Public Utility Holding Company Act of 2005 (PUHC 2005), Pub. L. No.109-58, §§1261-1277, 119 Stat. 972 (2005), 42 U.S.C. §15801 note, §§16451-16463- This link opens in a new window
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The Energy Policy Act of 2005 (EPAct) repealed Public Utility Holding Company Act 1935 (administered by the U.S. Securities and Exchange Commission (SEC)), thus revoking the SEC's authority to oversee mergers and other transactions of public utility holding companies. In EPAct, Congress adopted new language concerning regulation of holding companies. This new language is often referred to as the Public Utility Holding Company Act of 2005 (PUHCA 2005).
PUHCA 2005 expands the authority of the FERC to oversee transactions and other financial activities of public utility holding companies through grants of access to those companies' books and records.
Source: Adam Vann, Cong. Research Serv., RL33739, "The Repeal of the Public Utility Holding Company Act of 1935 (PUHCA) and Its Impact on Electric and Gas Utilities" at 2 (2006).