Council designates companies as potential threats to financial stability, SEC allows hedge fund advertising, and more…
- The U.S Department of the Treasury’s (Treasury) Financial Stability Oversight Council designated two nonbank financial companies as potential threats to financial stability.
- The Securities and Exchange Commission (SEC) allowed hedge funds and private firms to advertise for money and adopted rules to protect investors from fraud.
- The U.S. Department of Energy issued a rule updating the energy efficiency performance standards for commercial and multi-family residential high rises.
- A House Panel approved a bill that would require the Environmental Protection Agency (EPA) to submit reports of certain rules’ costs and job impacts.
- The Federal Reserve Board (Fed), Federal Deposit Insurance Corporation (FDIC), and the U.S. Office of the Comptroller of the Currency (OCC) proposed a rule on leverage ratios for significant banking organizations.
- The U.S. District Court for the Southern District of New York ruled that Apple conspired to raise the price of e-books.
- The U.S. Department of Health and Human Services’ (HHS) Centers for Medicare and Medicaid Services (CMS) issued a rule on Medicaid eligibility and Medicaid & Children’s Health Insurance.
- The National Oceanic and Atmospheric Administration (NOAA) extended the comment period for the shark finning rule. See related The Regulatory Review essay.
- The Federal Communications Commission (FCC) issued a rule requiring eligible telecommunication carriers to verify eligibility for Lifeline before activating Lifeline services.
- The U.S. Government Accountability Office (GAO) released a report analyzing the Treasury’s use of auctions to sell investments under the Capital Purchase Program.
- The Electronic Privacy Information Center filed an emergency petition to the Supreme Court challenging National Security Agency (NSA) surveillance.
- National farming groups sued to stop the EPA from approving information requests that the groups worry would include farmer’s personal information.
- Wisconsin governor signed a bill that requires women seeking ultrasounds to obtain an ultrasound beforehand.