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New York Court Rules PSC Overstepped Its Authority In Denying Use Of Bonds For Broker Registration

Court Upholds All Other Aspects Of Broker Regulation Order (Including Requirement For Independent Contractors To Individually Register)

The New York State Supreme Court, County Of Albany has ruled that, in the New York PSC's broker regulation order, the, "PSC overstepped its authority by prohibiting the use of bonds to demonstrate financial accountability and acted arbitrarily and capriciously in doing so[.]"

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News By Date (Page 128) | EnergyChoiceMatters.com