FREE Illinois Commerce Commission Accountability and Ethics Questions and Answers

Question 1

Which of the following changes did Commonwealth Edison (ComEd) implement in 2025 as part of its ethics and compliance program?

Accepted Answer

All of the above.

Answer

Updating its Code of Business Conduct and guidelines on political contributions.

Answer

Transitioning executive oversight of the Enterprise Risk Management function.

Answer

Enhancing cybersecurity resources to comply with applicable obligations.

Question 2

What is the role of Ameren's Compliance Committee in the 2025 Annual Ethics Audit?

Accepted Answer

To assess and assign regulatory responsibilities, provide a forum for sharing information, and review compliance issues facing the company.

Answer

To investigate any potential ethics violations and recommend disciplinary actions.

Answer

To conduct the annual compliance risk assessment and report findings to senior management.

Answer

To provide training on the company's Code of Ethics to all employees.

Question 3

What is the purpose of Peoples Gas and North Shore Gas' 2025 annual internal audit?

Accepted Answer

All of the above.

Answer

To test the effectiveness of the company's key internal controls designed by management.

Answer

To review and reconcile all items entered into the company's general ledger.

Answer

To confer with the external auditor, Deloitte & Touche, regarding any internal control deficiencies.

Question 4

Which public utility did not file its annual ethics report with the Illinois Commerce Commission as required by the Climate and Equitable Jobs Act (CEJA)?

Accepted Answer

Mid-American Energy Company

Answer

Commonwealth Edison

Answer

Ameren Illinois Company

Answer

Northern Illinois Gas Company

Question 5

What is the main purpose of the Annual Ethics Audit published by the Illinois Commerce Commission's Office of Accountability and Ethics?

Accepted Answer

To summarize the implementation of the new requirements under the Climate and Equitable Jobs Act (CEJA)

Answer

To provide an overview of the ethics and compliance programs of all public utilities in Illinois.

Answer

To highlight the disciplinary actions taken by public utilities against employees for ethical violations.

Answer

To recommend changes to the ethics and compliance policies of the Illinois Commerce Commission.