On February 28, Sutherland Asbill & Brennan issued a press release announcing the results of their latest survey of Financial Industry Regulatory Authority (FINRA) sanctions against broker-dealers and associated persons. In brief, the survey found that in 2010: – FINRA’s disciplinary actions increased from 1,158 to 1,310 — an increase of more than 13 percent […]
On March 1, in a unanimous (8-0) decision in FCC v. AT&T, the U.S. Supreme Court held that corporations do not have “personal privacy” for the purposes of Exemption 7(C) of the Freeedom of Information Act (FOIA), 5 U.S.C. §552(b)(7)(C). Exemption 7(C) creates an exemption from the general disclosure obligations of FOIA for law enforcement […]
On February 28, President Obama issued a memorandum to federal executive departments and agencies, directing them (as summarized in a White House press release) “to work with State, Tribal, and local governments to reduce unnecessary regulatory and administrative burdens in order to focus resources on achieving better outcomes at lower cost.” According to the release, […]
On February 28, the House Judiciary Committee’s Subcommittee on Courts, Commercial and Administrative Law held a hearing on “The APA at 65 – Is Reform Needed to Create Jobs, Promote Economic Growth and Reduce Costs?” Witnesses at the hearing included Susan Dudley, Research Professor of Public Policy and Public Administration at George Washington University, Jeffrey […]
On February 28, the Administrative Conference of the United States (ACUS) blog, Administrative Fix, posted that on March 16, from 9:00 to noon ET, the ACUS Committee on Administration and Management will “consider a draft recommendation concerning the ethics rules applicable to government contractors and their employees.” Additional information about the project is available on […]
On February 25, the Canadian Competition Bureau issued an announcement that it plans to “undertake moderate revisions to the Merger Enforcement Guidelines (MEGs).” The anouncement made clear that the Competition Bureau plans to address only “certain discrete areas where the MEGs do not fully reflect current Bureau practice and current economic and legal thinking.” Specific […]
On February 24, in Roadshow Films Pty Ltd. & Ors v. iiNet Ltd., No. NSD179/2010, [2011] FCAFC 23, the Federal Court of Australia Full Court dismissed an appeal by a bevy of international movie and entertainment companies against the decision of the primary judge that the Internet service provider iiNet Ltd had not infringed the […]
On February 16, the governments of Australia and New Zealand signed an Investment Protocol to the Closer Economic Relations Trade Agreement. According to a new report by Kelly Buchanan of the Library of Congress, and as reflected in press releases by the Australian and New Zealand governments, the Protocol “increases the screening thresholds above which […]
Over the last ten days, there have been two significant developments in Iceland with regard to Icesave deposits, the high-yield savings accounts offered by the online bank Icesave in the Netherlands and the United Kingdom. On February 16, the Icelandic Parliament, the Althingi, passed a bill that — according to a report by Wendy Zeldin […]
In December 2010, the Law Library of Congress published online a report by Kelly Buchanan, a Foreign Law Specialist with the Library of Congress, on Māori culture and intellectual property law. The report “discusses some of the issues and challenges in protecting cultural expressions and traditional knowledge in the law, and examines two examples of […]
On February 4, the White House issued the “Strategy for American Innovation.” The Strategy, which updates the “Innovation Strategy” issued in 2009, includes a patent reform agenda that the White House declared “essential to reducing the enormous backlog of patent applications at the U.S. Patent & Trademark Office (USPTO). By stalling the delivery of innovative […]
On February 1, the South African Competition Commission announced the establishment of a “fast-track settlement” process for construction firms “who have been party to collusive practices in bidding for projects in the public and private sectors.” The Commission has been conducting an investigation in the construction industry that “has uncovered widespread anticompetitive conduct through various […]
On January 13, according to a New York Times article, Renault filed a criminal compaint with the Office of the Public Prosecutor in Paris, alleging that a foreign company tried to obtain secrets relating to Renault’s electric-car program. Renault previously had suspended three of its executives, whom it suspected of seeking to pass on data […]
On January 11, the Financial Industry Regulatory Authority (FINRA) requested comment on a proposal to amend FINRA Rule 5122. Rule 5122, according to the FINRA regulatory notice, “requires, subject to certain exemptions, disclosure in the offering document of the intended use of offering proceeds, expenses, and the amount of selling compensation to be paid to […]
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 […]