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Matt Connolly, a senior associate in Nutter’s Litigation Department, commented on FERC v. City Power Marketing in RTO Insider. In the article, “Trader Agrees to Pay $2.7M in Win for FERC,” Matt analyzed the significance of trader Stephen Tsingas agreeing to pay $2.7 million in penalties and restitution in a deal with FERC’s Office of Enforcement that will also bar him from trading in commission-jurisdictional markets for three years. According to Matt, “FERC would not have been able to pursue this remedy had the court decided the case on the merits.”