fw bingaman draft transparency amendment ideas louise lisa yoho suggested forward attached e mail yesterday conversation linda robertson transparency issue apologies including original distribution list done comments welcome john shelk original message shelk john sent tuesday september 11 2001 9 51 robertson linda long chris shapiro richard yoho lisa briggs tom nicolay christi l steffes james subject bingaman draft transparency amendment ideas last night linda spent fairly long time leon lowery chairman bingaman chief electricity advisor discuss concerns transparency market based rate language time commending transmission access language draft strategizing support chairman regard made progress transparency less market based rates transparency leon understands concerns nutshell seemed amenable amending langauge avoid result divulge transaction specific trade specific information persuaded leon impact initial language although initially said details would left ferc persuaded data provided must aggregate form also impressed said intent leave details ferc details left ferc set statute leon strongly advised seek craft language consistent exchange makes changes draft needed make necessary corrections make easier leon navigate internal waters staff sam fowler th chief counsel drafting stickler others obviously weigh review facilitate internal comments need get back leon today take mind new sec 218 b added fpa bill sec 413 pg 13 information required would rewrite paragraph 2 follows 2 broker exchange market making entity matches offers sell offers buy wholesale electric energy interstate commerce provide aggregate statistical information sales electric energy wholesale interstate commerce effect language change drop reference sale prices sale electric energy leaving aggregate statistical information give ferc maximum flexibility permit indexes etc timely basis information release subsection c alternatives sent yesterday would require done internet end trading day restrict aggregate data question arises whether want concede would done daily suggests data collected would would want think take might suggest revision language give ferc leeway c timely basis commission shall require information required subsection b posted internet updated frequently practicable appropriate change add appropriate ferc consider whether posting practicable use appropriate came mind perhaps word phrase like consistent promote competition way saying policy considerations practicability valid purpose established data released would argue language commercially sensitive information goes exempting disclosure disclosure appropriate please let thoughts although tragedy nyc dc underway probably make day transact business hill provide report market based rates sum leon sympathetic issue asked ideas arguments sense leon personally feels strongly moving fpa linkage competitive markets argument market participants everything book result still uncompetitive markets pushed penalizing us answer increasing regulatory uncertainty deals help keep prices leon clearly intend language punish enron others might agree done things keeping competitive markets