Application to ISO Rules – Penalty Escalation
The AUC seeks stakeholder feedback on revisions to AUC Rule 019: Specific Penalties for Contravention of ISO Rules (“Rule 019”) proposed by the Market Surveillance Administrator (“MSA”).
The AUC proposes to accept the following MSA-recommended amendments to Rule 019:
Rule 019 would apply to all independent system operator (“ISO”) rules;
the three categories of contraventions be collapsed into one category; and
the penalty escalation found in the Category 1 table be the one used to determine the penalty amount for subsequent contraventions of the same ISO rule.
The AUC review of Rule 019 will consist of a stakeholder consultation involving a written process.