Title 16ConservationRelease 119-73not60

§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

Last updated Apr 5, 2026|Official source

Summary

Makes it illegal for any entity (including types listed elsewhere in the law) to use fake or deceptive methods, directly or indirectly, when buying or selling electric power or when buying or selling transmission services that the Commission regulates. The Commission can make rules it thinks are needed to protect the public interest or people who pay electric bills. No private right to sue is created by this rule; private parties cannot bring lawsuits under it.

Full Legal Text

Title 16, §824v

Conservation — Source: USLM XML via OLRC

(a)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)Nothing in this section shall be construed to create a private right of action.

Reference

Citations & Metadata

Citation

16 U.S.C. § 824v

Title 16Conservation

Last Updated

Apr 5, 2026

Release point: 119-73not60