Message-ID: <22652691.1075851045917.JavaMail.evans@thyme> Date: Wed, 13 Jun 2001 02:14:00 -0700 (PDT) From: lisa.yoho@enron.com To: steven.kean@enron.com, richard.shapiro@enron.com, mark.haedicke@enron.com, james.steffes@enron.com, linda.robertson@enron.com, sarah.novosel@enron.com, christi.nicolay@enron.com Subject: EOL Regulation - CFTC or FERC? Cc: maureen.mcvicker@enron.com, ginger.dernehl@enron.com, lora.sullivan@enron.com Mime-Version: 1.0 Content-Type: text/plain; charset=us-ascii Content-Transfer-Encoding: 7bit Bcc: maureen.mcvicker@enron.com, ginger.dernehl@enron.com, lora.sullivan@enron.com X-From: Lisa Yoho X-To: Steven J Kean, Richard Shapiro, Mark Taylor/Enron@EnronXGate, Mark E Haedicke, James D Steffes, Linda Robertson, Sarah Novosel, Christi L Nicolay X-cc: Maureen McVicker, Ginger Dernehl, Lora Sullivan X-bcc: X-Folder: \Steven_Kean_Oct2001_2\Notes Folders\Attachments X-Origin: KEAN-S X-FileName: skean.nsf As a follow up to Jim's note, a meeting has been scheduled for Tuesday, June 19th at 9:00 a.m. to discuss federal oversight over: (1) EOL; (2) physical energy products; and (3) financial energy products. An agenda for the meeting is attached. The meeting will be held in EB47c1. Lisa ----- Forwarded by Lisa Yoho/NA/Enron on 06/13/2001 08:56 AM ----- James D Steffes 06/06/2001 05:45 PM To: Steven J Kean/NA/Enron@Enron, Richard Shapiro/NA/Enron@Enron, Mark E Haedicke/HOU/ECT@ECT, Mark Taylor/HOU/ECT@ECT, Lisa Yoho/NA/Enron@Enron, Sarah Novosel/Corp/Enron@ENRON, Linda Robertson/NA/Enron@ENRON, Christi L Nicolay/HOU/ECT@ECT cc: Subject: EOL Regulation - CFTC or FERC? As you are all probably aware, FERC staff will be conducting a visit to Enron next Monday to discuss EOL and electronic trading's role in the energy markets. Dave Forester, Kevin Presto, and Phillip Allen will be giving presentations about the EOL platform, power trading, and gas trading, respectively. In preparing for the meetings, the issue of which agency, CFTC or FERC, regulates the EOL platform and any energy related financial products sold by Enron (everyone agreed that physical deals through EOL were FERC jurisdictional) came up. It is unclear about Enron's current position. While there is a strong case that both the EOL platform and any energy related financial products are regulated by the CFTC, some people believed that Enron had previously informed FERC that they were the "appropriate" agency for the energy related financial products. We do not intend to make an issue of this topic with the FERC staff on Monday, but rather wanted to make sure that everyone was on the same page going forward. Please let me know if we need to have a meeting to bring this to closure. Jim