Rulemaking | Jotup

SEC Proposes New Requirements to Address Cybersecurity Risks to the U.S. Securities Markets

Retrieved on:

Wednesday, March 15, 2023

Security (finance), Risk, Register, Information, Federal Register, Rulemaking, Municipal Securities Rulemaking Board, Medical device

“I am pleased to support this proposal because, if adopted, it would set standards for Market Entities’ cybersecurity practices,” said SEC Chair Gary Gensler.

Key Points:

“I am pleased to support this proposal because, if adopted, it would set standards for Market Entities’ cybersecurity practices,” said SEC Chair Gary Gensler.
“The nature, scale, and impact of cybersecurity risks have grown significantly in recent decades.
The interconnectedness of Market Entities increases the risk that a significant cybersecurity incident can simultaneously impact multiple Market Entities causing systemic harm to the U.S. securities markets.
Further, new public disclosure requirements for Covered Entities would improve transparency about the cybersecurity risks that can cause adverse impacts to the U.S. securities markets.

Ramirez & Co., Inc. Expands Executive Team With the Addition Peter Hill

Retrieved on:

Wednesday, February 22, 2023

Samuel A. Ramirez & Co., Inc. , one of the oldest and largest Hispanic-owned investment banks in the United States, is pleased to announce that senior public finance executive Peter J. Hill has joined the firm as Senior Managing Director and Strategic Advisor.

Key Points:

Samuel A. Ramirez & Co., Inc. , one of the oldest and largest Hispanic-owned investment banks in the United States, is pleased to announce that senior public finance executive Peter J. Hill has joined the firm as Senior Managing Director and Strategic Advisor.
Prior to Ramirez, Hill most recently served Managing Director and Head of Public Finance for UBS.
“I am very excited about having his insights and experience benefit our clients and our firm.”
“Sam, Sam and I have talked throughout the years about working together,” said Peter Hill.
“I am grateful and excited for this unique opportunity to work with Ramirez’s Executive Team to mobilize for continued excellence, growth, and expansion.”

Chair Gensler Announces Composition of Policy Team

Retrieved on:

Friday, July 16, 2021

Law, Corporate crime, U.S. Securities and Exchange Commission, Gensler, Rulemaking, Articles, Justice

"I am pleased that Corey, Adam, Mika, Sirimal, and Sai are joining our dedicated staff of public servants to work on behalf of American investors,"said SEC Chair Gensler.

Key Points:

"I am pleased that Corey, Adam, Mika, Sirimal, and Sai are joining our dedicated staff of public servants to work on behalf of American investors,"said SEC Chair Gensler.
"Corey, Adam, Mika, Sirimal, and Sai add extensive expertise and experience to Chair Gensler's policy team,"said Ms. Slavkin Corzo.
"Im excited to work with this team to advance the SEC's ambitious rulemaking agenda on behalf of the American public."
Sirimal R. Mukerjee counsels Chair Gensler on matters related to investment companies and investment advisers.

In NCLA Amicus Win, D.C. Circuit Vacates FDA Final Rule Wrongfully Regulating Practice of Medicine

Retrieved on:

Tuesday, July 6, 2021

Law, United States administrative law, Food and Drug Administration, United States Public Health Service, Rulemaking, Articles

More than 25 years later, FDA promulgated a Final Rule banning ESD use for self-injurious and aggressive behavior, but not for other uses.

Key Points:

More than 25 years later, FDA promulgated a Final Rule banning ESD use for self-injurious and aggressive behavior, but not for other uses.
In a 2-1 decision, the Court reasoned that the FDA lacks the statutory authority to enact the Final Rule.
Under these circumstances, the statute does not provide FDA the rulemaking authority it seeks to exercise, and the Court correctly reined in FDA.
NCLA released the following statements:
Congress has determined that the practice of medicine should be regulated at the state level.

Business Leaders Say 'Permanent' MIOSHA COVID Rule Recommendations Are Unworkable, Push Back on Whether COVID Restrictions Should Remain In Place Indefinitely

Retrieved on:

Wednesday, April 14, 2021

United States administrative law, Administrative law, Rulemaking, Articles, Workplace, Herd immunity, Justice

"\n"The permanent COVID-19 workplace safety rules MIOSHA is pursuing keeps government\'s thumb on decisions best left in the workplace between employers and employees," concluded Block.

Key Points:

"\n"The permanent COVID-19 workplace safety rules MIOSHA is pursuing keeps government\'s thumb on decisions best left in the workplace between employers and employees," concluded Block.
"This one-size-fits all rule set does not account for vaccine rollout and herd immunity and does nothing to help businesses or our economy move forward.
It is governed by the Administrative Procedures Act, 1969 PA 306, MCL 24.201 to 24.328 and explained here .
MIOSHA has already submitted a Request for Rulemaking (RFR) to the MichiganOffice of Administrative Hearings and Rules (MOAHR) and is now submitting draft rules toMOAHR to review for legal authority.

Castle Biosciences Announces Publication Demonstrating Dermatologists Are Increasingly Integrating DecisionDx-Melanoma Into Melanoma Clinical Management Decisions

Retrieved on:

Thursday, March 25, 2021

Biotechnology, Health, Genetics, Pharmaceutical, Oncology, Law, United States administrative law, Corporate crime, Federal Trade Commission, Rulemaking, Articles, Justice, Franchise Rule, DecisionDx-Melanoma, Castle Biosciences

Castle Biosciences, Inc. (Nasdaq: CSTL), a skin cancer diagnostics company providing personalized genomic information to improve cancer treatment decisions, today announced the publication of a cross-sectional study of dermatologists that found its respondents are increasingly incorporating DecisionDx-Melanoma into the management of their patients with melanoma.

Key Points:

Castle Biosciences, Inc. (Nasdaq: CSTL), a skin cancer diagnostics company providing personalized genomic information to improve cancer treatment decisions, today announced the publication of a cross-sectional study of dermatologists that found its respondents are increasingly incorporating DecisionDx-Melanoma into the management of their patients with melanoma.
Class 1A), 66% of participants reported potential benefits for ameliorating patients anxiety and 46% reported increasing confidence in their management.
The consistent performance and accuracy demonstrated in these studies provides confidence in disease management plans that incorporate DecisionDx-Melanoma test results.
Castle also has active research and development programs for tests in other dermatologic diseases with high clinical need.

FTC Acting Chairwoman Slaughter Announces New Rulemaking Group

Retrieved on:

Thursday, March 25, 2021

Law, Corporate crime, Federal Trade Commission, United States administrative law, Rulemaking, Articles, Justice, Franchise Rule

FTC will reinvigorate rulemaking authority to level the playing field for consumers and businesses New group in Office of the General Counsel will help build Commissions rulemaking capacity and agenda for unfair or deceptive practices and unfair methods of competition

Key Points:

FTC will reinvigorate rulemaking authority to level the playing field for consumers and businesses New group in Office of the General Counsel will help build Commissions rulemaking capacity and agenda for unfair or deceptive practices and unfair methods of competition
Today Acting Federal Trade CommissionChairwoman Rebecca Kelly Slaughter announced the creation of a new rulemaking group within the FTCs Office of the General Counsel.
The new structure will allow the FTC to take a strategic and harmonized approach to rulemaking across its different authorities and mission areas.
With this new group in place, the FTC is poised to strengthen existing rules and to undertake new rulemakings to prohibit unfair or deceptive practices and unfair methods of competition.
Our rulemaking power under section 18 has gotten a bad reputation for being too hard to use, but longstanding FTC rules, such as the Funeral Rule and the Eyeglass Rule, have provided significant benefits to consumers, said Acting Chairwoman Slaughter.

FTC Acting Chairwoman Slaughter Announces New Rulemaking Group

Retrieved on:

Thursday, March 25, 2021

Law, Corporate crime, Federal Trade Commission, United States administrative law, Rulemaking, Articles, Justice, Franchise Rule

FTC will reinvigorate rulemaking authority to level the playing field for consumers and businesses New group in Office of the General Counsel will help build Commissions rulemaking capacity and agenda for unfair or deceptive practices and unfair methods of competition

Key Points:

FTC will reinvigorate rulemaking authority to level the playing field for consumers and businesses New group in Office of the General Counsel will help build Commissions rulemaking capacity and agenda for unfair or deceptive practices and unfair methods of competition
Today Acting Federal Trade CommissionChairwoman Rebecca Kelly Slaughter announced the creation of a new rulemaking group within the FTCs Office of the General Counsel.
The new structure will allow the FTC to take a strategic and harmonized approach to rulemaking across its different authorities and mission areas.
With this new group in place, the FTC is poised to strengthen existing rules and to undertake new rulemakings to prohibit unfair or deceptive practices and unfair methods of competition.
Our rulemaking power under section 18 has gotten a bad reputation for being too hard to use, but longstanding FTC rules, such as the Funeral Rule and the Eyeglass Rule, have provided significant benefits to consumers, said Acting Chairwoman Slaughter.

FTC Acting Chairwoman Slaughter Announces New Rulemaking Group

Retrieved on:

Thursday, March 25, 2021

Law, Corporate crime, Federal Trade Commission, United States administrative law, Rulemaking, Articles, Justice, Franchise Rule

FTC will reinvigorate rulemaking authority to level the playing field for consumers and businesses New group in Office of the General Counsel will help build Commissions rulemaking capacity and agenda for unfair or deceptive practices and unfair methods of competition

Key Points:

FTC will reinvigorate rulemaking authority to level the playing field for consumers and businesses New group in Office of the General Counsel will help build Commissions rulemaking capacity and agenda for unfair or deceptive practices and unfair methods of competition
Today Acting Federal Trade CommissionChairwoman Rebecca Kelly Slaughter announced the creation of a new rulemaking group within the FTCs Office of the General Counsel.
The new structure will allow the FTC to take a strategic and harmonized approach to rulemaking across its different authorities and mission areas.
With this new group in place, the FTC is poised to strengthen existing rules and to undertake new rulemakings to prohibit unfair or deceptive practices and unfair methods of competition.
Our rulemaking power under section 18 has gotten a bad reputation for being too hard to use, but longstanding FTC rules, such as the Funeral Rule and the Eyeglass Rule, have provided significant benefits to consumers, said Acting Chairwoman Slaughter.

FTC Seeks Comment on Amplifier Rule As Part of Regular Rule Review

Retrieved on:

Thursday, December 17, 2020

Law, Artificial intelligence, Corporate crime, Federal Trade Commission, Rulemaking, Amplifier, Articles, Automatic number-plate recognition

The Federal Trade Commission is seeking comment from consumers and industry as part of its scheduled review of the Rule Relating to Power Output Claims for Amplifiers Utilized in Home Entertainment Products, commonly known as the Amplifier Rule.

Key Points:

The Federal Trade Commission is seeking comment from consumers and industry as part of its scheduled review of the Rule Relating to Power Output Claims for Amplifiers Utilized in Home Entertainment Products, commonly known as the Amplifier Rule.
The Amplifier Rule requires uniform measurements and disclosures for home entertainment amplifiers so consumers can easily compare amplifier characteristics.
As detailed in an Advance Notice of Proposed Rulemaking (ANPR), the FTC seeks public comment on the need for the Rule, the benefits and costs of the Rule to consumers and industry, recommended changes to the Rule, and whether there are any additional deceptive or unfair practices in the home amplifier market that are not addressed by the Rule.
The ANPR also seeks comment on whether the Rule should be expanded to include products not currently covered by the Rule, changes that may be necessary as a result of technological or economic changes, and whether the Rule conflicts with other regulatory requirements.