Energy Markets:
FERC's Wellinghoff discusses CFTC's role in electricity markets (OnPoint, 03/16/2010)
Who is best able to protect ratepayers -- the Federal Energy Regulatory Commission or the Commodity Futures Trading Commission? During today's OnPoint, Jon Wellinghoff, chairman of FERC, explains why he believes Congress needs to establish a "bright line" indicating who has jurisdiction over what in electricity markets. He discusses how such a mark could affect markets and gives his take on whether a compromise over jurisdiction can be negotiated with the CFTC.