Negotiated Settlements

In some circumstances, MACD may enter into a voluntary negotiated settlement with a Market Participant, rather than issuing formal enforcement actions such as the imposition of a financial penalty. MACD's main objective is to secure the best possible outcomes for both reliability and the market, rather than the enforcement of the rules for its own sake. Accordingly, it may consider whether an alternative resolution, which typically includes a range of mitigation and/or remedial features, is preferable.

Below is a list of negotiated settlements agreed upon by MACD.