The Federal Energy Regulatory Commission (FERC) has started a proceeding to investigate whether J.P. Morgan Investment Management Inc. should be considered an affiliate of Mankato Energy Center, LLC and Mankato Energy Center II, LLC. This inquiry is under section 206 of the Federal Power Act to ensure fair transactions and protect the public interest. Interested parties can intervene or express their views by filing with FERC within 21 days from the order's issue date. Due to the ongoing COVID-19 pandemic, FERC encourages electronic submissions, and access to their Public Reference Room is currently suspended.
Simple Explanation
The government is checking if a big bank, J.P. Morgan, is too closely connected to some energy companies in a way that might not be fair. People can say what they think about it by sending messages online.