FERC Settlement Cuts Barclays Market Manipulation Fine November 8, 2017By Robert MullinFERC agreed to sharply reduce the penalty Barclays Bank must pay to settle claims that it manipulated Western electricity markets a decade ago. | EIA Tell us who you are,get 2 free articles each month. What do you want to know?Want a free trial instead? Click here.Already convinced? View pricing and plans.Already a subscriber? Log in here. Additional news on this topic:FERC Reopens Western Energy Crisis Refund ProceedingShell and Hafslund will be prohibited from using the costs associated with illegal trading activity during the Western Energy Crisis to offset the amount of money they’re expected to refund.GDF SUEZ to Pay $82M in PJM Market Manipulation SettlementIn a settlement approved by FERC's Office of Enforcement, GDF SUEZ will will pay almost $82 million to PJM to settle market manipulation charges.Market Manipulation Cases Dominate FERC EnforcementMarket manipulation cases dominated FERC’s enforcement efforts in fiscal 2016, according to the Office of Enforcement’s 10th annual report.