Enforcement Roundup: Barclays, Traders Fined $488M for Energy Market Manipulation
Among recent enforcement actions, the SEC fined Rajat Gupta $13.9 million for tipping off Raj Rajaratnam, and FERC fined Barclays and four of its former traders a combined $487.9 million for manipulating energy markets.
Deutsche Bank Energy Unit Fights Market-Rigging Fine
After the U.S. Federal Energy Regulatory Commission (FERC) hit Deutsche Bank with a $1.5 million penalty, the bank has struck back.
Barclays Eyed in Two New Probes
Fresh from an FSA investigation into LIBOR rigging, Barclays is now the target of two more inquiries.