NPRR #552 · Revision Request
NPRR552 Additional Counter-Party Criteria
ReasonTo ensure that ERCOT remains in compliance with the terms of the CFTC Final Order.
Created2013-07-18
Approved2013-09-17
Sections Affected
16.16.122J
Summary
Under the CFTC’s "Final Order on RTO and ISO Exemption for Certain Specified Transactions" issued in response to the ISO/RTO Joint Application for Exemption (Final Order), to be eligible for the exemption, applicable transactions must be entered into by persons who are either "appropriate persons" or "eligible contract participants" as defined in the CEA, or that meet other conditions as defined in the Final Order. This NPRR incorporates these requirements into the Protocols and mandates an annual certification by Counter-Parties that they are in compliance.
Action Log 3 milestones
-
Jul 18
PRSRecommended for Approval→ TAC for consideration
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Sep 5
TACRecommended for Approval→ ERCOT Board for consideration
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Sep 17
BOARDApproved
Amendments
| Date | Body | Motion | Result |
|---|---|---|---|
| Sep 5 '13 | TAC | To recommend approval of NPRR552 as recommended by PRS in the 7/18/13 PRS Report and as amended by the 8/15/13 ERCOT comments | Passed |
Documents 9
| Name | Type | Posted | Classification |
|---|---|---|---|
| 552NPRR-01 Additional Counter-Party Criteria 070313 | doc | Jul 3 '13 | Revision Request |
| 552NPRR-02 Impact Analysis 070313 | doc | Jul 3 '13 | Staff Report |
| 552NPRR-03 WMS Comments 071113 | doc | Jul 11 '13 | Revision Request Comments |
| 552NPRR-04 ERCOT Comments 071713 | doc | Jul 17 '13 | Revision Request Comments |
| 552NPRR-05 PRS Report 071813 | doc | Jul 22 '13 | Committee Report |
| 552NPRR-06 CWG Comments 080113 | doc | Aug 1 '13 | Revision Request Comments |
| 552NPRR-07 ERCOT Comments 081513 | doc | Aug 15 '13 | Revision Request Comments |
| 552NPRR-08 TAC Report 090513 | doc | Sep 5 '13 | Committee Report |
| 552NPRR-09 Board Report 091713 | doc | Sep 18 '13 | Committee Report |
Meetings That Took It Up 5
| Date | Meeting | Committee | Status |
|---|---|---|---|
| Sep 17 '13 | Board of Directors Meeting | BOARD | Concluded |
| Sep 5 '13 | Technical Advisory Committee (TAC) Meeting | TAC | Concluded |
| Jul 31 '13 | Joint Credit Working Group (CWG)/Market Credit Working Group (MCWG) Meeting | CREDITWG | Concluded |
| Jul 18 '13 | Protocol Revision Subcommittee (PRS) Meeting | PRS | Concluded |
| Jul 10 '13 | Wholesale Market Subcommittee (WMS) Meeting | WMS | Concluded |