This week’s enforcement update covers:
- CFTC announces Insider Trading & Information Protection Task Force;
- FERC approves settlement with Wheelabrator Technologies Inc. related to capacity payments;
- Second Circuit upholds New York zero emission credits for nuclear facilities;
- Petrobras pays over $1.7 billion to settle corruption charges with U.S. and Brazilian authorities;
- Judge denies Powhatan and Chen motion to dismiss on statute of limitations grounds;
- CFTC finds Mizuho Bank, Ltd. engaged in spoofing of Treasury futures and Eurodollar futures;
- CFTC finds that proprietary trading firm Geneva Trading USA, LLC engaged in spoofing;
- FERC Enforcement requests that Commission vacate Order to Show Cause to Footprint; and
- CFTC orders futures trader and trading firm to pay $2.3 million in penalties for spoofing and manipulative scheme.
Topics discussed this week include
- Fifth Circuit allows possibility of injunctive relief for time-barred NSR claims.
- Supreme Court denies cert. for two environmental cases.
- Environmental groups challenge Oklahoma coal ash permitting scheme.
- FERC-approved pipelines stopped as Commission nominee gets hearing.
- PHMSA rescinds electronic braking rule for crude oil trains.