Andrews Securities Litigation and Regulation Reporter
October 9, 2002
Copyright (c) 2002 Andrews Publications
AVISTA ENERGY FINED $2.1M FOR MANIPULATING ELECTRICITY DERIVATIVES
In re Avista Energy
Electricity futures trading company Avista Energy Inc. has agreed to pay a civil fine of $2.1 million imposed by the Commodity Futures Trading Commission for allegedly manipulating the settlement price of electricity futures sold in California. One...