CFTC accord bolsters Ferc drive to catch manipulation

Memorandum of Understanding with US Commodity Futures Trading Commission on information sharing has been "extremely useful" for energy regulator, says Federal Energy Regulatory Commission's deputy director of surveillance

electricity-pylons

Efforts by the US Federal Energy Regulatory Commission (Ferc) to curb manipulation in energy markets are benefiting greatly from a Memorandum of Understanding (MOU) signed by the agency and the Commodity Futures Trading Commission (CFTC) earlier this year, according to Sean Collins, deputy director of Ferc’s division of analytics and surveillance.

On January 2, the agencies announced they had signed two MOUs – one on procedures for sharing information and another to help resolve jurisdictional

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