(a) Hearings under this chapter may be held before the Commission, any member or members
thereof or any representative of the Commission designated by it, and appropriate
records thereof shall be kept. In any proceeding before it, the Commission, in accordance with such rules and regulations
as it may prescribe, may admit as a party any interested State, State commission,
municipality, or any representative of interested consumers or security holders, or
any competitor of a party to such proceeding, or any other person whose participation
in the proceeding may be in the public interest.
(b) All hearings, investigations, and proceedings under this chapter shall be governed
by rules of practice and procedure to be adopted by the Commission, and in the conduct
thereof the technical rules of evidence need not be applied. No informality in any hearing, investigation, or proceeding or in the manner of
taking testimony shall invalidate any order, decision, rule, or regulation issued
under the authority of this chapter.
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