Document ID: FERC-2005-0347-0002
Agency: ferc
Document Type: Proposed Rule
Title: Prohibition of Energy Market Manipulation
Posted Date: 2005-11-16T05:00Z

[Federal Register: November 16, 2005 (Volume 70, Number 220)]
[Proposed Rules]               
[Page 69474]
From the Federal Register Online via GPO Access [wais.access.gpo.gov]
[DOCID:fr16no05-20]                         

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DEPARTMENT OF ENERGY

Federal Energy Regulatory Commission

18 CFR Parts 47 and 159

[Docket No. RM06-3-000]

 
Prohibition of Energy Market Manipulation

AGENCY: Federal Energy Regulatory Commission.

ACTION: Notice of proposed rulemaking; correction.

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SUMMARY: The Federal Energy Regulatory Commission published in the 
Federal Register of October 27, 2005, a document proposing to add a 
part 47 and part 159 to Title 18 of the CFR. Two clauses in the 
proposed regulatory language for parts 47 and 159 were inadvertently 
incorporated into subparagraph text, but were intended to start a new 
line in the text since they are to modify all three subparagraphs. As 
such formatting is inconsistent with Federal Register requirements, 
these modifying clauses will be moved to the beginning of the 
paragraph.

FOR FURTHER INFORMATION CONTACT: Frank Karabetsos, Office of the 
General Counsel, Federal Energy Regulatory Commission, 888 First 
Street, NE., Washington, DC 20426. (202) 502-88133.

SUPPLEMENTARY INFORMATION: The Federal Energy Regulatory Commission 
published in the Federal Register of October 27, 2005 (70 FR 61930), a 
document adding a part 47 under subchapter B (Regulations under the 
Federal Power Act) and a part 159 (Regulations under the Natural Gas 
Act) to Title 18 of the CFR. The proposed regulatory text for the two 
parts failed to set out certain sentences as modifying clauses. This 
document corrects that error.

Correction

    In proposed rule FR Doc. 05-21423, beginning on page 61930 in the 
issue of October 27, 2005, make the following corrections:

Sec.  47.1  [Corrected]

    1. On page 61933, in column 2, correct Sec.  47.1(a) to read as 
follows:

Sec.  47.1  Prohibition of energy market manipulation.

    (a) It shall be unlawful for any entity, directly or indirectly, in 
connection with the purchase or sale of electric energy or the purchase 
or sale of transmission services subject to the jurisdiction of the 
Commission,
    (1) To use or employ any device, scheme, or artifice to defraud,
    (2) To make any untrue statement of a material fact or to omit to 
state a material fact necessary in order to make the statements made, 
in the light of the circumstances under which they were made, not 
misleading, or
    (3) To engage in any act, practice, or course of business that 
operates or would operate as a fraud or deceit upon any person.
* * * * *

Sec.  159.1  [Corrected]

    2. On page 61933, in column 3, correct Sec.  159.1(a) to read as 
follows:

Sec.  159.1  Prohibition of energy market manipulation.

    (a) It shall be unlawful for any entity, directly or indirectly, in 
connection with the purchase or sale of natural gas or the purchase or 
sale of transportation services subject to the jurisdiction of the 
Commission,
    (1) To use or employ any device, scheme, or artifice to defraud,
    (2) To make any untrue statement of a material fact or to omit to 
state a material fact necessary in order to make the statements made, 
in the light of the circumstances under which they were made, not 
misleading, or
    (3) To engage in any act, practice, or course of business that 
operates or would operate as a fraud or deceit upon any person.
* * * * *

    Dated: November 10, 2005.
Magalie R. Salas,
Secretary.
[FR Doc. 05-22755 Filed 11-15-05; 8:45 am]

BILLING CODE 6717-01-P