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  • U.S. Securities and Exchange Commission Awards Approximately 3.6 Million Dollars to Whistleblower

    U.S. Securities and Exchange Commission Awards Approximately $3.6 Million to Whistleblower | site |



    (Information contained in U.S. Securities and Exchange Commission [SEC] press release dated: May 12, 2021) Washington D.C., May 12, 2021 - - The Securities and Exchange Commission today announced an award of approximately $3.6 million to a whistleblower whose information and assistance led to a successful SEC enforcement action. “The whistleblower brought valuable information to the attention of the SEC, causing it to open a new investigation into wrongdoing,” said Emily Pasquinelli, Acting Chief of the SEC’s Office of the Whistleblower. “The whistleblower further assisted the SEC by providing ongoing assistance as the Commission’s investigation progressed. This award shows the significant help a whistleblower can provide by sharing information of potential violations of the federal securities laws with the Commission.” The SEC has awarded appro...
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  • Federal Communications Commission Grants additional Rural Tribal Spectrum Licenses

    Federal Communications Commission Grants additional Rural Tribal Spectrum Licenses | site |



    Mid-Band Spectrum Licenses Granted to Facilitate Providing Advanced Wireless Communications Like 5G to 40 Native Communities


    (Information contained in Federal Communications Commission [FCC] press release dated: May 13, 2021) Washington, May 13, 2021 - - The FCC’s Wireless Telecommunications Bureau has granted an additional 40 spectrum licenses in the 2.5 GHz band to help connect rural Tribal communities. This valuable mid-band spectrum can be used for 5G and other advanced wireless services. “Wireless spectrum in the hands of the unserved and underserved is a powerful tool,” said FCC Acting Chairwoman Jessica Rosenworcel. “This is especially true for Tribes, which should have the opportunity to offer their communities the broadband access that is so critical for participation in the digital age. I am committed to continuing our efforts to make tha...
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  • FTC Returns Nearly 60 Million Dollars to Those Suffering from Opioid Addiction Who Were Allegedly Overcharged in Suboxone Film Scheme

    Federal Trade Commission Returns Nearly $60 Million to Those Suffering from Opioid Addiction Who Were Allegedly Overcharged in Suboxone Film Scheme| site |



    FTC says funds for these payments come from the FTC’s settlements with Reckitt Benckiser Group and Indivior, Inc. who took advantage of their unique market position to scare consumers away from generic Suboxone tablets


    (Information contained in Federal Trade Commission [FTC] press release dated: May 10, 2021)

    The Federal Trade Commission is sending 51,875 payments totaling more than $59 million to consumers who were victims of an allegedly deceptive scheme by Reckitt Benckiser Group and Indivior, Inc. to thwart lower-priced generic competition with the branded drug Suboxone. The average payment

    Courtesy: Federal Trade Commission
    amount is $1,139. The payments will be mailed...
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  • U.S. Department of Veterans Affairs stands up Commission to Recommend new Under Secretary for Benefits

    U.S. Department of Veterans Affairs stands up Commission to Recommend new Under Secretary for Benefits | site |


    (Information contained in U.S. Department of Veterans Affairs [VA] press release dated: May 12, 2021)

    Washington - - The Department of Veterans Affairs established a commission to identify candidates to lead and manage the Veterans Benefits Administration. The position is for the Under Secretary for Benefits, who oversees leadership and direction on non-medical Veterans benefits matters — which has an approximate operating budget of $6.2 billion, an average employment level of 24,700 — and a benefits budget of $135 billion for the delivery of services and benefits to Veterans and their beneficiaries. By law, the appointment is made without regard to political affiliation and solely on demonstrated ability in providing oversight and management of this budget and the ability to develop, defend, and administer a budget of this size a
    ...
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  • FCC Seeks Comment on Potential Impact of Global Semiconductor Shortage

    FCC Seeks Comment on Potential Impact of Global Semiconductor Shortage

    Federal Communications Commission seeks Comment on Potential Impact of Global Semiconductor Shortage| site |


    (Information contained in Federal Communications Commission [FCC] press release dated: May 11, 2021) Washington, May 11, 2021 - - The Federal Communications Commission today began seeking comment on the impact the continuing global shortage of semiconductors may have on the U.S. communications sector and on FCC initiatives. These semiconductor supply chain constraints have been acknowledged by the Administration and by Congress, and the U.S. government is taking steps to address these challenges. The FCC is particularly focused on the impact this shortage could have on the communications industry, agency initiatives, and the nation’s continued advancement in next-generation technologies that are key to our national and economic security. “At the FCC we are pursuing a proactive strategy to help build a more secure, resilient, and next-generat...
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  • FTC, CFPB Send Notice Letters to Landlords Regarding Pandemic Eviction Moratorium

    Federal Trade Commission and the Consumer Financial Protection Bureau Send Notice Letters to Landlords Regarding Pandemic Eviction Moratorium | site |


    Letters remind landlords of their obligations as part of the CDC’s moratorium


    (Information contained in Federal Trade Commission [FTC] press release dated: May 3, 2021)

    The acting heads of the Federal Trade Commission and Consumer Financial Protection Bureau (CFPB) have sent joint notification letters to the nation’s largest apartment landlords, which collectively own more than 2 million units, reminding them of their obligations under the ongoing national eviction moratorium put in place as a result of the ongoing COVID-19 pandemic. The moratorium, which was recently extended by the Centers for Disease Control and Prevention (CDC) until June 30, 2021, prohibits evictions in certain circumstances in order to keep people in their homes and prevent the spread of the disease
    ...
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  • U.S. Department of Veterans Affairs stands up Commission to Recommend new Veterans Health Administration Under Secretary

    U.S. Department of Veterans Affairs stands up Commission to Recommend new Veterans Health Administration Under Secretary | site |



    (Information contained in U.S Department of Veterans Affairs press release dated: March 9, 2021)

    Washington - - The Department of Veterans Affairs (VA) established a commission to identify candidates to lead and manage the Veterans Health Administration (VHA). The position is for the Under Secretary for Health, who oversees the country’s largest health care system — which has an approximate annual budget of $61 billion — and supervises the delivery of care to more than 9 million enrolled Veterans. By law, the appointment is made without regard to political affiliation and solely on demonstrated ability in the medical profession, policy formulation, and health care administration and fiscal management. Those being considered must have substantial experience in connection with the programs of VHA or prog
    ...
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  • U.S. Securities and Exchange Commission Division of Examinations Announces 2021 Examination Priorities

    U.S. Securities and Exchange Commission Division of Examinations Announces 2021 Examination Priorities | site |



    Enhanced Focus on Climate-Related Risks


    (Information contained in U.S. Securities and Exchange Commission [SEC] press release dated: March 3, 2021)

    Washington D.C., March 3, 2021 - - The Securities and Exchange Commission’s Division of Examinations today announced its 2021 examination priorities, including a greater focus on climate-related risks. The Division will also focus on conflicts of interest for brokers (Regulation Best Interest) and investment advisers (fiduciary duty), and attendant risks relating to FinTech in its initiatives and examinations. The Division publishes its examination priorities annually to provide insights into its risk-based approach, including the areas it believes present potential risks to investors and the integrity of the U.S. capital markets. “This year, the Division is enhancin...
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  • Federal Election Commission Approves Advisory Opinion, holds Administrative Review Hearing

    Federal Election Commission Approves Advisory Opinion, holds Administrative Review Hearing| site |


    (Information contained in Federal Election Commission [FEC] press release dated: February 25, 2021)

    Washington - - At its open meeting today, the Federal Election Commission approved an advisory opinion. The Commission also held an administrative review hearing at the request of a 2016 presidential campaign committee regarding a matching funds repayment determination made by the Commission in 2019.

    Advisory Opinion Request 2021-02 (FEN-PAC) The Commission approved an advisory opinion request from the Full Employment Now-Political Action Committee (FEN-PAC), an independent expenditure-only political committee, regarding whether it may use aggregate data about FEN-PAC contributors in communications with members of Congress and Congressional candidates on matters involving legislative and policy issues. The Commission concluded
    ...
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  • Federal Communications Commission announces Winning Bidders in C-Band Action

    Federal Communications Commission announces Winning Bidders in C-Band Action

    Federal Communications Commission announces Winning Bidders in C-Band Action | site |




    FCC says "Auction of 3.7 GHz Service Licenses Yields Over $81 Billion in Gross Bids and Provides Much-Needed Mid-Band Spectrum for 5G Services"


    (Information contained in Federal Communications Commission [FCC] press release dated: February 24, 2021) Washington, February 24, 2021 - - The Federal Communications Commission today announced the winning bidders and the final bid totals in Auction 107—commonly referred to as the C-band auction. As detailed in today’s Public Notice, Auction 107 net winning bids totaled $81,114,481,921 and gross winning bids totaled $81,168,677,645. Twenty-one bidders won all of the available 5,684 licenses. “It is essential to America’s economic recovery that we deliver on the promise of next-generation wireless services for everyone, everywhere,” said FCC Acting Chairwoman Jessica Rosenworcel. “This au...
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  • Federal Election Commission says District Court issues opinion in FEC v. Rivera

    Federal Election Commission says District Court issues Opinion in FEC v. Rivera | site |



    (Information contained in Federal Election Commission [FEC] press release dated: February 23, 2021)

    Washington - - The United States District Court for the Southern District of Florida issued an Order in FEC v. Rivera (Case No. 17-22643) on Tuesday, granting the Commission’s Motion for Summary Judgment.

    In 2017, the Commission brought suit against David Rivera, a former member of Congress from Florida’s 25th Congressional District, alleging that he had knowingly and willfully made contributions in the name of another in connection with the 2012 primary election campaign of another candidate in the state’s 26th Congressional District. The Commission sought a civil penalty of $456,000, which the district court granted.
    ...
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  • New Federal Trade Commission Data Show Massive Increase in Romance Scams, 304M Dollars in Losses

    New Federal Trade Commission Data Show Massive Increase in Romance Scams, $304M in Losses | site |



    Data spotlight shows reported losses up 50 percent from 2019


    (Information contained in Federal Trade Commission [FTC] press release dated: February 10, 2021)

    More consumers than ever report falling prey to romance scammers, according to new Federal Trade Commission data that show consumers reported losing a record $304 million to the scams last year. A newly released data spotlight shows that the amount consumers reported losing to romance scammers is up about 50 percent since 2019, and has increased more than fourfold since 2016. Scammers draw people in using pictures stolen from around the internet, building false personas that seem just real enough to be true, but always having a reason never to meet in person. Eventually, the supposed suitor will ask for money from the unwitting consumer. The impact can be major, with the
    ...
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  • Federal Election Commission announces 2021-2022 Campaign Cycle Contribution Limits

    Federal Election Commission announces 2021-2022 Campaign Cycle Contribution Limits | site |




    (Information contained in Federal Election Commission [FEC] press release dated: February 2, 2021)

    Washington - - The Federal Election Commission announced updated contribution limits that have been indexed for inflation and are effective for federal elections in 2021-22. The Bipartisan Campaign Reform Act of 2002 (BCRA) included provisions that indexed some contribution limits for inflation. The limit on individuals’ contributions to candidates, for example, was set at $2,000 per election in BCRA; it is adjusted at the start of each new election cycle. Adjustments are announced after the Department of Labor determines the inflation rate for the previous election year. During the current two-year election cycle the limit for contributions by individuals to federal candidates for President, the U.S. Senate and the U.S. House of R...
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  • FCC Announces Tentative Agenda for February Open Meeting

    FCC Announces Tentative Agenda for February Open Meeting

    Federal Communications Commission Announces Tentative Agenda for February Open Meeting | site |


    (Information contained in Federal Communications Commission [FCC] press release dated: January 27, 2021)


    Washington, January 27, 2021 - - Federal Communications Commission Acting Chairwoman Jessica Rosenworcel announced that the items below are tentatively on the agenda for the February Open Commission Meeting scheduled for Wednesday, February 17, 2021:

    Presentation on the Emergency Broadband Benefit Program – The Commission will hear a presentation on the creation of an Emergency Broadband Benefit Program. Congress charged the FCC with developing a new $3.2 billion program to help Americans who are struggling to pay for internet service during the pandemic.

    Presentation on COVID-19 Telehealth Program – The Commission will hear a presentation about the next steps for the agency’s COVID-19 Telehealth program. Congress
    ...
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  • Federal Election Commission holds Audit Hearing, Approves Audit Division Recommendation Memorandum

    Federal Election Commission holds Audit Hearing, Approves Audit Division Recommendation Memorandum | site |


    (Information contained in Federal Election Commission [FEC] press release dated: January 28, 2021)

    Washington - - The Federal Election Commission today held an audit hearing and an open meeting, where it approved an Audit Division recommendation memorandum. The Commission had previously approved by tally vote an advisory opinion that was on the open meeting agenda.

    Draft Final Audit Report on the Grassroots Victory PAC. The Commission held a hearing to discuss the Draft Final Audit Report of the Audit Division on the Grassroots Victory PAC, covering campaign finance activity between January 1, 2017 and December 31, 2018. The draft report contains a finding of Misstatement of Financial Activity – Increased Activity.

    Audit Division Recommendation Memorandum on the Mississippi Republican Party. At its open
    ...
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  • Staff Reporter 1
    U.S. Securities and Exchange Commission Awards Approximately 3.6 Million Dollars to Whistleblower
    by Staff Reporter 1
    U.S. Securities and Exchange Commission Awards Approximately $3.6 Million to Whistleblower | site |



    (Information contained in U.S. Securities and Exchange Commission [SEC] press release dated: May 12, 2021) Washington D.C., May 12, 2021 - - The Securities and Exchange Commission today announced an award of approximately $3.6 million to a whistleblower whose information and assistance led to a successful SEC enforcement action. “The whistleblower brought valuable information to the attention of the SEC, causing it to open a new investigation into wrongdoing,” said Emily Pasquinelli, Acting Chief of the SEC’s Office of the Whistleblower. “The whistleblower further assisted the SEC by providing ongoing assistance as the Commission’s investigation progressed. This award shows the significant help a whistleblower can provide by sharing information of potential violations of the federal securities laws with the Commission.” The SEC has awarded appro...
    05-14-2021, 10:52 AM
  • Staff Reporter 1
    Federal Communications Commission Grants additional Rural Tribal Spectrum Licenses
    by Staff Reporter 1
    Federal Communications Commission Grants additional Rural Tribal Spectrum Licenses | site |



    Mid-Band Spectrum Licenses Granted to Facilitate Providing Advanced Wireless Communications Like 5G to 40 Native Communities


    (Information contained in Federal Communications Commission [FCC] press release dated: May 13, 2021) Washington, May 13, 2021 - - The FCC’s Wireless Telecommunications Bureau has granted an additional 40 spectrum licenses in the 2.5 GHz band to help connect rural Tribal communities. This valuable mid-band spectrum can be used for 5G and other advanced wireless services. “Wireless spectrum in the hands of the unserved and underserved is a powerful tool,” said FCC Acting Chairwoman Jessica Rosenworcel. “This is especially true for Tribes, which should have the opportunity to offer their communities the broadband access that is so critical for participation in the digital age. I am committed to continuing our efforts to make tha...
    05-14-2021, 10:26 AM
  • Staff Reporter 1
    FTC Returns Nearly 60 Million Dollars to Those Suffering from Opioid Addiction Who Were Allegedly Overcharged in Suboxone Film Scheme
    by Staff Reporter 1
    Federal Trade Commission Returns Nearly $60 Million to Those Suffering from Opioid Addiction Who Were Allegedly Overcharged in Suboxone Film Scheme| site |



    FTC says funds for these payments come from the FTC’s settlements with Reckitt Benckiser Group and Indivior, Inc. who took advantage of their unique market position to scare consumers away from generic Suboxone tablets


    (Information contained in Federal Trade Commission [FTC] press release dated: May 10, 2021)

    The Federal Trade Commission is sending 51,875 payments totaling more than $59 million to consumers who were victims of an allegedly deceptive scheme by Reckitt Benckiser Group and Indivior, Inc. to thwart lower-priced generic competition with the branded drug Suboxone. The average payment

    Courtesy: Federal Trade Commission
    amount is $1,139. The payments will be mailed...
    05-14-2021, 09:26 AM
  • Staff Reporter 1
    U.S. Department of Veterans Affairs stands up Commission to Recommend new Under Secretary for Benefits
    by Staff Reporter 1
    U.S. Department of Veterans Affairs stands up Commission to Recommend new Under Secretary for Benefits | site |


    (Information contained in U.S. Department of Veterans Affairs [VA] press release dated: May 12, 2021)

    Washington - - The Department of Veterans Affairs established a commission to identify candidates to lead and manage the Veterans Benefits Administration. The position is for the Under Secretary for Benefits, who oversees leadership and direction on non-medical Veterans benefits matters — which has an approximate operating budget of $6.2 billion, an average employment level of 24,700 — and a benefits budget of $135 billion for the delivery of services and benefits to Veterans and their beneficiaries. By law, the appointment is made without regard to political affiliation and solely on demonstrated ability in providing oversight and management of this budget and the ability to develop, defend, and administer a budget of this size a
    ...
    05-13-2021, 09:31 AM
  • Staff Reporter 1
    FCC Seeks Comment on Potential Impact of Global Semiconductor Shortage
    by Staff Reporter 1
    Federal Communications Commission seeks Comment on Potential Impact of Global Semiconductor Shortage| site |


    (Information contained in Federal Communications Commission [FCC] press release dated: May 11, 2021) Washington, May 11, 2021 - - The Federal Communications Commission today began seeking comment on the impact the continuing global shortage of semiconductors may have on the U.S. communications sector and on FCC initiatives. These semiconductor supply chain constraints have been acknowledged by the Administration and by Congress, and the U.S. government is taking steps to address these challenges. The FCC is particularly focused on the impact this shortage could have on the communications industry, agency initiatives, and the nation’s continued advancement in next-generation technologies that are key to our national and economic security. “At the FCC we are pursuing a proactive strategy to help build a more secure, resilient, and next-generat...
    05-11-2021, 11:34 PM

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