Romney says parts of Dodd-Frank are excessive, FTC revises “green” guidelines for marketers, and more.
- During the first presidential debate, Governor Mitt Romney said that “regulations are essential” but that parts of Dodd-Frank are excessive. See related The Regulatory Review essay.
- The Food and Drug Administration (FDA) warned consumers about the prevalence of fraudulent online pharmacies and launched a “BeSafeRx – Know Your Online Pharmacy” public education campaign to show consumers how to assess the safety of online pharmacies.
- The Federal Trade Commission (FTC) issued revised guidelines to prevent marketers from making unfair or deceptive environmental claims about their products.
- The FTC issued a comment on the CFPB’s proposed rules on forms for effective disclosure of mortgage loan-terms obtained by consumers.
- The Inspector General for the Department of Health and Human Services (HHS) released a report that raised questions about the accuracy of claims made by dietary supplement manufacturers.
- The Supreme Court declined to consider a challenge to a Clinton era rule protecting nearly 60 million acres of forestland.
- A federal judge struck down a Commodity Futures Trading Commission (CFTC) rule which sought to curb speculation by limiting the volume of futures contracts a trader could hold in certain commodities.
- The U.S. Nuclear Regulatory Commission (NRC) opened guidance for public comment about performing integrated assessment of nuclear power plants for flood protection.
- The FTC and the Department of Justice (DOJ) signed a Memorandum of Understanding with the Ministry of Corporate Affairs, Government of India and the Competition Commission of India to enhance cooperation and communication in antitrust policy and enforcement.