November 21, 2019
FERCís Enforcement program focuses on four priorities:
- Fraud and market manipulation
- Anticompetitive conduct
- Serious violations of the electric reliability standards
- Conduct that threatens the transparency of regulated markets
The Office of Enforcement seeks to encourage compliance with the Commissionís statutes, rules, and orders. In that regard, the enforcement program gathers information about market behavior, market participants, and market rules; works to bring entities into compliance with the applicable energy statutes, Commission rules, regulations, and tariff provisions; and conducts audits and investigations to evaluate compliance with Commission requirements. The enforcement program encourages entities to adopt robust and effective compliance programs and practices. Where violations occur, the enforcement program seeks the imposition of appropriate remedies, including compliance commitments, disgorgement of unjust profits resulting from the violations, and civil penalties.