Thursday - April 27, 2017
Federal Regulatory Agencies

News releases, reports, statements and associated documents from federal regulatory agencies ranging from the Securities Exchange Commission to the Commodities Futures Trading Commission

Featured Stories

SEC Issues Administrative Proceeding on Alliance Capital
WASHINGTON, April 25 -- The Securities and Exchange Commission issued the following administrative proceeding (File No. 3-11359) involving Alliance Capital on an order directing transfer of remaining funds and any future funds received by the Fair Fund to the U.S. Treasury, discharging the Fund Administrator, and terminating the Fair Fund:

In the Matter of Alliance Capital, L.P., Respondent

ORDER DIRECTING TRANSFER OF REMAINING FUNDS AND ANY FUTURE FUNDS RECEIVED BY THE FAIR FUND TO THE U.S. TREASURY, DISCHARGING THE FUND ADMINISTRATOR, AND TERMINATING THE FAIR FUND

On January 15, 2004, ... Show Full Article

SEC Charges Former Mortgage Loan Officer with Securities Fraud
WASHINGTON, April 25 -- The Securities and Exchange Commission issued the following litigation release:

The Securities and Exchange Commission today charged Matthew A. Krimm, a former mortgage loan officer, with defrauding investors, including mortgage loan customers of his former employer.

The SEC's complaint, filed in federal court in Wilmington, Delaware, charges Krimm and the company he owned, Krimm Financial Services, LLC (KFS), with fraudulently inducing at least 25 investors to invest more than $1.69 million with Krimm and KFS in an unregistered offering of promissory notes. The complaint ... Show Full Article

Peoria's Green Chevrolet to Pay $65,000 to Settle EEOC Discrimination Suit
CHICAGO, April 25 -- The Equal Employment Opportunity Commission issued the following news release:

A Peoria, Ill., Chevrolet dealership will pay $65,000 and furnish other relief to settle a disability discrimination and retaliation lawsuit brought by the U.S. Equal Employment Opportunity Commission (EEOC), the federal agency announced today.

According to the EEOC's lawsuit, Green Chevrolet violated federal law by forcing an employee to transfer to a position that had never previously existed when the company learned that the employee was experiencing kidney failure and would require regular ... Show Full Article

NRC Receives Event Notification on Unaccounted Strontium-90 Sources
WASHINGTON, April 25 -- The Nuclear Regulatory Commission issued the following event notification (52684) involving U.S. Coast Guard, Washington:

UNACCOUNTED STRONTIUM-90 SOURCES

The U.S. Coast Guard did not properly dispose of Inflight Blade Inspection Systems (IBIS) containing 100 microCurie, Sr-90 sources during the retirement of 72 HH-52 aircrafts from 1987 to 1989 and 50 HH-3 aircrafts from 1990 to 1994. The HH-52 contain 3 canisters and HH-3 contain 5 canisters, each canister contain a 100 microCurie, Sr-90 source. Most canisters were retrieved and returned to the manufacture, General ... Show Full Article

NLRB Regional Director Issues Decision on Trinitas Regional Medical Center v. International Association of EMTs and Paramedics
WASHINGTON, April 25 -- The National Labor Relations Board issued the following decision by Regional Director on Trinitas Regional Medical Center v. International Association of EMTs and Paramedics:

TRINITAS REGIONAL MEDICAL CENTER1

Employer and

INTERNATIONAL ASSOCIATION OF EMTS AND PARAMEDICS, SEIU, LOCAL 50002

Petitioner

CASE NO. 22-RC-193804

DECISION AND ORDER

I. INTRODUCTION

On February 24, 2017, International Association of EMTs and Paramedics, SEIU, Local 5000 ("Petitioner"), filed a representation petition pursuant to Section 9(c) of the National Labor Relations Act ... Show Full Article

FCC Chairman Pai Speaks at National Association of Broadcasters Show
LAS VEGAS, April 25 -- The Federal Communications Commission issued the text of the following remarks by Chairman Ajit Pai at the National Association of Broadcasters conference:

"Thank you, Senator Smith, for that warm introduction and for your outstanding leadership.

"I have a confession to make. After the Oregon Ducks beat the Kansas Jayhawks in this year's Elite Eight, I briefly considered turning down Senator Smith's invitation to address the NAB Show. But then I quickly remembered that the Chairman of our congressional oversight committee, Greg Walden, is a University of Oregon graduate ... Show Full Article

Broker Charged With Defrauding Customers
WASHINGTON, April 25 -- The Securities and Exchange Commission issued the following news release:

The Securities and Exchange Commission today charged a former broker with knowingly or recklessly trading unsuitable investment products in the accounts of five customers and misappropriating more than $170,000 from one of those customers.

The SEC's complaint alleges that Demitrios Hallas repeatedly traded unsuitable investments in his customers' accounts, exposing customers who were unsophisticated with limited or no investing experience and modest incomes, net worth levels, and assets to a ... Show Full Article