Comment Text:
This is supplemental information supporting the CFTC adopting regulations over the energy swap markets currently regulated by the Federal Energy Regulatory Commission (FERC) based on the FERC's inability to: (i) reduce systemic risk, (ii) increase transparency, and (iii) promote market integrity.
I have attached as evidence in support of such regulations an objection to a Freedom of Information Act (FOIA) request from the California Attorney General for protection of competitive market information by PPL Montana LLC and PPL EnergyPlus LLC which information is from the 2000-1 energy crisis.
The lack of transparency in the energy swap markets currently regulated by the FERC demonstrates that under the current FERC regulatory regime even the State's Attorney General can not have access to important evidence necessary for the AG to prosecute their case that is more than 10 years old; i.e., California energy crisis data.
