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Energy Bulletin: FERC Proposes New Financial ReportingRequirements

By William J. Harmon of Jones Day

Federal Energy Regulatory Commission (?FERC?) on June 25, 2003 proposed sweeping new reporting requirements for FERC-regulated entities. FERC asserts that its proposed rules will make financial and operational data available at the operating company level on a timely basis and that the data, all prepared in accordance with FERC?s Uniform System of Accounts, will make comparison among jurisdictional entities easier.


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