On August 28, 2020, the U.S. Nuclear Regulatory Commission (NRC) approved the first-ever design certification application for a small modular reactor (SMR) through its issuance of a final safety evaluation report that outlines the agency’s multiyear, six-phased technical review. The agency approval represents a milestone for the U.S. nuclear sector and advanced nuclear technologies.
This week’s enforcement update covers:
- Commodity Trading Adviser (CTA) violation settled with CFTC;
- CFTC and Kraft file motions for summary judgment;
- CFTC files 12 enforcement actions addressing registration, position limits, recordkeeping, supervision and reporting;
- Seventh Circuit upholds Illinois zero emissions credits for nuclear facilities;
- Judge denies class action lawsuit alleging antitrust violations in New England gas market;
- CFTC Staff issues report on impact of U.S. tight oil on NYMEX WTI futures contract;
- CFTC orders BNP Paribas to pay $90 million penalty for attempted manipulation and false reporting of U.S. Dollar ISDAFIX benchmark swap rates; and
- FERC issues notice of intent to revoke MBR authority to five entities for failure to file EQRs.
On Wednesday, January 11, 2017, outbound Secretary of Energy Ernest Moniz spoke at the National Press Club in Washington, D.C., in what he said was his final major speaking appearance in the capital city. Secretary Moniz emphasized the importance of the U.S. Department of Energy National Laboratories and Technology Centers, and the many research and development accomplishes of the Obama administration, of which he was a part for nearly the last four years.