New FERC Rule Ramps Up Oversight On Market Manipulation

Law360, New York (April 20, 2012, 7:02 PM EDT) -- The Federal Energy Regulatory Commission issued a rule Thursday requiring regional administrators to provide more data on their markets, in an effort to improve the commission’s surveillance of market manipulation and protect consumers from paying excessive prices.

The rule, which takes effect in 60 days, is designed to expand the commission’s watchdog efforts. It comes amid multiple FERC investigations of market manipulation and less than two months after Constellation Energy Commodities Group Inc. paid $235 million to settle the commission's market manipulation claims against it....
To view the full article, register now.