FEDERAL ENERGY REGULATORY COMMISSION ISSUES PROPOSED RULE: DUTY OF CANDOR

WASHINGTON, Nov. 25 -- Federal Energy Regulatory Commission has issued a proposed rule called: Duty of Candor.

The proposed rule was published in the Federal Register on Nov. 25 by Debbie-Anne A. Reese, Secretary.

Summary: The Federal Energy Regulatory Commission is withdrawing a notice of proposed rulemaking, which proposed adding a new section to 18 CFR part 1 to require that any entity communicating with the Commission or other specified organizations related to a matter subject to the jurisdiction of the Commission submit accurate and factual information and not submit false or misleading information or omit material information. The Commission is also terminating this rulemaking proceeding.

For more information, contact Gabe Sterlin...