(Note: all files are in pdf format)
|Issue Date||Subject of Investigation||Description of Alleged Misconduct||Dates of Alleged Misconduct|
|December 2, 2016*||GDF SUEZ Energy Marketing NA, Inc. (GSEMNA)||Violation of the Commission’s Anti-Manipulation Rule, 18 C.F.R. § 1c.2 (2016), by engaging in a strategy to target and inflate its receipt of lost opportunity cost credits (LOCs) in the PJM Interconnection, L.L.C. (PJM) market.||May 2011 to September 2013|
|August 3, 2016*||National Energy & Trade, L.P. (National Energy)||Violation by National Energy of 18 C.F.R. § 1c.1 by fraudulently trading physical basis at Texas Eastern M3 (Tetco M3) during the January 2012 bidweek to increase the value of its financial basis position and also fraudulently trading physical basis at Henry Hub during the April 2014 bidweek to increase the value of its financial exposure.||January 2012 and April 2014|
|August 3, 2016*||David Silva||Violation by David Silva of 18 C.F.R. § 1c.1 by fraudulently trading physical basis at Texas Eastern M3 (Tetco M3) during the January 2012 bidweek to increase the value of his financial basis position.||January 2012|
|May 6, 2016*||Saracen Energy Midwest, LP||Violation by Saracen Energy Midwest, LP of Southwest Power Pool, Inc.’s Open Access Transmission Tariff § 7.4.1(4) by submitting bids for Transmission Congestion Rights at Electronically Equivalent Settlement Locations.||August 2014–March 2015|
* Indicates that the investigation has been resolved through settlement. See Civil Penalty Actions for more information.