Bengaluru — Britain’s energy regulator Ofgem said on Wednesday it had levied a 5.4 million pound ($6.88 million) fine on Morgan Stanley & Co International for not recording and retaining electronic communications relating to trading wholesale energy products.
The fine was for the period between January 2018 and March 2020, it added.
($1 = 0.7845 pounds)
*Eva Mathews; editing: Rashmi Aich – Reuters