SEC charges Bank of America, Administration overturns ITC Apple decision, and more…
- The Securities and Exchange Commission (SEC) charged Bank of America with allegedly misleading investors about mortgage securities.
- The Obama Administration overturned the International Trade Commission (ITC) ban on the sale of certain Apple products that allegedly infringed Samsung patents.
- The U.S. District Court of New Mexico temporarily restrained the U.S. Department of Agriculture (USDA) from doing inspections of horse slaughterhouses to be opened in New Mexico and Iowa.
- The U.S. Department of Education (DOE) issued a rule to allow the electronic submission of documents for certain financial assistance programs.
- The Food and Drug Administration (FDA) announced the agency’s initiative for retrospective review of agency guidance issued prior to 2010.
- An SEC report recommended that investment and exchange executives monitor indices to ensure compliance with the law.
- The U.S. Court of Appeals for the District of Columbia found that the ITC erred when deciding the Google and Apple patent case on iPhone and android technology.
- The U.S. Department of Justice (DOJ) said the department wants to stop Apple from making e-books contracts that are likely to raise prices.