Kourouma v. Federal Energy Regulatory Commission

Opinion for the Court filed by Circuit Judge GRIFFITH.

GRIFFITH, Circuit Judge:

In a summary disposition, the Federal Energy Regulatory Commission (FERC) ordered energy trader Moussa Kourouma to pay a $50,000 civil penalty because he had made false statements and material omissions in forms he filed with the Commission and a market operator the Commission regulates. For the reasons set forth below, we deny Kourouma’s challenge to the order.

I

The Federal Power Act (FPA) grants FERC the authority to regulate the activity of traders who participate in energy markets. See 16 U.S.C. §§ 791a-825r. To…