The US Federal Energy Regulatory Commission (Ferc) is to issue a set of marketbehaviour rules it says will “help prevent market abuse, provide a morestable market-place and create an environment that will attract needed investmentcapital”. Ferc also says the rules are intended to alert sellers to varioustypes of prohibited behaviour, and that they “contain the breadth and flexibilityto address new and unanticipated activities as they may arise.”

It’s about time, market participants agree