Notice & Comment

Notice & Comment

Notice & Comment

Energy/Environment/Homeland Security/International Law: United Kingdom Energy Minister Announces Review of Offshore Drilling Policies, by Jonathan Rusch

On January 12, immediately after the January 11 issuance of the National Commission on the BP Deepwater Horizon Oil Spill and Oil Drilling’s final report, United Kingdom Energy Minister Charles Hendry issued a statement that offered favorable comments on the report. The statement also announced that the United Kingdom Government intended to review the United […]

Notice & Comment

Energy/Environment/Homeland Security: Deepwater Horizon Commission Issues Report, by Jonathan Rusch

On January 11, the National Commission on the BP Deepwater Horizon Oil Sill and Offshore Drilling issued its final report to the President. The report reached seven principal conclsions: 1. “The explosive loss of the Macondo well could have been prevented.” 2. “The immediate causes of the Macondo well blowout can be traced to a […]

Notice & Comment

Banking and Financial Services/Securities, Commodities, and Exchanges: Financial Crisis Inquiry Commission Issues Final Report, by Jonathan Rusch

On January 27, the Financial Crisis Inquiry Commission (FCIC) issued its final report on the 2007-2008 financial crisis. The FCIC, created in 2009 pursuant to the Fraud Enforcement and Recovery Act, Public Law 111-21, reached six general conclusions in the majority report: (1) the crisis was avoidable; (2) “widespread failures in financial regulation and supervisionproved […]

Notice & Comment

Administrative Conference of the United States: Chairman Verkuil Announces ACUS Implementation of Google Apps for Government, by Jonathan Rusch

On February 16, on the Administrative Conference of the United States (ACUS) blog, Chairman Paul Verkuil announced that ACUS had implemented Google Apps for Government. Chairman Verkuil stated that ACUS had “recently launched a collaborative workspace for Members and staff using Google Apps for Government to share documents, calendars and websites.” This post was originally […]

Notice & Comment

Agriculture/Commodities: CFTC Issues Proposed Rule on Agricultural Swaps, by Jonathan Rusch

On February 2, the Commodity Futures Trading Commission published in the Federal Register a notice of proposed rulemaking on agricultural swaps. According to the notice, the Dodd-Frank Wall Street Reform and Consumer Protection Act (Dodd-Frank) “provides that swaps in an agricultural commodity (as defined by the Commission) are prohibited unless entered into pursuant to a […]

Notice & Comment

Securities: SEC Issues Final Dodd-Frank Rules Relating to Asset-Backed Securities, by Jonathan Rusch

On January 20, the Securities and Exchange Commission issued two sets of final rules to implement various provisions of the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010 (Dodd-Frank). The first rule, which implements section 943 of Dodd-Frank, involves “new rules related to representations and warranties in asset-backed securities offerings. The final rules […]

Notice & Comment

Agriculture/Commodities: FT Report on Algorithmic Trading in Sugar Futures, by Jonathan Rusch

On February 8, the Financial Times published an article on growing concerns among some in the commodities industry that so-called “algorithmic” trading — futures trading with high-speed computers — is causing price distortions. As the article put it, “Ten years ago it took the sugar market six months to move 2 cents. In the past […]

Notice & Comment

Criminal Process: United Kingdom High Court Approves Extradition of Defendant in Foreign Corrupt Practices Case, by Jonathan Rusch

On January 20, in Tesler v. Government of the United States of America, a panel of the High Court of Justice in London dismissed an appeal by Jeffrey Tesler, who had been indicted in the United States on charges of conspiring to violate, and aiding and abetting violations of, the Foreign Corrupt Practices Act (FCPA). […]

Notice & Comment

Legislative Process: ABA Task Force Issues Report on Federal Lobbying Laws, by Jonathan Rusch

On January 11, the ABA announced that the Task Force on Federal Lobbying Laws, organized by the ABA Administrative Law and Regulatory Practice Section, had issued a report that recommends changes in various provisions of federal lobbying laws. In brief, the report, according to the ABA press release, recommends (1) greater transparency with respect to […]

Notice & Comment

Regulatory Policy: President Issues Executive Order on Regulatory Review, by Jonathan Rusch

On January 18, President Obama issued a new Executive Order on “Improving Regulation and Regulatory Review.” The Executive Order supplements and reaffirms the principles, structures, and definitions governing contemporary regulatory review that were established in Executive Order 12866, and mostly sets forth broad principles applicable to regulation and regulatory review. Subsection 1(a) of the Executive […]

Notice & Comment

Adjudication/Judicial Review/Tax: Supreme Court January 11 Decision in Mayo Foundation v. United States, by Jonathan Rusch

On January 11, the United States Supreme Court handed down its decision in Mayo Foundation v. United States. Mayo involved a challenge to a Treasury Department regulation providing that the services of full-time employees, which include employees normally scheduled to work 40 hours or more a week, are required to pay taxes under the Federal […]

Notice & Comment

Administrative Conference of the United States: ACUS to Hold November 30 Forum on e-Rulemaking, by Jonathan Rusch

On November 30, the Administrative Conference of the United States (ACUS) will hold a forum on “Transforming E-rulemaking to Promote Public Participation and Efficiency.” Paul Verkuil, ACUS Chair, will provide an introduction to the forum, which will include a keynote address by Cass Sunstein, Administrator of OMB’s Office of Information and Regulatory Affairs, and eight […]

Notice & Comment

Adjudication: AP Reports Growing Number of Threats to Social Security Administration ALJs, by Jonathan Rusch

On November 14, the Associated Press reported that Social Security Administration (SSA) administrative law judges and staff “are facing a growing number of violent threats from claimants angry over being denied benefits or frustrated at lengthy delays in processing claims.” According to the article, SSA data show “[t]here were at least 80 threats to kill […]

Notice & Comment

Food and Drug: FDA Issues Proposed Rule on Graphic Health Warnings on Cigarette Packaging and Advertisements, by Jonathan Rusch

On November 12, in a widely reported action, the Food and Drug Administration published in the Federal Register a notice of a proposed rule that would amend FDA regulations “to add a new requirement for the display of health warnings on cigarette packages and in cigarette advertisements. The proposed rule would implement a provision of […]

Notice & Comment

International Trade: President Obama Signs Executive Order Establishing Export Enforcement Coordination Center, by Jonathan Rusch

On November 10, President Obama signed an Executive Order establishing within the Department of Homeland Security an interagency Federal Export Enforcement Coordination Center (Center). The Executive Order stated that the Center “shall coordinate on matters relating to export enforcement among” seven executive branch departments (i.e., the Departments of Commerce, Defense, Energy, Homeland Security, Justice, State,and […]