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Fulbright & Jaworski L.L.P.

Peggy Heeg, Heeg, Peggy Hegg, Hegg, Fulbright & Jaworski L.L.P., Fulbright & Jaworski, Fulbright and Jaworski, Fulbright, energy law, department of justice, SEC compliance and enforcement, corporate governance, internal investigations, FERC, natural gas, contested proxy matters, class action litigation, Houston, University of Louisville School of Law, university of louisville, louisville
Peggy A. Heeg - Fulbright & Jaworski LLP
Peggy A. Heeg
Partner
D: +1 713 651 8443
Houston
Fulbright Tower
1301 McKinney
Suite 5100
Houston, TX 77010-3095
T: +1 713 651 5151
F: +1 713 651 5246
"Committed to Client Service"
AREAS OF CONCENTRATION
  • Ethics and Compliance Programs
  • FERC
  • CFTC
EXPERIENCE

Peggy Heeg is co-chair of Fulbright's Corporate Governance Practice Group, a member of Fulbright's Energy Practice Group and a member of Fulbright's Executive Committee. Peggy combines her knowledge of the energy industry with her understanding of energy regulation to defend and provide strategic advice on a broad array of complex governance, business and enforcement matters.

Peggy has extensive experience representing energy companies, individuals and special committees in conducting internal investigations related to corporate malfeasance, market manipulation, regulatory compliance, whistleblower allegations and related party transactions. Drawing on this experience, Peggy assists clients in designing regulatory compliance programs to meet the requirements of energy regulators and the U.S. Sentencing Commission protocols with a focus on energy trading and derivatives.

REPRESENTATIVE EXPERIENCE
  • Representation of energy companies in Dodd-Frank implementation
  • Representation of independent board committees of master limited partnerships in related party transactions
  • Representation of an energy company in regulatory investigation
  • Development of anti-market manipulation compliance and training program
  • Development of a comprehensive regulatory compliance program
  • Representation of Audit Committee in whistleblower investigation
PROFESSIONAL ACTIVITIES and MEMBERSHIPS
  • American Bar Association
  • State Bar of Texas
  • Energy Bar Association
  • National Association of Corporate Directors (NACD), Advisory Board Member, Texas TriCities Chapter
PROFESSIONAL HONORS
  • Chambers Global, United States - Energy: Oil & Gas (Regulatory & Litigation) (2011)
  • Chambers USA, Nationwide - Energy: Oil & Gas (Regulatory & Litigation) (2008 - 2011)
  • "Super Lawyer," Energy & Natural Resources
  • Best Lawyers in America, Corporate Governance & Compliance (2007 - 2012)
  • Best Lawyers in America, Energy (2007 - 2011)
PUBLICATIONS
  • Co-author with Jeffrey Allen Sherman, Michael Loesch, Lui Chambers and Rabeha Kamaluddin, "CFTC Publishes Final Rules on Position Limits: Limited Comment Period Closes on January 17, 2012," Fulbright Briefing, December 8, 2011
  • Author, "Compliance In A New Era Of Energy Market Manipulation Oversight," International Research Center for Energy and Economic Development, Occasional Papers: Number Forty-Four
  • Co-author, "Large Swaps Trader Reporting Rules Become Effective and CFTC Grants Temporary Relief from Certain Obligations," Fulbright Financial Reform Task Force, September 2011
  • Co-author, "CFTC Outlines Derivatives Reform Agenda and Proposes Rules Phasing in Clearing, Trade Execution, Swap Trading Documentation, and Margin Requirements," Fulbright Financial Reform Task Force, September 2011
  • Co-author, "CFTC Adopts Final and Proposed Rules Implementing Dodd-Frank - Addresses Challenges and Timing of Dodd-Frank Implementation," Fulbright Financial Reform Task Force, July 2011
  • Co-author, "CFTC Issues Final Order Granting Temporary Relief from Dodd-Frank Swaps Regulation, Fulbright Financial Reform Task Force, July 2011
  • Co-author, "CFTC Adopts Final Anti-Manipulation and Anti-Fraud Rules & Begins Final Rulemaking Phase Implementing Dodd-Frank," Fulbright Financial Reform Task Force, July 2011
  • Co-author, "CFTC Issues Proposed Rules Defining Swaps and Swap Dealer Capital Requirements, Winds down Rule Writing Proposal Phase of Derivatives Reform and Reopens Public Comment Period," Fulbright Financial Reform Task Force, April 2011
  • Author, "Whistleblower Bounty - The Biggest Management Challenge In Financial Reform?," Texas CEO Magazine, Jan/Feb 2011
  • Co-author, "In Tenth Dodd-Frank Meeting, CFTC Proposes Subjecting Agricultural Swaps and Commodity Options to Swaps Regulatory Framework," Fulbright Financial Reform Task Force, January 2011
  • Co-author, "CFTC Adopts Position Limit Proposal at Ninth Open Meeting Implementing Dodd-Frank," Fulbright Financial Reform Task Force, January 2011
  • Co-author, "CFTC Approves Proposed Rulemaking Providing for Broad "End-User" Exemption from Mandatory Clearing of Swaps," Fulbright Financial Reform Task Force, December 2010
  • Co-author, "CFTC Approves Proposed Rulemaking Defining Key Terms During Sixth Meeting on Dodd-Frank Implementation," Fulbright Financial Reform Task Force, December 2010
  • Co-author, "CFTC Holds Open Meeting on Fifth Series of Proposed Rules Under the Dodd-Frank Act," Fulbright Financial Reform Task Force, November 2010
  • Co-author, "Update on CFTC's Fourth Series of Proposed Rules Under Dodd-Frank," Fulbright Financial Reform Task Force, November 2010
  • Co-author, "CFTC's 3rd Series of Proposed Rules Under Dodd-Frank: Proposed Manipulation Rules and Disruptive Trading Practices Concept Release Issued," Fulbright Financial Reform Task Force, November 2010
  • Co-author, "CFTC Issues Four Proposed Rules: Addressing Swap Position Reports, the Definition of "Agricultural Commodity" and Consumer Privacy," Fulbright Financial Reform Task Force, October 2010
  • Co-author, "CFTC Issues interim Final Rule Establishing Swap Reporting and Record Retention Obligations," Fulbright Financial Reform Task Force, October 2010
  • Co-author, "CFTC Directs Retention of Records Relating to Swaps Entered Into Prior to July 21, 2010 and Delays Deadline For Reporting Transactions," Fulbright Financial Reform Task Force, October 2010
  • Co-author, "Top Ten Considerations For Energy Companies In Financial Reform Legislation," Fulbright Financial Reform Task Force, July 2010
  • Co-author, "A New Era for Swaps Regulation," Fulbright Financial Reform Task Force, July 2010
  • "Oil & Gas Compliance in a New Era of FERC and CFTC Oversight, " Fulbright - Energy, March 2010
SPEECHES
  • Co-presenter, "The Dodd-Frank Act: Understanding U.S. Derivatives Reform," LEAP 2011 General Membership Meeting - London, UK, September 2011
  • Co-presenter, "Managing the Compliance Risk of Energy Trading," Fulbright & Jaworski L.L.P, September 2010
  • Co-presenter, "Interpreting the Dodd-Frank Wall Street Reform and Consumer Protection Act," NACD Breakfast Program, Fall/Winter 2010
  • Co-presenter, "The Financial Reform Bill and What It Means to Energy Companies," Fulbright & Jaworski L.L.P. - Dodd-Frank Task Force Web Seminar, August 2010
  • "Energy Trading Compliance," Key Insights Regarding Energy Trading Compliance, Energy Web Seminar, June 2009
  • "Fostering A Successful Compliance Culture," FERC Gas Compliance Conference, Washington, DC, June 2009
  • "Navigating the Obstacle Course: Regulatory Challenges in the Energy Industry - So Much to Comply With - So Little Time," Legal Issues in the Energy Industry Conference, Houston, Texas, May 2009
EDUCATIONAL BACKGROUND

1986 - J.D., The University of Louisville School of Law
1983 - B.A., Political Science, The University of Louisville

CIVIC INVOLVEMENT
  • United Way of Greater Houston
    • Board of Trustees (2008 - 2011)
    • Audit Committee member (2008 - 2011)
  • DePelchin Children's Center
    • Board of Directors (2000 - 2006, 2008 - 2010)
    • Executive Committee member (2004 - 2005)
    • Finance Committee member (2003 - 2010)
    • Kezia DePelchin Society member
  • Families with Children from China, Houston Chapter






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