Wiley partner Erik Baptist and Jeremy Medovoy, Deputy Director of FERC’s Division of Investigations, Office of Enforcement, break down the Federal Energy Regulatory Commission’s (FERC) mission and its anti-market manipulation authority, discuss how the federal district and appellate courts shape FERC’s enforcement authority, provide tips for when companies should self-report violations, identify the most common violations, and observe how FERC enforcement has remained constant even as administrations have changed.