Tuesday - March 19, 2024





USITC Institutes Section 337 Investigation of Certain Liquid Coolers for Electronic Components in Computers, Components Thereof


WASHINGTON, March 16 -- The U.S. International Trade Commission issued the following news release on March 15, 2024:

The U.S. International Trade Commission (USITC) voted to institute an investigation of certain liquid coolers for electronic components in computers, components thereof, devices for controlling same, and products containing same. The products at issue in the investigation are described in the Commission's notice of investigation.

The investigation is based on a complaint filed by Cooler Master Co., Ltd. of Taipei City, Taiwan; CMI USA, Inc. of Claremont, CA; and CMC Great USA, ... Show Full Article



NRC Schedules Meetings to Discuss 2023 Performance of 3 Tennessee Valley Authority Nuclear Power Plants


WASHINGTON, March 16 -- The Nuclear Regulatory Commission issued the following news release on March 15, 2024:

Nuclear Regulatory Commission staff will hold two public meetings this month to discuss the 2023 safety performance of the Tennessee Valley Authority's Browns Ferry, Sequoyah, and Watts Bar nuclear power plants. The NRC is holding one meeting in-person and another virtually to provide more opportunities for the public to attend.

The first meeting is an "open house" on March 20 from 6:30-7:30 p.m. Eastern time at the Spring City Municipal Building, 369 Front St. in Spring City, Tennessee. ... Show Full Article



Litigation: SEC Vs. Evoqua Water Technologies, Imran Parekh


WASHINGTON, March 16 -- The Securities and Exchange Commission issued the following litigation release (No. 1:23-cv-MSM-PAS; D.R.I. filed March 13, 2023) involving Evoqua Water Technologies Corp. and Imran Parekh:

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SEC Obtains Final Judgment Against Defendant Imran Parekh for Accounting Violations

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On March 15, 2024, the U.S. District Court for the District of Rhode Island entered a final judgment against Evoqua Water Technologies Corp.'s former division-level finance director, Imran Parekh, in a case the Commission previously filed alleging improper accounting practices. Evoqua is ... Show Full Article



FEC Issues Digest for Week of March 11-15


WASHINGTON, March 16 -- The Federal Election Commission issued the following weekly digest:

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Commission meetings and hearings

On March 12 and 14, the Commission met in executive session.

On March 14, the Commission held an open meeting.

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Advisory Opinions

Comment received

Advisory Opinion 2024-01 (Texas Majority PAC) (https://www.fec.gov/data/legal/advisory-opinions/2024-01/) On March 14, the Commission held over discussion of two drafts of Advisory Opinion Request 2024-01, in response to a request from Texas Majority PAC concerning its proposal to hire vendors to canvass potential ... Show Full Article



CFTC Commissioner Pham Issues Statement on Administrative Proceedings


WASHINGTON, March 16 -- The Commodity Futures Trading Commission issued the following statement on March 15, 2024, by Commissioner Caroline D. Pham on administrative proceedings:

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The appropriate use of agency administrative proceedings has generated much debate. I have previously shared my views on the Commission's use of administrative proceedings before a hearing officer in the absence of an Administrative Law Judge (ALJ) and in lieu of filing an action in federal court.[1] I now turn to other uses of the Commission's agency adjudication authority. The federal courts serve as an essential ... Show Full Article



CFTC Commissioner Johnson Issues Statement on Proposed Consent Order Against Empires Consulting


WASHINGTON, March 16 -- The Commodity Futures Trading Commission issued the following statement on March 15, 2024, by Commissioner Kristin N. Johnson on proposed consent order against Empires Consulting Corp.:

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The Commodity Futures Trading Commission (CFTC or Commission) announced the filing of a Proposed Consent Order to resolve claims against a Ponzi-scheme operator that fraudulently solicited more than $41.6 million from at least 12,500 individuals in the U.S. and abroad.

From at least September 2020 through February 2022, Defendant Empires Consulting Corp. (Empires Consulting) and ... Show Full Article



CFTC Commissioner Johnson Issues Opening Statement at Market Risk Advisory Committee Future of Finance Subcommittee Meeting


WASHINGTON, March 16 -- The Commodity Futures Trading Commission issued the following opening statement on March 15, 2024, by Commissioner Kristin N. Johnson at the Market Risk Advisory Committee Future of Finance subcommittee meeting:

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It is my pleasure to welcome you to the Market Risk Advisory Committee's (MRAC) Future of Finance (FoF) Subcommittee meeting.

The Promise and Peril of AI

Increasingly, diverse industries and sectors of our economy identify opportunities to integrate aspects of the assemblage of technologies that we commonly describe as artificial intelligence or AI technologies. ... Show Full Article