FERC Electric Market Rules Target Credit, Ownership

Law360, New York (January 21, 2010, 7:33 PM EST) -- The Federal Energy Regulatory Commission proposed two rules Thursday designed to increase investors' certainty in the electric market, putting forth initiatives to address ownership rules for power companies, amend current credit practices and improve its supervision of market transactions.

The proposed rules were announced the same day that the commission held an open meeting to discuss issues pertaining to electric markets, and FERC also requested general input on measures to broaden its oversight of market transparency.

Under one proposed rule, a holding company planning to acquire...
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