Revise Non-Compliance Level Descriptions and Incorporate Compliance Sanctioning Guidelines Framework (SE-55)
Through a stakeholder initiative (SE-34), sanctioning guidelines were developed and went into effect on June 11, 2007. The IESO is seeking to amend the enforcement market rules (Chapter 3, Section 6) to incorporate the major elements of the sanctioning guidelines into the market rules. These guidelines include the framework to be used by the IESO to establish a financial penalty greater than the level penalty amounts prescribed in the current market rules, but less than $1 million.
The goal of the stakeholder engagement plan is to gather feedback on the proposed market rule amendment.
Working Sessions and Proposed Activities
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