On December 30, 2022, FERC issued an order approving a stipulation between the Office of Enforcement and FirstEnergy Corp., which required FirstEnergy to pay a civil penalty and submit to compliance monitoring because...more
1/9/2023
/ Bribery ,
Compliance ,
Duty of Candor ,
Enforcement Actions ,
False Statements ,
Federal Power Act ,
FERC ,
Lobbyists ,
Public Utility ,
Reporting Requirements ,
Settlement
The Federal Energy Regulatory Commission (“FERC”) recently ruled that an investor is deemed an affiliate of a public utility if the investor has a seat on the public utility’s board of directors. This rule indicates...more