SEC Rule Requires Cyber Incident Reporting 

Officials say it will benefit companies and investors. The Securities and Exchange Commission has adopted a new rule under which companies will have to disclose the nature, scope,…

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USDA Promotes Urban Agriculture and Innovative Production

Collaborative efforts and public feedback drive progress in USDA’s initiatives. The U.S. Department of Agriculture (USDA) would like individuals involved in urban agriculture, innovative production, and related fields…

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Cryptocurrency Company Settles with FTC

Celsius Network used customer funds for operational purposes and high-risk investments. The Federal Trade Commission (FTC) has reached a settlement with cryptocurrency platform Celsius Network, which permanently bans…

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Commerce Department Holds SelectUSA Summit

4,200 attendees network at foreign direct investment event. The Department of Commerce concluded the three-day SelectUSA Summit. More than 4,200 people attended the 2023 conference for foreign direct…

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FCC Issues Disclosure Advisory

Agency reminds companies of the obligation to disclose foreign ownership and investments. A recent Enforcement Advisory was issued by the Federal Communications Commission’s (FCC) Enforcement Bureau to remind…

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U.S. District Judge Sentences Infinity Q Founder to 15 Years

Imprisonment is the result of securities fraud. U.S. District Judge Denise Cote sentenced James Velissaris, the founder of Infinity Q Management, to 15 years of prison for misleading…

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President Vetoes Bill on ESG Investing 

The legislation would have reversed the Labor Department rule.  “I just vetoed my first bill,” President Biden announced Monday.  The Labor Department had previously issued a rule allowing…

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Regulators Tell TikTok Owner to Sell or Be Banned 

The company says it wants to resolve the issue.  The Committee on Foreign Investment in the United States (CFIUS), a regulatory arm of the federal government that oversees…

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Half the States Sue to Stop ESG Rule

The rule involves state  401(k) investment funds.  The attorney general of Utah is leading a coalition of 25 states in a suit that seeks to stop a rule…

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U.S. Endorses South Africa Energy Transition Plan

The investment plan receives continued support at COP27. At the 27th Conference of the Parties (COP27) of the United Nations Framework Convention on Climate Change, Climate Envoy John…

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