Vanguard
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Industry trade groups warned FERC against passing more stringent restrictions on investment funds’ shares in the power industry, but consumer advocates and Republican state attorneys general urged it to move forward with rule changes.
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FERC opened an inquiry into whether it should continue to grant blanket authorizations for holding companies to purchase public electric utility securities.
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Vanguard’s request for an extension of its authorization to procure utility securities went into effect as FERC’s commissioners apparently split 2-2.
Earth Quaker Action Team
Red state AGs asked FERC to reject Vanguard’s request for a waiver allowing it to acquire large stakes in utilities, citing Vanguard’s climate activism.
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