Federal Regulatory Agencies
Here's a look at documents from federal regulatory agencies
Featured Stories
SEC Establishes Joint Data Standards as Required Under the Financial Data Transparency Act of 2022
WASHINGTON, June 8 -- The Securities and Exchange Commission issued the following news release:
* * *
SEC Establishes Joint Data Standards as Required Under the Financial Data Transparency Act of 2022
*
The U.S. Securities and Exchange Commission established joint data standards under the Financial Data Transparency Act of 2022. The final rule establishes technical standards for data submitted to certain financial regulatory agencies. Eight additional agencies have established or are expected to act on establishing the joint standards: the Board of Governors of the Federal Reserve System, the
... Show Full Article
WASHINGTON, June 8 -- The Securities and Exchange Commission issued the following news release:
* * *
SEC Establishes Joint Data Standards as Required Under the Financial Data Transparency Act of 2022
*
The U.S. Securities and Exchange Commission established joint data standards under the Financial Data Transparency Act of 2022. The final rule establishes technical standards for data submitted to certain financial regulatory agencies. Eight additional agencies have established or are expected to act on establishing the joint standards: the Board of Governors of the Federal Reserve System, theCommodity Futures Trading Commission, the Consumer Financial Protection Bureau, the Department of the Treasury, the Federal Deposit Insurance Corporation, the Federal Housing Finance Agency, the National Credit Union Administration, and the Office of the Comptroller of the Currency.
The joint standards are designed to promote interoperability of financial regulatory data across the agencies by establishing common identifiers for entities, geographic locations, dates, and certain products and currencies.
"The establishment of joint data standards across federal financial regulators will help ensure consistent data collection that will both ease burdens for financial institutions and make data more accessible to investors," said SEC Chairman Paul S. Atkins.
"This action is a first step towards implementing the Financial Data Transparency Act across federal financial regulatory agencies," said SEC Commissioner Mark T. Uyeda. "I am grateful to our colleagues across the federal government for their cooperation on this effort, which will be followed by separate rulemaking for agency-specific standards that will further improve the accessibility of financial data."
In addition, the standards include a principles-based joint standard with respect to data transmission and schema and taxonomy formats, which would allow financial institutions to submit high-quality, machine-readable data to the agencies.
***
Original text here: https://www.sec.gov/newsroom/press-releases/2026-53-sec-establishes-joint-data-standards-required-under-financial-data-transparency-act-2022
NCUA Board Approves Final Rule on Dependent Care and Board Member Reimbursement
ALEXANDRIA, Virginia, June 8 -- The National Credit Union Administration issued the following news release:
* * *
NCUA Board Approves Final Rule on Dependent Care and Board Member Reimbursement
*
Alexandria, VA (June 8, 2026) -The National Credit Union Administration today issued a final rule for Dependent Care and Board Member Reimbursement.
The NCUA Board amended its regulations concerning the reimbursement of reasonable expenses for federal credit union officials to remove potential barriers to volunteer service. This final rule provides flexibility for a federal credit union's board to
... Show Full Article
ALEXANDRIA, Virginia, June 8 -- The National Credit Union Administration issued the following news release:
* * *
NCUA Board Approves Final Rule on Dependent Care and Board Member Reimbursement
*
Alexandria, VA (June 8, 2026) -The National Credit Union Administration today issued a final rule for Dependent Care and Board Member Reimbursement.
The NCUA Board amended its regulations concerning the reimbursement of reasonable expenses for federal credit union officials to remove potential barriers to volunteer service. This final rule provides flexibility for a federal credit union's board toadopt more family-friendly policies tailored to its size, region, and operations. Previously, dependent care costs had not been considered reasonable expenses under NCUA regulation 12 C.F.R. 701.33.
The final rule applies to all federal credit unions, including corporate federal credit unions. It will not apply to federally insured, state-chartered credit unions, which remain subject to state law.
The final rule is effective 30 days from the date of publication in the Federal Register and takes into consideration public comments received from the proposed rule that was issued on January 26, 2026. Find the final rule here: This is an external link to a website belonging to another federal agency, private organization, or commercial entity. https://www.federalregister.gov/public-inspection/2026-11507/dependent-care-and-board-member-expense-reimbursement (Opens new window)
***
Original text here: https://ncua.gov/newsroom/press-release/2026/ncua-board-approves-final-rule-dependent-care-and-board-member-reimbursement
CFTC Establishes Joint Data Standards as Required Under the Financial Data Transparency Act of 2022
WASHINGTON, June 8 -- The Commodity Futures Trading Commission issued the following news release:
* * *
CFTC Establishes Joint Data Standards as Required Under the Financial Data Transparency Act of 2022
*
WASHINGTON -The Commodity Futures Trading Commission established joint data standards under the Financial Data Transparency Act of 2022. The final rule establishes technical standards for data submitted to certain financial regulatory agencies. Eight additional agencies have established or are expected to act on establishing the joint standards: the Board of Governors of the Federal Reserve
... Show Full Article
WASHINGTON, June 8 -- The Commodity Futures Trading Commission issued the following news release:
* * *
CFTC Establishes Joint Data Standards as Required Under the Financial Data Transparency Act of 2022
*
WASHINGTON -The Commodity Futures Trading Commission established joint data standards under the Financial Data Transparency Act of 2022. The final rule establishes technical standards for data submitted to certain financial regulatory agencies. Eight additional agencies have established or are expected to act on establishing the joint standards: the Board of Governors of the Federal ReserveSystem, the Securities and Exchange Commission, the Consumer Financial Protection Bureau, the Department of the Treasury, the Federal Deposit Insurance Corporation, the Federal Housing Finance Agency, the National Credit Union Administration, and the Office of the Comptroller of the Currency.
The joint standards are designed to promote interoperability of financial regulatory data across the agencies by establishing common identifiers for entities, geographic locations, dates, and certain products and currencies.
"As market participants operate in an increasingly convergent financial ecosystem, they must navigate the regulatory requirements of multiple federal agencies that often require them to report similar or identical data using different data standards," Chairman Selig said. "These inconsistencies increase costs on firms without a commensurate benefit to regulators' use of the collected data. This final rule is an important step towards reducing these unnecessary burdens."
In addition, the standards include a principles-based joint standard with respect to data transmission and schema and taxonomy formats, which would allow financial institutions to submit high-quality, machine-readable data to the agencies.
***
Original text here: https://www.cftc.gov/PressRoom/PressReleases/9248-26
USITC Institutes Section 337 Investigation of Certain Smart Devices
WASHINGTON, June 6 -- The U.S. International Trade Commission issued the following news release:
* * *
USITC Institutes Section 337 Investigation of Certain Smart Devices
The U.S. International Trade Commission (Commission or USITC) voted to institute an investigation of certain smart devices. The products at issue in the investigation are described in the Commission's notice of investigation.
The investigation is based on a complaint filed on behalf of Cerence Operating Company of Burlington, Massachusetts, on May 6, 2026. Supplements to the complaint were filed on May 12, 2026, and May 13,
... Show Full Article
WASHINGTON, June 6 -- The U.S. International Trade Commission issued the following news release:
* * *
USITC Institutes Section 337 Investigation of Certain Smart Devices
The U.S. International Trade Commission (Commission or USITC) voted to institute an investigation of certain smart devices. The products at issue in the investigation are described in the Commission's notice of investigation.
The investigation is based on a complaint filed on behalf of Cerence Operating Company of Burlington, Massachusetts, on May 6, 2026. Supplements to the complaint were filed on May 12, 2026, and May 13,2026. The complaint, as supplemented, alleges violations of section 337 of the Tariff Act of 1930 in the importation into the United States and sale of certain smart devices that infringe certain claims of the patents asserted by the complainant. The complainant requests that the USITC issue a limited exclusion order and cease and desist orders.
The USITC has identified the following respondents in this investigation:
* Amazon.com, Inc., Seattle, Washington
* Amazon.com Services, LLC, Seattle, Washington
By instituting this investigation (337-TA-1504), the USITC has not yet made any decision on the merits of the case. The USITC's Chief Administrative Law Judge will assign the case to one of the USITC's administrative law judges (ALJ), who will schedule and hold an evidentiary hearing. The ALJ will make an initial determination as to whether there is a violation of section 337; that initial determination is subject to review by the Commission.
The USITC will make a final determination in the investigation at the earliest practicable time. Within 45 days after institution of the investigation, the USITC will set a target date for completing the investigation. USITC remedial orders in section 337 cases are effective when issued and become final 60 days after issuance unless disapproved for policy reasons by the U.S. Trade Representative within that 60-day period.
* * *
Original text here: https://www.usitc.gov/press_room/news_release/2026/er0605_68703.htm
SEC Files Settled Action as to Real Estate Investment Manager, Its President for Allegedly Making Untrue Statements to Retail Investors
WASHINGTON, June 6 -- The Securities and Exchange Commission issued the following litigation release (No. 3:26-cv-01846-B; N.D. Tex. filed June 4, 2026):
* * *
Securities and Exchange Commission v. Phoenix American Hospitality, LLC and William Lee "Perch" Nelson, No. 3:26-cv-01846-B (N.D. Tex. filed June 4, 2026)
On June 4, 2026, the Securities and Exchange Commission filed a settled action as to Phoenix American Hospitality, LLC, a Texas-based manager of real estate investment vehicles, and William Lee "Perch" Nelson of Dallas, Texas, PAH's president, for allegedly making untrue statements
... Show Full Article
WASHINGTON, June 6 -- The Securities and Exchange Commission issued the following litigation release (No. 3:26-cv-01846-B; N.D. Tex. filed June 4, 2026):
* * *
Securities and Exchange Commission v. Phoenix American Hospitality, LLC and William Lee "Perch" Nelson, No. 3:26-cv-01846-B (N.D. Tex. filed June 4, 2026)
On June 4, 2026, the Securities and Exchange Commission filed a settled action as to Phoenix American Hospitality, LLC, a Texas-based manager of real estate investment vehicles, and William Lee "Perch" Nelson of Dallas, Texas, PAH's president, for allegedly making untrue statementsto retail investors about the assets held by, and profitability of, two hotel-focused investment funds.
The SEC's complaint, filed in the United States District Court for the Northern District of Texas, alleged that PAH and Nelson raised approximately $86 million from more than 2,000 retail investors in the two funds from March 2022 through July 2024. According to the complaint, PAH, through Nelson, claimed that one fund owned as many as 11 hotels, while, in reality, the fund owned only a preferred equity interest in a single hotel until January 2024, when it acquired interests in other hotels. As further alleged, PAH, through Nelson, made untrue statements that both funds made regular profit distributions of up to 12% per year to investors, when, in reality, neither of the funds was profitable and distributions were primarily funded by returns of investor capital.
Without admitting the allegations in the SEC's complaint, PAH and Nelson each consented to the entry of a final judgment, subject to court approval, in which each agreed to be permanently enjoined from violating the antifraud provisions of Section 17(a) of the Securities Act of 1933 and Section 10(b) of the Securities Exchange Act of 1934 and Rule 10b-5 thereunder. The final judgments, if approved by the court, also would order PAH to pay a $591,127 civil penalty and Nelson to pay a $118,225 civil penalty, as well as impose a five-year officer and director bar on Nelson.
The SEC's investigation was conducted by John Chisholm and Jeremy Graves under the supervision of Marc Ricchiute and Nicholas Heinke, with assistance from trial counsel Rachel Yeates under the supervision of Gregory Kasper, all of the SEC's Denver Regional Office.
* * *
Resources
* SEC Complaint (https://www.sec.gov/files/litigation/complaints/2026/comp26560.pdf)
* * *
Original text here: https://www.sec.gov/enforcement-litigation/litigation-releases/lr-26560
FCC Wireline Competition Bureau Issues Public Notice Reminding Eligible Telecommunications Carriers of Need to File FCC Form 481 to Receive Lifeline Support
WASHINGTON, June 6 -- The Federal Communications Commission's Wireline Competition Bureau issued the following public notice (WC Docket No. 11-42):
* * *
The Wireline Competition Bureau (Bureau) issues this Public Notice to remind eligible telecommunications carriers (ETCs) that the information required pursuant to section 54.422 of the Commission's rules must be filed by July 1, 2026, using FCC Form 481, in order to receive low-income support under the Lifeline program./1
Pursuant to section 54.422(a), all ETCs must report information related to company names and ownership, and also the terms
... Show Full Article
WASHINGTON, June 6 -- The Federal Communications Commission's Wireline Competition Bureau issued the following public notice (WC Docket No. 11-42):
* * *
The Wireline Competition Bureau (Bureau) issues this Public Notice to remind eligible telecommunications carriers (ETCs) that the information required pursuant to section 54.422 of the Commission's rules must be filed by July 1, 2026, using FCC Form 481, in order to receive low-income support under the Lifeline program./1
Pursuant to section 54.422(a), all ETCs must report information related to company names and ownership, and also the termsand conditions of offered Lifeline plans./2 Pursuant to section 54.422(b), all ETCs designated under section 214(e)(6) of the Communications Act who do not receive high-cost support must also make additional submissions, including information on outages and complaints, and make certifications regarding compliance with relevant Commission rules./3 ETCs provide this information on the FCC Form 481./4
The window for filing FCC Form 481 opened on April 1, 2026, and service providers can log into https://forms.universalservice.org/portal/login to access, certify, and file FCC Form 481 by the July 1, 2026 deadline. Pursuant to section 54.422, all outstanding and future Lifeline reimbursements will be withheld from ETCs who do not file FCC Form 481 by July 1, 2026, until such time that the ETC files the required form./5 Even if an ETC does not currently intend to seek Lifeline support, it must file FCC Form 481 to receive outstanding or future reimbursements./6
To request materials in accessible formats for people with disabilities (Braille, large print, electronic files, audio format), send an e-mail to fcc504@fcc.gov or call the Consumer and Governmental Affairs Bureau at 202-418-0530.
* * *
Footnotes:
1/ See 47 CFR Sec. 54.422. Although the Commission recently issued a Notice of Proposed Rulemaking to request comment on potentially making changes to FCC Form 481, requirements related to the FCC Form 481 remain unchanged at this time. See Lifeline and Link Up Reform and Modernization et al., WC Docket No. 11-42 et al., Notice of Proposed Rulemaking, FCC 26-8, 2026 WL 607836, at *23-24, paras. 71-77 (Feb. 23, 2026). The guidance herein applies to all ETCs, including those operating pursuant to compliance plans.
2/ See 47 CFR Sec. 54.422(a).
3/ See 47 CFR Sec. 54.422(b) (stating that "[i]n order to receive support under this subpart, a common carrier that is designated as an eligible telecommunications carrier under section 214(e)(6) of the Act and does not receive support under subpart D of this part must annually provide" the required information).
4/ See FCC, FCC Form 481 and Instructions, https://www.fcc.gov/document/fcc-form-481-and-instructions (last visited May 8, 2026); USAC, Forms, https://www.usac.org/lifeline/rules-and-requirements/forms/ (last visited May 8, 2026).
5/ See 47 CFR Sec. 54.422. However, reimbursements being withheld for additional or unrelated reasons will remain withheld, even after the filing of FCC Form 481.
6/ ETCs who have no expectation of receiving future Lifeline reimbursements may seek to relinquish their ETC designation. See 47 U.S.C. Sec. 214(e)(4); 47 CFR Sec. 54.205.
* * *
Original text here: https://docs.fcc.gov/public/attachments/DA-26-561A1.pdf
FCC Wireless Telecommunications Bureau Issues Public Notice Reminding Wireless Handset Manufacturers of Upcoming Hearing Aid Compatibility Compliance Dates
WASHINGTON, June 6 -- The Federal Communications Commission's Wireless Telecommunications Bureau issued the following public notice (WT Docket No. 23-388):
* * *
The Wireless Telecommunications Bureau (Bureau) reminds wireless handset manufacturers of upcoming hearing aid compatibility filing deadlines and the end of the 100% hearing aid compatibility transition period./1 Handset manufacturers will file their last FCC Form 655 this coming July./2 This compliance filing will cover the reporting period from July 1, 2025 to June 30, 2026 and will show compliance with the Commission's existing 85%
... Show Full Article
WASHINGTON, June 6 -- The Federal Communications Commission's Wireless Telecommunications Bureau issued the following public notice (WT Docket No. 23-388):
* * *
The Wireless Telecommunications Bureau (Bureau) reminds wireless handset manufacturers of upcoming hearing aid compatibility filing deadlines and the end of the 100% hearing aid compatibility transition period./1 Handset manufacturers will file their last FCC Form 655 this coming July./2 This compliance filing will cover the reporting period from July 1, 2025 to June 30, 2026 and will show compliance with the Commission's existing 85%hearing aid compatibility benchmark along with all other applicable hearing aid compatibility requirements./3 The filing window for this last FCC Form 655 submission will open on July 1, 2026 and close on July 31, 2026 and will be accessible at https://www.fcc.gov/filing-hearing-aid-compatibility-reports-and-certifications.
The Bureau also reminds handset manufacturers that the 100% hearing aid compatibility benchmark and related provisions will take effect starting on December 15, 2026./4 Starting on this date, handset manufacturers may no longer offer non-hearing aid compatible handset models. Further, 85% of the handset models that handset manufacturers offer must meet acoustic and telecoil coupling requirements./5 The other 15% of handset models that handset manufacturers offer must meet acoustic and Bluetooth coupling requirements; these handset models may also meet telecoil requirements in addition to the acoustic and Bluetooth coupling requirements./6 In addition, as is currently required, all new handset models must meet either the 2019 ANSI Standard's volume control requirement or the temporary volume control waiver standard which is set to expire on September 29, 2027./7
In addition, the Bureau reminds handset manufacturers that starting next January they will file their first revised FCC Form 855 demonstrating compliance with the 100% hearing aid compatibility benchmark and related requirements./8 This filing will cover the reporting period of December 15 to December 31, 2026./9 Thereafter, the filing will cover the previous calendar year of January 1 through December 31. The filing window for the upcoming FCC Form 855 submission will open on January 4, 2027 and close on February 1, 2027. The form will be accessible at https://www.fcc.gov/filing-hearingaid-compatibility-reports-and-certifications and will be identified as revised FCC Form 855 for handset manufacturers./10 Starting January 2027 and every January thereafter handset manufacturers and service providers will both be submitting FCC Form 855 compliance filings during the January filing window./11 It is important, therefore, that handset manufacturers and service providers file the version of the form applicable to them.
The hearing aid compatibility requirements apply to all handset manufacturers that offer handset models for sale or use in the United States that are used to deliver digital mobile services./12 These rules apply regardless of whether the manufacturer is located outside of the United States or whether a handset manufacturer's handset models are offered by third parties for use in the United States or are sold under different brand names for use in the United States./13 If the handset manufacturer is a non-U.S. company, the company's U.S. business office address and phone number must be included with its certification filings. If the filing company does not have a U.S. business office address, then the filer must use its U.S. agent's address.
Commission staff will review hearing aid compatibility certifications to ensure that they are timely and accurately filed and demonstrate full compliance with the Commission's rules.
* * *
Footnotes:
1/ See Achieving 100% Wireless Handset Model Hearing Aid Compatibility, WT Docket No. 23-388, Report and Order, 39 FCC Rcd 11917 (2024); 47 CFR Sec. 20.19.
2/ 47 CFR Sec. 20.19(i)(1), (4).
3/ 47 CFR Sec. 20.19(i).
4/ 47 CFR Sec. 20.19(c)(2).
5/ Acoustic coupling requirements refer to RF interference requirements under the applicable ANSI standard. 47 CFR Sec. 20.19(a) (definition of acoustic coupling); id at Sec. 20.19(b)(1)-(2) (referencing the 2019 ANSI standard's requirements for certifying handset models as hearing aid compatible).
6/ 47 CFR Sec. 20.19(c)(2)(iii).
7/ 47 CFR Sec. 20.19(c)(2)(v); see also Amendment of the Commission's Rules Governing Standards for Hearing AidCompatible Handsets, WT Docket No. 20-3, Order, 38 FCC Rcd 8636 (WTB Sept. 29, 2023) (adopting a temporary volume control standard); Achieving 100% Wireless Handset Model Hearing Aid Compatibility, WT Docket No. 23388, Order, DA 25-759 (WTB Aug. 26, 2025) (extending use of the temporary volume control standard).
8/ 47 CFR Sec. 20.19(i)(4).
9/ Between July 1, 2026 and December 14, 2026, handset manufacturers must be in compliance with the 85% hearing aid compatibility benchmark and related hearing aid compatibility requirements. Handset manufacturers who are not already in compliance with the 100% hearing aid compatibility benchmark must ensure they will be in compliance with this benchmark by December 15, 2026 and, therefore, we will not require handset manufacturers to file a closeout FCC Form 655 for the period between July 1, 2026 and December 14, 2026.
10/ Service providers will continue to file the current version of FCC Form 855 until the 100% hearing aid compatibility transition period applicable to them ends. 47 CFR Sec. 20.19(i). After the transition period applicable to them ends, they will file revised FCC Form 855. For nationwide service providers, the 100% hearing aid capability transition period ends on June 14, 2027, and for non-nationwide service providers, the transition period ends on June 13, 2028. 47 CFR Sec. 20.19(c)(4), (6).
11/ 47 CFR Sec. 20.19(i)(4).
12/ 47 CFR Sec. 20.19(c).
13/ 47 CFR Sec. 20.19(a) (definition of a handset manufacturer); id at 20.19(c).
* * *
Original text here: https://docs.fcc.gov/public/attachments/DA-26-555A1.pdf
