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Article: FERC Clarifies Its Jurisdiction Under Section 203(a)(2) of the Federal Power Act and Filing Requirements Under the Public Utility Holding Company Act of 2005.
- Article from:
- Mondaq Business Briefing
- Article date:
- November 25, 2008
CopyrightCOPYRIGHT 2008 Mondaq Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Originally published November 24, 2008
Keywords: Federal Energy Regulatory Commission, FERC, electric utilities, electric utility holding companies, Federal Power Act, Public Utility Holding Company Act, Horizon Asset Management
On November 20, 2008, the Federal Energy Regulatory Commission (FERC) issued two important orders relevant to investment companies, advisers, and other entities that engage in the acquisition of securities in electric utilities and electric utility holding companies.
In Horizon Asset Management, Inc., 125 FERC [micro] 61,209 (2008) (the "Horizon Order"), FERC clarified its interpretation of the "purchase, acquire or take ...