
The Securities and Exchange Commission on Thursday charged Exelon, ComEd and ex-ComEd CEO Anne Pramaggiore with fraud for the bribery scandal involving former Illinois House Speaker Michael Madigan that led to Pramaggiore’s criminal conviction this year.
Exelon agreed to pay $46.2 million to settle the charges against it and ComEd. However, the SEC said the charges against Pramaggiore will be sorted out in court. The SEC is seeking a civil penalty and other consequences for the onetime utility executive.