While the MLPA’s federal activities are primarily concerned with maintaining and improving the tax treatment of MLPs, there are times when other regulatory agencies take actions that single out MLPs or are of particular interest to them. At such times, the MLPA will monitor and report to its members, and if the issue is important enough, may submit comments to the appropriate agency or take other action. In recent years, there have been two non-tax areas where the MLPA has chosen to become involved: rate regulation for interstate pipelines owned by MLPs by the Federal Energy Regulatory Commission (FERC) and regulation of short sale prices by the Securities and Exchange Commission (SEC).

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