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Policy Violations Energy Sector

Jones Day

Industry Participants Weigh in on FERC Proposal to Limit Availability of Tariff Waivers

Jones Day on

The Situation: The Federal Energy Regulatory Commission ("FERC") issued a proposed policy statement that may signal a significant change to FERC's policy on waivers related to remedial relief. The Impact: While it is...more

Cozen O'Connor

NERC Increasing Penalties for Fundamentally Failing to Comply with Cyber Standards

Cozen O'Connor on

For the second time in less than a year, the North American Electric Reliability Corporation (NERC) has imposed a six-figure penalty on a participant in the electric market for fundamentally failing to comply with the NERC...more

Cadwalader, Wickersham & Taft LLP

FERC Increases Maximum Civil Monetary Penalties for Power, Gas and Oil Companies

On June 29, 2016, the Federal Energy Regulatory Commission (the “Commission”) issued an interim final rule amending the civil monetary penalties within its jurisdiction to adjust for inflation. FERC adjusted its penalties...more

Pierce Atwood LLP

FERC Increases Maximum Civil Penalty Amounts To Adjust For Inflation

Pierce Atwood LLP on

On June 29, 2016, the Federal Energy Regulatory Commission ("FERC") issued Order No. 826, increasing the maximum civil penalty amount for violations of statutes, rules, and regulations within FERC’s jurisdiction, in order to...more

The Volkov Law Group

SEC’s Hitachi Enforcement Action and Important Compliance Reminders

The Volkov Law Group on

The SEC continues to plug away at aggressive FCPA enforcement. This year, at least so far, the SEC has had a very successful year. The Hitachi case is a very interesting enforcement action for several major reasons. ...more

Morgan Lewis

NERC Fines Generator for Violations Related to Lead Line Operations

Morgan Lewis on

Filing reminds generators with significant high-voltage tie lines that they can be subject to Reliability Standards typically applied to transmission owners and transmission operators. ...more

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