• FERC Issues New Reporting Requirements for Transactions that Result in Changes in Status
  • March 8, 2005
  • Law Firm: Hunton & Williams LLP - Richmond Office
  • FERC has issued new rules that clarify the reporting requirements for "changes in status" by sellers authorized to sell power at market-based rates ("Sellers"), but also add complexity and ambiguity in certain areas. Beyond requiring more frequent filings, the new rules are likely to require Sellers to report a greater variety of transactions than previously were considered reportable.