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CFTC Chair Says He Will Withdraw Move To Allow Private Lawsuits Concerning ERCOT, RTO Market Outcomes

Proposal Had Threatened ERCOT Energy-Only Market CFTC's Prior Effort To Allow Private Rights of Action Had Been Blasted As Allowing "Collateral Attack" on PUCT Authorized Market Rules

U.S. Commodity Futures Trading Commission (CFTC) Chairman Timothy Massad has written in a letter to U.S. Senator John Boozman that Massad plans to recommend to his colleagues that the CFTC, "exempt RTOs and ISOs from all private rights of action under Section 22 of the Commodity Exchange Act ('CEA")…

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Texas PUC Staff, Current Utilities Seek Summary Judgment in Case Concerning Definition of Aggregator

Staff: Entity Joining Customers For Negotiations With REP Meets Aggregator Definition Staff: "Broad" Definition of Aggregator Intended When Rules Adopted

Staff of the Public Utility Commission of Texas and Current Utilities, Inc. have each filed a motion for summary decision in a contested Notice of Violation proceeding, in which Staff alleged Current Utilities has acted as an aggregator without a certificate, and Current Utilities argued that its…

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