blank\"><strong>Read Complete Article<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bloomberg &#8211; Barclays PLC and four former traders were ordered to pay a combined $487.9 million in fines and penalties by the U.S. Federal Energy Regulatory Commission for engaging in what the agency said was a scheme to manipulate energy [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-36813","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/36813","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=36813"}],"version-history":[{"count":2,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/36813\/revisions"}],"predecessor-version":[{"id":36818,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/36813\/revisions\/36818"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=36813"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=36813"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=36813"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}