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FERC Chair Jon Wellinghoff, '75 on JP Morgan $410 M Fine

Wednesday, July 31, 2013   (0 Comments)
Posted by: Joe Libertelli
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FERC Chair Jon Wellinghoff, '75FERC Chair Jon Wellinghoff, '75, in the News!

Federal Energy Regulatory Commission Chair, Jon Wellinghoff, '75, was quoted in the Washington Post on July 31, 2013, with regard to JP Morgan's agreement to settle a huge California electricity rate manipulation case.  

"On Tuesday, FERC Chairman Jon Wellinghoff said that whether banks such as JPMorgan should stay in the commodities business was up to Congress. "We just believe that whoever is engaged in markets should play by the rules,” said Wellinghoff, "and if not, then our enforcement division will come after them.” 

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The University of the District of Columbia David A. Clarke School of Law,www.law.udc.edu, is among the nation's most racially, ethnically, class and age-diverse law schools. Its minimum of 740 hours of clinical public interest legal service - a sum exceeded by most of its students - is clear evidence that the UDC David A. Clarke School of Law is America's preeminent public interest law school.



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