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Absolutely, these "deregulated" markets still need oversight. And there is oversight: look at what happened with JPMorgan manipulating energy markets [0]. My i
by cosmic_quanta 2y ago
Absolutely, these "deregulated" markets still need oversight. And there is oversight: look at what happened with JPMorgan manipulating energy markets [0].
My issue is, "deregulation of electricity markets" means "unbundling vertically-integrated utilities", not "removing oversight". This Texas Stock Exchange is about removing oversight.
[0]: https://apnews.com/ferc-jpmorgan-owes-410m-for-price-manipulation-d1b5e158ca9a4c29bac065a95cc6dc8e https://apnews.com/ferc-jpmorgan-owes-410m-for-price-manipul...