Court Limits FERC Jurisdiction

Remarks by Robert Zwirb on last week's decision in the Brian Hunter v. FERC manipulation case, which held that FERC lacked the jurisdiction to prosecute Hunter, have appeared in the Energy Metro Desk.

The D.C. Circuit interpreted the CEA's exclusive jurisdiction clause as preempting the authority of another regulatory agency to regulate or bring an enforcement action over a transaction that took place, in the words of the D.C. Circuit, on "a CFTC-regulated exchange."

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The above excerpt is from the most recent issue of Energy Metro Desk, which is published biweekly by Scudder Publishing Group, an energy trade news publishing company based in the Washington, D.C. metropolitan area. Those interested in learning more about the Energy Metro Desk may do so by following the link to www.energymetro.com or emailing [email protected].

Reprinted with permission of the publisher, Scudder Publishing Group, LLC. Copyright 2013.

Related News: "FERC Loses Hunter Case (with Pantano Comment)" (March 15, 2013).