The Commodity Futures Trading Commission (“CFTC”) and Federal Energy Regulatory Commission (“FERC”) recently announced the formation of an interagency Surveillance and Data Analytics Working Group as one of the next steps to further coordination of the agencies’ energy market surveillance and enforcement efforts as required by the Dodd-Frank Act. The working group will coordinate information sharing, pursuant to the Information Sharing Memorandum of Understanding (“MOU”) adopted by the agencies in January 2014, and will “focus on data security, data sharing infrastructure, and the use of analytical tools for regulatory purposes.” The agencies have implemented the MOU through an initial transmission of market data earlier this month. See our previous posts (here and here) for more on the Information Sharing MOU.