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Violation Tracker Individual Record

Company: Pacific Summit Energy LLC
Penalty: $514,623
Year: 2023
Date: June 30, 2023
Offense Group: competition-related offenses
Primary Offense: energy market violation
Violation Description: The Agreement resolves the investigation conducted under Part 1b of the Commission's regulations, 18 C.F.R. Part 1b (2022), into whether Pacific Summit engaged in a related-positions fraudulent scheme involving physical trading at Transco Zone 6 for the purpose of benefiting related financial positions during the October 2017 Bidweek (September 25-29, 2017), in violation of section 4A of the Natural Gas Act (NGA), 15 U.S.C. § 717c-1 and the Commission's Anti-Manipulation Rule, 18 C.F.R. § 1c.1 (2022).
Level of Government: federal
Action Type: agency action
Agency: Federal Energy Regulatory Commission
Civil or Criminal Case: civil
Source of Data: (click here)
Source Notes: If an online information source is not working, check the Violation Tracker Data Sources page for an updated link.
Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.