The FERC's Anti-Market Manipulation Rule: Trends and Developments LIVE Webcast Wednesday, April 12, 2017 @ 12:00 PM to 2:00 PM (ET)
The Knowledge Group/The Knowledge Congress Live Webcast Series, the leading producer of regulatory focused webcasts, announced today that it has scheduled a live webcast entitled: The FERC's Anti-Market Manipulation Rule: Trends and Developments LIVE Webcast. This two-hour event is scheduled on Wednesday, April 12, 2017 @ 12:00 PM to 2:00 PM (ET).
- New York, NY (1888PressRelease) March 31, 2017 - Event Synopsis:
In less than a month, on July 21 and August 10, two federal District Court rulings stated that a "de novo" review of Federal Energy Regulatory Commission's (FERC's) enforcement cases will not suffice for the penalty enforcement proceedings of the Commission. From Latin, which means "over again" or "from the new", a de novo review entails a court to conclude on a case without reference to the legal decisions undertaken by the previous court that handled it. Ruling on matters of law without reference to the latter's findings, the concluding court may, however, refer to the previous investigators' compiled records to determine and review the facts and other evidences. As such, FERC's enforcement targets, according to federal District Courts will be given a full civil trial and will be treated as ordinary civil action.
Two significant cases which involved big names in the energy sector have been hotly debated in several of the FERC's market manipulation cases. In its July 21-decision, Federal District of Massachusetts Judge Mastroianni denied Maxim Power Corp.'s motion to dismiss FERC's petition for an order that affirmed its Order Assessing Civil Penalties but pointed that the review of the assessed civil penalty pursuant to FPA Section 31(d)(3) will be treated as an ordinary civil action requiring a trial de novo. Whereas in its August 10 decision, U.S. District Court for the District of Columbia Judge John Bates stressed that the court cannot simply depend on the commission's compiled records when deciding on the existing cases.
Our panel of key thought leaders and practitioners will offer a discussion of the fundamentals as well as updates regarding the latest and significant issues surrounding the FERC's Anti-Market Manipulation Rule. This LIVE webcast aims to help you be well-versed of the latest trends and developments in the energy industry, as well as better understand the legal aspects of FERC's enforcement cases.
Some of the major topics that will be covered in this course are:
- Overview of the Section 31(d)(3) of the Federal Power Act (FPA)
- The De Novo Review Standard in FPA
- Background of the District Court Rulings
- FERC Anti-Manipulation Enforcement Targets
- Scrutiny of the Two Significant Cases
- FERC v. Maxim Power Corp.
- FERC v. City Power
Speakers/Faculty Panel:
Victoria Earls
Attorney, Litigation Department
Paul Hastings LLP
John Lilyestrom
Partner
Hogan Lovells US LLP
Branko Terzic
Managing Director
Berkeley Research Group, LLC
Todd Schatzki
Vice President
Analysis Group, Inc.
For an updated list of the faculty panel, please visit:
https://www.theknowledgegroup.org/webcasts/legal/environmental-law/the-fercs-anti-market-manipulation-rule-trends-and-developments-live-webcast
About The Knowledge Group/The Knowledge Congress Live Webcast Series
The Knowledge Group brings together the world's leading authorities and industry participants through informative two-hour webcasts that study the impact of changing regulations and help businesses succeed through proper regulatory compliance.
Visit http://theknowledgegroup.org/ for further information and inquiry.
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