Bloomberg News November 15, 2012, 5:30 p.m.

The U.S. Federal Energy Regulatory Commission has suspended a JPMorgan Chase & Co. unit's electricity-trading authority, saying it had filed false information to regulators.

The action, part of a more aggressive effort by the commission to monitor U.S. power markets, prohibits J.P. Morgan Ventures Energy Corp. from selling electricity at market-based rates for six months starting April 1, 2013.

read more http://www.latimes.com/business/la-fiw-jpmorgan-ferc-20121115,0,5311859.story