Barbara Van Gelder and Nicole Sprinzen, both members of the White Collar Defense & Investigations Practice Group, discuss recently released white papers from the Federal Energy Regulatory Commission in Law360. The new white papers indicate that “FERC has market manipulation schemes in its crosshairs, and is stepping up enforcement efforts against entities and individual actors alike.” Robert, Biz, and Nicole collectively say that, “The main take-away from all of this is that spending money now on a sold compliance program is an investment in the future of the organization and its owners, executives and employees, helping minimize both the risk of drawing unwanted attention and mitigating the severity of any penalties that might be imposed should noncompliance be revealed." Ultimately, “That translates into money saved – and maybe even jail time avoided – in the event that problems arise down the road.”
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