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FTC RIN: 3084-AB12 Publication ID: Fall 2008 
Title: ●Prohibitions On Market Manipulation and False Information in Subtitle B of the Energy Independence and Security Act of 2007  
Abstract: Section 811 of the Energy Independence Security Act, which became effective on December 19, 2007, prohibits any manipulative or deceptive device or contrivance in connection with the wholesale purchase or sale of crude oil, gasoline, or other petroleum distillates in contravention of such rules or regulations as the Commission may prescribe. Section 813 specifies the methods of enforcing such a rule. On May 1, 2008, the Commission announced an ANPRM requesting comments on the manner in which it should carry out its responsibilities under this section. 73 FR 25614 (May 7, 2008). The extended comment period ended June 23, 2008. 73 FR 32259 (June 6, 2008). After considering the comments, the Commission issued an NPRM on August 19, 2008. 73 FR 48317. The comment period, as extended, closed on October 17, 2008. The Commission hosted a 1-day public workshop on November 6, 2008, in Washington, DC, that discussed the ongoing petroleum market manipulation rulemaking proceeding. 73 FR 53394. 
Agency: Federal Trade Commission(FTC)  Priority: Other Significant 
RIN Status: First time published in the Unified Agenda Agenda Stage of Rulemaking: Proposed Rule Stage 
Major: Undetermined  Unfunded Mandates: Undetermined 
CFR Citation: To be codified at 16 CFR 317     (To search for a specific CFR, visit the Code of Federal Regulations.)
Legal Authority: The Energy Independence and Security Act, codified at 42 USC 17301 to 17305   
Legal Deadline:  None
Timetable:
Action Date FR Cite
ANPRM  05/07/2008  73 FR 25614   
ANPRM Comment Period End  06/06/2008    
NPRM  08/19/2008  73 FR 48317   
NPRM Comment Period Extended  09/16/2008  73 FR 53393   
NPRM Comment Period End  09/18/2008    
NPRM Comment Period End Extended To  10/17/2008    
Public Workshop  11/06/2008    
Commission Action  12/00/2008    
Regulatory Flexibility Analysis Required: Undetermined  Government Levels Affected: Undetermined 
Small Entities Affected: Businesses  Federalism: Undetermined 
Included in the Regulatory Plan: No 
RIN Data Printed in the FR: No 
Agency Contact:
James Mongoven
Deputy Assistant Director, Policy and Coordination, Bureau of Competition
Federal Trade Commission
600 Pennsylvania Avenue NW,
Washington, DC 20580
Phone:202 326-2879
Email: jmongoven@ftc.gov