Title 16, ConservationRelease 119-110
§824v Prohibition of Energy Market Manipulation
Title 16 › CHAPTER 12 — FEDERAL REGULATION AND DEVELOPMENT OF POWER › SUBCHAPTER II — REGULATION OF ELECTRIC UTILITY COMPANIES ENGAGED IN INTERSTATE COMMERCE › § 824v
Summary
It is illegal for any entity, including entities listed in section 824(f), to use tricks, schemes, or misleading practices—directly or through others—when buying or selling electric energy or transmission services the Commission regulates. The Commission can make rules to protect the public and electric ratepayers; definitions follow 15 U.S.C. 78j(b). No one gets a private right to sue under this rule.
Full Legal Text
Title 16, §824v
Conservation, Source: USLM XML via OLRC
(a)In general
It shall be unlawful for any entity (including an entity described in section 824(f) of this title), directly or indirectly, to use or employ, in connection with the purchase or sale of electric energy or the purchase or sale of transmission services subject to the jurisdiction of the Commission, any manipulative or deceptive device or contrivance (as those terms are used in section 78j(b) of title 15), in contravention of such rules and regulations as the Commission may prescribe as necessary or appropriate in the public interest or for the protection of electric ratepayers.
(b)No private right of action
Nothing in this section shall be construed to create a private right of action.
Reference
Citations & Metadata
Citation
16 U.S.C. § 824v
Title 16, Conservation
Last Updated
Sep 22, 2026
Release point: 119-110