Companies across the energy industry turn to Jeremy Medovoy – the former top-ranking enforcement attorney at the Federal Energy Regulatory Commission (FERC) – for insight and counsel on high-stakes energy enforcement and compliance matters.

Drawing on his broad senior leadership roles in FERC’s Office of Enforcement, Jeremy represents energy companies in investigations, audits, and surveillance inquiries before FERC, the Commodity Futures Trading Commission (CFTC), the North American Electric Reliability Corporation (NERC), and market monitors in the organized electric markets. He also represents clients in related litigation. Jeremy’s deep understanding of FERC’s enforcement framework also proves valuable to clients on compliance program development and training, self-reporting advice, and energy transaction risk mitigation. His experience spans the electric and natural gas industries and involves all FERC’s enforcement priority areas, including market manipulation, electric reliability, and infrastructure projects. Jeremy provides unique insight into the factors and priorities FERC and its staff consider in determining whether to pursue alleged violations and what sanctions and remedies to seek for them.

During his time in FERC’s Office of Enforcement, including as the office Deputy Director, Jeremy oversaw all aspects of the agency’s enforcement program, including investigations, audits, enforcement actions, and federal court litigation involving alleged violations of federal energy laws. He coordinated closely on matters with other federal agencies and industry stakeholders, including CFTC, NERC, market monitoring units, and commodity exchanges. Throughout his tenure, he was instrumental in shaping FERC’s enforcement policy and leading high-profile enforcement actions that have influenced the regulatory landscape. He led FERC’s development of its Penalty Guidelines and served as the agency’s subject matter expert on energy market manipulation.

Jeremy is active in the Energy Bar Association, serving as Co-Vice Chair of the Professional Education Council and on the Board of Directors of the Foundation of the Energy Law Journal. He frequently speaks at industry conferences on a wide range of topics related to energy enforcement and compliance issues.

McGuireWoods

  • Advise energy companies on FERC investigations, accounting audits, and trading surveillance inquiries.
  • Provide self-reporting advice to energy companies, including public utilities, public power entities, demand response companies, and commodity trading firms.
  • Advise energy trading firms on development of effective compliance monitoring tools and practices.
  • Advise clients on development of effective FERC compliance programs and provide employee and executive training on energy enforcement and compliance issues.
  • Provided strategic advice to energy trading firm on FERC surveillance inquiry into natural gas trading.
  • Successfully represented large public utility on market monitor inquiry into generator outage in organized electric market.

FERC’s Office of Enforcement

  • Led the development of FERC’s Penalty Guidelines in 2010, establishing a framework for determining civil penalties for rule violations.
  • Drafted the FERC Staff White Paper on Anti-Market Manipulation Enforcement Efforts and contributed to the White Paper on Effective Energy Trading Compliance Practices, providing industry guidance on the law of energy market manipulation and compliance best practices (2016).
  • Served as FERC’s first-ever Rule 30(b)(6) witness in a district court enforcement action, testifying on 39 topics related to market manipulation, penalty guidelines, tariff compliance, demand response markets, and FERC’s decision-making process (2017).
  • Led reforms to FERC’s settlement authority process in 2024, transferring settlement negotiation authority from the Commission to the Office of Enforcement Director.
  • Led efforts to Integrate audits of NGPA Section 311 natural gas pipelines into the Office of Enforcement’s annual audit plan, expanding regulatory oversight (2023).
  • Led implementation of FERC’s decision to rescind policy of issuing Notices of Alleged Violations during investigations, advising leadership on the policy implications (2019).

Events

  • Panelist, "CFTC and FERC Enforcement," FIA Commodities Conference, October 7, 2025
  • Panelist, "Fireside Chat: Enforcement Trends in Energy Markets," Energy Trading Institute 2025 Conference: Balancing Reliability, Load Growth, and Affordability in the Energy Sector, September 18, 2025
  • Panelist, "EPAct 2005 at Twenty: Looking Back (and Ahead) at the Long-Term Impacts of the Defining Energy Law of the Early 2000s," Energy Unleashed: Infrastructure, Innovation, and Policy Integration, Energy Bar Association, May 2, 2025
  • Moderator, "Enforcers Panel," 2025 Enforcers and Defenders Forum, Energy Bar Association, April 2, 2025
  • Panelist, "FERC Enforcement," FIA Forum: Commodities 2024, September 2024
  • Panelist, "FERC Enforcement," Nodal Trader Conference, October 2023
  • Panelist, "What’s New at FERC," FIA Forum: Commodities 2023, September 2023
  • Panelist, "Enforcers Panel," Energy Bar Association Enforcers and Defenders Forum, March 2023
  • Panelist, "Enforcement Matters: The Trading Community and Enforcement Working Together to Ensure Healthy, Self-Policing Markets," Energy Trading Institute Conference, May 2022
  • Panelist, "Reflections on FERC's Civil Penalty Guidelines," Energy Bar Association Enforcers and Defenders Forum, March 2022
  • Speaker, "Energy Trading Compliance and Regulatory Enforcement," Practicing Law Institute, January 2019
  • Panelist, "Ethical Issues Posed by Whistleblowers in Internal Investigations & Compliance Programs," Energy Bar Association Annual Meeting, May 2018