Glick calls for legislative fixes to FERC’s enforcement authority, policies

摘要

Legislation to enhance the Federal Energy Regulatory Commission’senforcement capabilities may be necessary to prevent marketmanipulation, Commissioner Richard Glick said in a letter sent to a keySenate Democrat.Glick recommended “targeted amendments” to the Federal PowerAct that would help the commission crack down on repeat offenders,bring more transparency to virtual transactions and prevent unilateraldecision making on the fate of enforcement proceedings.The letter addressed to Senator Maria Cantwell, Democrat-Washington, responds to certain lawmakers’ perception that FERC’sOffice of Enforcement has not been as vigilant of late.