FERC Office of Enforcement
FERC staff issued a Notice of Alleged Violation last week against traders who exploited a loophole in PJM UTC trades in a case that will likely go to court.
A Senate panel today voted to confirm Norman Bay to FERC in a deal that will keep acting chair Cheryl LaFleur in her current role for nine months.
Norman Bay's case for confirmation as FERC chair wasn’t helped last week by the responses Acting Chair Cheryl LaFleur filed in response to Senators. LaFleur detailed seven enforcement cases in which she differed from Bay and her fellow commissioners.
Top enforcement officials at FERC and the CFTC assured energy lawyers they respect the due process rights of investigative targets, rejecting allegations that they have employed heavy-handed tactics.
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