Seeking to improve its ability to unravel complicated market manipulation schemes, FERC proposed a new way for identifying connections between companies and individuals.

Maxim Power wants to FERC drop two other allegations or combine them with the original complaint.

FERC ordered City Power Marketing to pay $15 million in penalties and repay almost $1.3 million in profits for making riskless up-to-congestion trades in PJM to cash in on line-loss rebates.

FERC was the subject of intense criticism Wednesday and Thursday as members of a congressional subcommittee considered legislation to rein in the agency’s Office of Enforcement.

Staff of a Maryland power plant accidentally threw away records necessary for an audit, fruitlessly searching four dumpsters for them, NRG told FERC.

Rich and Kevin Gates say they will force FERC to collect $34.5 million in federal court, where a statute of limitations defense could reduce the penalties.

FERC fined Maxim Power $5 million and employee Kyle Mitton was fined $50,000 for overcharging ISO-NE.

FERC completed a bloodless transition Thursday as newcomer Norman Bay replaced five-year veteran Cheryl LaFleur as chairman.

FERC Chairman Norman Bay named Larry Gasteiger as his chief of staff and Larry Parkinson as the director of the commission’s Office of Enforcement.

A Florida power trader under investigation for market manipulation over up-to-congestion trades says that an “unfair” investigation by FERC has ruined his business.