A Senate bill offered by Democrat Mark Warner of Virginia and Republicans’ Susan Collins and Rob Portman could undermine the authority of independent agencies, such as the Commodity Futures Trading Commission (CFTC) and the Securities and Exchange Commission (SEC), to implement many of the regulations under Title VII of the Dodd-Frank Wall Street Reform Act.
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People
Susan Ackerman was reappointed to a four-year term on the Oregon Public Utility Commission (PUC). Ackerman was originally appointed in March 2010 to fill the remainder of the term of Chairman Lee Beyer, who resigned to run for his old seat in the state legislature where he now serves in the Senate. She was then appointed to a full term. Prior to her first appointment panel, Ackerman was an energy attorney in private practice. Her new term expires March 13, 2016.
People
FERC Chairman Jon Wellinghoff announced that Susan J. Court, director of the Office of Enforcement (OE), is retiring after 27 years of service in the federal government. Her successor will be Norman Bay, a former U.S. Attorney for New Mexico and current associate professor of law at the University of New Mexico. He is expected to join the Federal Energy Regulatory Commission on July 6.
People
FERC Chairman Jon Wellinghoff announced that Susan J. Court, director of the Office of Enforcement (OE), is retiring after 27 years of service in the federal government. Her successor will be Norman Bay, a former U.S. Attorney for New Mexico and current associate professor of law at the University of New Mexico. He is expected to join the Federal Energy Regulatory Commission on July 6.
Senate Bill Gives Immediate Authority to Regulate Swaps Markets
Sens. Carl Levin (D-MI) and Susan Collins (R-ME) last Monday introduced bipartisan legislation to give federal financial regulators immediate authority to regulate trillions of dollars in swap transactions that continue to be marketed and traded in the United States under the radar of government oversight.
Senate Bill Gives Immediate Authority to Regulate Swaps Markets
Sens. Carl Levin (D-MI) and Susan Collins (R-ME) Monday introduced bipartisan legislation to give federal financial regulators immediate authority to regulate trillions of dollars in swap transactions that continue to be marketed and traded in the United States under the radar of government oversight.
People
Susan F. Clark was elected to the Sierra Pacific Resources board of directors, filling one of two vacancies. Clark is a partner in Tallahassee, FL-based law firm Radey Thomas Yon & Clark, which specializes in telecommunication law and energy regulation. During more than 20 years service with the Florida Public Service commission Clark was a commissioner for nine years and served as chairman in 1995-1996. She also served the regulatory commission as its general counsel.
People
Chairman Pat Wood announced the appointment of FERC veteran staffer Susan Court to a newly-created position as the Commission’s chief of staff. Only a couple of chairmen in the past have designated a chief of staff. Court’s primary job will be to ensure coordination among the Commission’s nine main offices and auxiliary offices to achieve its strategic plan. Since March 2001, Court has served as associate general counsel for general and administrative law and as the Designated Agency Ethics Official (DAEO). She will continue to perform those functions until the end of July. Previously, Court served as deputy solicitor, associate general counsel for gas and oil, assistant to a commissioner, and executive assistant to an acting chairman. She started her career at the Commission in the Office of General Counsel’s rulemaking section in 1982. Among her accomplishments during her 22 years at the Commission, Court was in charge of the legal staff responsible for implementing Order No. 436 and drafting Order No 636 — the landmark rules intended to introduce greater competition in U.S. natural gas markets. She also led the team that successfully defended Order No. 636 in the federal courts.
People
Susan Kennedy was quickly cleared by the Senate Rules Committee for confirmation as the new commissioner at the California Public Utilities Commission. Statewide consumer, utility and environmental groups appeared to support the appointment of the former Democratic Party and governor’s adviser. Confirmation by the full Senate is expected later this month. In part of her questioning, Kennedy said she was unhappy with the level of the so-called exit fees assigned late last year by the CPUC for direct access customers in California. At their current levels, she said it would take 10 to 20 years for bundled utility customers to get their fair share from the customers buying their own power supplies from third-party providers.
New CPUC Commissioner Confirmed by State Senate
After noting that state regulators are in office to carry out the will of state lawmakers, Susan Kennedy was quickly cleared by the Senate Rules Committee last week for confirmation as the new commissioner at the California Public Utilities Commission.