Training is becoming an increasingly important part of every electric and natural gas company's compliance program. Congress recently gave the Federal Energy Regulatory Commission ("FERC") broad new civil authority for violations of the Federal Power Act - up to $1 million per day per violation, and energy companies have paid millions of dollars as a result of Commodity Futures Trading Commission ("CFTC") investigations.

If you are audited by FERC, or face an investigation by FERC or the CFTC, one of the questions the regulator is very likely to ask is how you train your employees on regulatory requirements such as the prohibitions on market manipulation and the standards of conduct.

As a service to its members and the energy industry as a whole, the Edison Electric Institute has developed standardized online training programs that allow your employees to be trained from an internet-based program when it is most convenient to them. In addition to being convenient for busy employees, the programs make it easy for compliance officers and training administrators to keep training records. The content of the training materials was developed by compliance experts at Skadden, Arps, Slate, Meagher & Flom LLP.

Surf the site to learn more. If you are interested in purchasing either of the training programs, please fill out the request for a demonstration or contact us.

Anti-Market Manipulation Standards of Conduct