Supreme Court allows FTC continue suit, SEC may seek admissions of guilt, and more…
- The U.S. Supreme Court decided that the Federal Trade Commission (FTC) can continue its antitrust suit against drug companies for their pay-for-delay agreements.
- The Securities Exchange Commission (SEC) reviewed its neither-admit-nor-deny policy and decided that it may seek admissions of guilt in certain settlements.
- The Environmental Protection Agency (EPA) proposed amendments to the agency’s emissions reporting requirements for local, state, and tribal entities.
- The White House and the European Union (EU) embarked on a transatlantic trade and investment partnership.
- The Centers for Medicare & Medicaid Services (CMS) and the U.S. Department of Health and Human Services (HHS) proposed a rule under the Affordable Care Act (ACA) to create financial integrity and oversight standards for certain health insurance programs.
- The Administrative Conference of the United States (ACUS) adopted recommendations on the Social Security Administration’s (SSA) adjudication consistency, independent agencies’ use of cost-benefit analysis, the informal rulemaking record, and agencies’ use of science.
- The Monitor of the National Mortgage Settlement reported eight metric failures in the Summary of Compliance.
- The Office of Information and Regulatory Affairs (OIRA) reportedly changed the estimated benefits of the EPA’s formaldehyde rule.
- The Government Accountability Office (GAO) issued a report finding that the Internal Revenue Service (IRS) should provide guidance on tax compliance for virtual currency transactions.
- The SEC proposed two alternatives to money market fund regulation amendments that increase the transparency of risks.
- The U.S. Department of Energy (Energy) issued a rule adopting energy standards for the standby and off-modes of microwave ovens.
- Federal lawmakers introduced a bill that would repeal a law requiring federal buildings to use less fossil fuel generated energy.
- Illinois governor signed a fracking law that requires the acquisition of permits, the provision of samples of fracking water, and the above-ground storage of fracking water.
