FERC might take jurisdictional dispute with CFTC to Congress

04/12/2013 | Risk.net (subscription required)

Jon Wellinghoff, chairman of the Federal Energy Regulatory Commission, says FERC won't appeal a court ruling against the agency's attempt to fine a former Amaranth Advisors trader. However, FERC might seek a legislative solution to its ongoing jurisdictional dispute with the Commodity Futures Trading Commission. "I think the most efficient way to proceed is to assist members of Congress in looking at this issue to see if there is a potential legislative solution," Wellinghoff says.

View Full Article in:

Risk.net (subscription required)

Published in Brief: