CFTC accord bolsters Ferc drive to catch manipulation

Information sharing MOU has been "extremely helpful" for energy regulator

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 j