CFTC alters definitions, EPA revises green house gas rules, FDA proposes medical device tracking, and more.
- \The Environmental Protection Agency (EPA) chose not to revise the permitting thresholds for greenhouse gas emissions in a final rule released July 3, but it did approve plant-wide applicability limits for industrial facilities.
- The Commodity Futures Trading Commission (CFTC) issued a correction detailing modified definitions of terms such as “Swap-dealers” and “Major Security-Based Swap Participant”.
- The Food and Drug Administration (FDA) detailed a new system to track medical devices.
- A federal judge rejected a Securities and Exchange Commission (SEC) lawsuit seeking relief for investors in R. Allen Stanford’s $7.2 billion alleged Ponzi scheme.
- A Congressional transportation bill would eliminate proposed Grand Canyon noise regulations.
- Two U.S. Senators introduced legislation that would make it easier for international students studying science, technology, engineering, or mathematics to stay in the U.S. after graduation and earn permanent residency. See related The Regulatory Review essay.
- The European Union has planned tougher bank regulations in response to the Libor Scandal.
- A federal judge struck down a provision in an Obama administration regulation that would have penalized programs whose graduates end up with huge debts and low job prospects.
