Energy Enforcement Update
This week’s enforcement update covers:
- FERC and Smith file pleadings on Smith motion for judgment on the pleadings in Barclays case;
- CFTC finds that the Bank of Tokyo-Mitsubishi UFJ, Ltd. engaged in spoofing of Treasury futures and Eurodollar futures – applauds cooperation of the bank;
- Appeals court upholds spoofing conviction against Michael Coscia;
- FERC quorum restored with two new Commissioners;
- Senate unanimously confirms CFTC nominees;
- CFTC orders trader to pay $650,000 civil penalty for spoofing;
- Judge grants motions to dismiss New York ZEC lawsuit; and
- Fifth Circuit denies TOTAL petition for rehearing en banc of declaratory judgment action against FERC.