Managing Risk & Compliance
Pierce Atwood offers power marketing clients several fixed fee service options to help them meet ISO/RTO risk policy requirements and establish internal risk controls associated with energy trading in the ISO/RTO markets.
Risk Policy
We offer an ISO risk policy that has been reviewed by multiple ISOs/RTOs, including PJM and NYISO. Our services cover:
- One federal risk policy covering a company’s trading across several ISOs and multiple affiliates
- Modifications to the policy for a company’s unique needs, structures, and procedures
Compliance Training
We offer an in-person or webinar-based compliance training program for a flat fee plus travel costs if done in-person. Topics include:
- Review of major FERC compliance requirements
- Discussion of current trends in FERC enforcement, including issues to avoid
- Step-by-step review of FERC risk and compliance manuals with traders
Compliance Program Package
We also offer a package that ensures our clients meet requirements for a formal compliance program along with annual compliance training. This package also serves as proof of a robust compliance program as a mitigating factor in the event of a FERC investigation. Our services include:
- Development of a compliance manual, which will set forth the company’s detailed compliance program
- Development of an antitrust manual
- One in-person or webinar-based compliance training (as described above)