In a show cause order and notice of proposed penalty, the FederalrnEnergy Regulatory Commission said that a small San Francisco-basedrnpower trading firm and its top trader must explain why they should notrnbe required to pay a $2.5 million civil fine and disgorge just overrn$315,000, plus interest, in unjust profits, in response to allegations thatrnthey engaged in manipulative virtual trading in California in 2011.
展开▼