Category Archives: Enforcement and Investigations

FERC Orders Evidentiary Hearing for Alleged Market Manipulation by BP

By Christopher Polito and Paul Pantano On May 15, 2014, the Federal Energy Regulatory Commission (FERC) issued an order setting an evidentiary hearing before an administrative law judge (ALJ) to determine whether BP America Inc., BP Corporation North America Inc., BP America … Continue reading

Posted in Commodity Trading, Enforcement and Investigations, FERC, Oil & Gas, Regulation

SAVE THE DATE: 2014 Energy & Commodities Regulation, Compliance and Enforcement Conference

Cadwalader, Wickersham & Taft LLP will be hosting its annual Energy & Commodities Conference in Houston, Texas. The program will feature informative presentations and panel discussions on the evolving regulatory and enforcement issues affecting the U.S. and international energy and … Continue reading

Posted in CFTC, Commodity Trading, CSAPR, Dodd-Frank, DOJ, EMIR, Emissions, Enforcement and Investigations, EPA, ERCOT, Events, FERC, FTC, MiFID, MiFIR, Mining/Metals, Oil & Gas, Power, PUCT, Regulation, Renewables, SEC

Going Public: Powhatan Energy Fund’s “Insurance Policy” Regarding FERC Enforcement’s Non-Public Manipulation Investigation into the Fund’s “High-Frequency” PJM Trading Activity

By Gregory Lawrence and Lynna Cobrall On February 28, 2014, Powhatan Energy Fund (“Powhatan”) launched a public website disclosing that for more than three years, the Federal Energy Regulatory Commission (“FERC”) Office of Enforcement (“OE”) has been investigating Powhatan for … Continue reading

Posted in Enforcement and Investigations, FERC, PJM, Power, Regulation

Markets in Financial Instruments Directive: Agreement in Principle on Revised European Rules

On 14 January 2014 the European Parliament, the Council and the Commission reached a high-level agreement in principle on updating the rules for the revised Markets in Financial Instruments Directive (MiFID II) and Regulation (MiFIR).  Further technical issues that remain … Continue reading

Posted in Commodity Trading, Enforcement and Investigations, MiFID, MiFIR, Oil & Gas, Power

2013 FERC Report Confirms Increased Enforcement Activity

By Doron Ezickson, Kenneth Irvin, Gregory Lawrence, Terence Healey, and Christopher Polito. On November 21, 2013, the Federal Energy Regulatory Commission (FERC) Office of Enforcement (Enforcement) issued its 2013 Report on Enforcement (Report).  The annual Report provides an overview of and statistics regarding FERC’s enforcement activities … Continue reading

Posted in Enforcement and Investigations, FERC, Oil & Gas, Power, Regulation

Join Greg Lawrence at the National Forum on Energy Trading Compliance & Regulatory Enforcement, November 21-22

8th National Forum on Energy Trading Compliance & Regulatory Enforcement November 21-22, 2013 Washington Plaza Hotel 10 Thomas Cir NW Washington, DC 20005 +1 202 842 1300 Presented by The American Conference Institute Cadwalader Energy & Commodities Partner Gregory Lawrence … Continue reading

Posted in CFTC, Commodity Trading, Enforcement and Investigations, Events, FERC, Oil & Gas, Power, Regulation

FERC Denies Rehearing in DC Energy – Clarifies Position on Reportable IBTs and Side Steps Jurisdictional Issue

By Gregory Lawrence and Ryan Norfolk By order issued July 12, 2013, the Federal Energy Regulatory Commission (“FERC” or the “Commission”) denied requests for rehearing of its March 9, 2012 order denying the complaint of DC Energy, LLC (“DCE”) and … Continue reading

Posted in Commodity Trading, Enforcement and Investigations, FERC, Power, Regulation

SEC Announces Second Set of Whistleblower Awards

From Cadwalader’s SEC Enforcement Advisor Alert On June 12, 2013, the Securities and Exchange Commission (SEC) announced that three claimants would receive awards under the whistle – blower bounty program created as part of the Dodd-Frank Wall Street Reform and … Continue reading

Posted in Commodity Trading, Dodd-Frank, Enforcement and Investigations, Oil & Gas, Power, Regulation, SEC

SAVE THE DATE: 2013 Energy & Commodities Conference

Cadwalader, Wickersham & Taft LLP will be hosting its annual Energy & Commodities Conference in Houston, Texas. This complimentary day and half program will feature informative presentations and panel discussions on the evolving regulatory, business, and legal issues affecting the … Continue reading

Posted in Announcement, CFTC, Commodity Trading, Distressed Energy, Dodd-Frank, Energy Infrastructure, Enforcement and Investigations, ERCOT, Events, FERC, Finance, Oil & Gas, Power, PUCT, Regulation, Renewables

Futures & Derivatives Law Report: Energy Commodities – The Netherworld Between FERC and CFTC Jurisdiction

Paul J. Pantano, Jr. and Terence Healey authored an article entitled, “Energy Commodities – The Netherworld Between FERC and CFTC Jurisdiction” in the March issue of Futures & Derivatives Law Report. To view the full article, click here.

Posted in Articles, CFTC, Enforcement and Investigations, FERC, Oil & Gas, Power, Regulation