|
|
Enron Mail |
It looks like you will need to get whatever documentation Leslie had sign for
those in place with these. I know she has this problem with the service companies to the utilities. ----- Forwarded by Tana Jones/HOU/ECT on 08/30/2000 09:17 AM ----- Rhonda L Denton 08/30/2000 09:14 AM To: Shari Stack/HOU/ECT@ECT cc: Tana Jones/HOU/ECT@ECT, Kim S Theriot/HOU/ECT@ECT Subject: Re: EOL Credit Responses 08/29/00 I don't understand. We were dealing with Ameren Services Company, who had been approved to trade online and they are the agent for Union Electric Company and Central Illinois Public Service. Now they want to trade as another agent, for Union Electric and other affiliates. Why are we not going to allow them to trade online?. Leslie has approved them to trade over the counter under this name. SHARI STACK 08/29/2000 05:28 PM To: Tana Jones/HOU/ECT@ECT cc: Leslie Hansen/HOU/ECT@ECT, Rhonda L Denton/HOU/ECT@ECT Subject: Re: EOL Credit Responses 08/29/00 Thanks for this. Please consider "Ameren Energy, Inc. as agent" declined by Legal. ----- Forwarded by Shari Stack/HOU/ECT on 08/29/2000 05:27 PM ----- Tana Jones 08/29/2000 05:26 PM To: Shari Stack/HOU/ECT@ECT cc: Subject: Re: EOL Credit Responses 08/29/00 I just had this conv. w/Mark and Marcus Nettleton today about parties acting as agent, or in some fiduciary capacity online. What I am being told is that the system is set up for parties to only act as principals for online trading. It does not deal with agent, fiduciary or similar relationships. The only exception to this rule so far has been GPU where they had an agency relationship with 3 utilities, on the power side, where Leslie had some specific documentation that she got signed. But I am told should not be entering into transactions with counterparties as anything other than principals, except under extraordinary circumstances. Shari Stack 08/29/2000 05:04 PM To: Tana Jones/HOU/ECT@ECT cc: Rhonda L Denton/HOU/ECT@ECT, Leslie Hansen/HOU/ECT@ECT Subject: Re: EOL Credit Responses 08/29/00 Tana: "Ameren Energy, Inc. as agent": On hold til I speak with Leslie. I imagine they will need to sign our std. Consent & Acknowledgement form which allows them act as agent. It would be helpful to know for whom they are acting as agent. Do you know this? ************************** The following CPs are not authorized to trade US power products: Ameren Service Company - Restricted by Credit Oglethorpe Power Corporation.- Not a current CP/Not FERC approved Curbell, Inc. - Restricted by Credit Thanks, Shari
|