Section Env-A 4805.01 - Auction and Secondary Market Monitoring(a) The department shall direct the regional organization to engage a professional independent auction monitor, such as a certified public accounting firm or similar entity, to observe and report on the conduct and outcome of each auction.(b) The auction monitor shall: (1) Monitor each CO2 allowance auction;(2) Monitor allowance market data and information, including allowance transactions and associated pricing reported in the CO2 allowance tracking system and other relevant data and information; and(3) Develop and apply data collection methods, metrics, and analytic techniques, and thresholds for identifying any bidding behavior or activity that might have a significant impact on the efficiency and performance of such auctions, including, but not limited to, collusion, market power, or price manipulation.N.H. Code Admin. R. Env-A 4805.01
#9284, INTERIM, eff 10-1-08, EXPIRED: 3-30-09
New. #9445, eff 4-3-09; ss by #10470, eff 1-1-14