Related Practices
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The risks of non-compliance for energy companies have increased exponentially under the Energy Policy Act of 2005. The new law prohibits market manipulation, establishes a broad range of civil penalties under the Federal Power Act and the Natural Gas Act, and increases the level of criminal penalties for violations. FERC has recently established new polices on enforcement and operational audits and significantly increased its enforcement activities in a number of areas.
The firm represents and advises clients on:
- Investigations
- Standards of Conduct issues under FERC Order No. 2004
- Codes of conduct regarding affiliates activities
- Development and implementation of compliance programs
- Financial audits
- Operational audits
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