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Violation Tracker Individual Record

Company: Mirant Americas Energy Marketing LP
Current Parent CompanyNRG Energy
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Penalty: $12,500,000
Year: 2004
Date: December 6, 2004
Offense Group: competition-related offenses
Primary Offense: energy market manipulation
Secondary Offense: data submission deficiencies
Violation Description: The Commodity Futures Trading Commission announced the issuance of an administrative order instituting and simultaneously settling charges under the Commodity Exchange Act of attempted manipulation and false reporting against respondent Mirant Americas Energy Marketing LP, a wholly owned, indirect subsidiary of Mirant Corporation, based in Atlanta, Georgia, and assessing a civil penalty of $12.5 million.
Level of Government: federal
Action Type: agency action
Agency: Commodity Futures Trading Commission
Civil or Criminal Case: civil
HQ Country of Current Parent: USA
HQ State of Current Parent: New Jersey
Ownership Structure of Current Parent: publicly traded
Major Industry of Current Parent: utilities and power generation
Specific Industry of Current Parent: energy generation
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Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.