Featured Stories
NRC Proposes $36,000 Civil Penalty Against Industrial Radiography Company for Safety Violations
WASHINGTON, Oct. 24 -- The Nuclear Regulatory Commission issued the following news release:
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NRC Proposes $36,000 Civil Penalty Against Industrial Radiography Company for Safety Violations
October 23, 2026
NAPERVILLE, Ill. -- The Nuclear Regulatory Commission has proposed a $36,000 civil penalty against Acuren Inspection Inc. for four safety violations involving industrial radiography at the company's Alaska site.
The company is licensed by the NRC to conduct industrial radiography at multiple locations.
An NRC inspection identified failures to conduct required radiation surveys, follow
... Show Full Article
WASHINGTON, Oct. 24 -- The Nuclear Regulatory Commission issued the following news release:
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NRC Proposes $36,000 Civil Penalty Against Industrial Radiography Company for Safety Violations
October 23, 2026
NAPERVILLE, Ill. -- The Nuclear Regulatory Commission has proposed a $36,000 civil penalty against Acuren Inspection Inc. for four safety violations involving industrial radiography at the company's Alaska site.
The company is licensed by the NRC to conduct industrial radiography at multiple locations.
An NRC inspection identified failures to conduct required radiation surveys, followradiography procedures, adequately oversee radiographic activities and provide proper instructions for responding to equipment alarms.
The NRC issued the enforcement action after reviewing the violations, the company's written response, and corrective actions the company has taken or planned to bring its activities into compliance with NRC regulations.
Acuren has 30 days to pay the fine, dispute it, or ask a neutral third party to review the case.
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Original text here: https://www.nrc.gov/about-nrc/news-releases/2026/26-016-iii
FCC Issues Notice of Violation to BMG Billings
WASHINGTON, Oct. 24 (TNSdock) -- The Federal Communications Commission Enforcement Bureau has issued a notice of violation entitled "In the Matter of BMG Billings, LLC" (File No.: EB-FIELDWR-24-00037341), following an inspection that uncovered multiple Emergency Alert System infractions at four radio stations in Billings, Montana.
The action targets BMG Billings, LLC, the licensee operating KEWF, KRPM, KYSX, and KRSQ. An agent from the Denver Office visited the facilities at 1302 Avenue D, Suite 103, on July 29, 2026, after receiving a complaint.
During the site check, investigators identified
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WASHINGTON, Oct. 24 (TNSdock) -- The Federal Communications Commission Enforcement Bureau has issued a notice of violation entitled "In the Matter of BMG Billings, LLC" (File No.: EB-FIELDWR-24-00037341), following an inspection that uncovered multiple Emergency Alert System infractions at four radio stations in Billings, Montana.
The action targets BMG Billings, LLC, the licensee operating KEWF, KRPM, KYSX, and KRSQ. An agent from the Denver Office visited the facilities at 1302 Avenue D, Suite 103, on July 29, 2026, after receiving a complaint.
During the site check, investigators identifiedthree specific compliance failures. First, the stations monitored a secondary Emergency Alert System source not assigned to them or listed in the State of Montana Emergency Alert System Plan. Second, the licensee failed to provide signed logs demonstrating that required emergency tests were conducted in accordance with federal rules and operating handbooks. Third, the chief operator failed to take required corrective measures to stop the stations from using the unapproved emergency monitoring source.
Federal officials emphasized that the Emergency Alert System serves a vital public safety role and expects full adherence from broadcast licensees. Issuing this notice does not prevent the agency from taking additional enforcement actions, such as imposing financial penalties.
BMG Billings must submit a written statement within 20 days of the release date. The response must explain the circumstances of each infraction, detail corrective actions taken to prevent repeat occurrences, and provide a timeline for ongoing remedies. Federal regulations require an authorized officer to support the filing with an affidavit or declaration under penalty of perjury.
-- Vidhi Gianani, Targeted News Service
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BMG Billings LLC is based in Cherry Hills Village, Colorado.
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URL: BMG Billings LLC
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Original text here: https://docs.fcc.gov/public/attachments/DA-26-1148A1.pdf
FCC Issues Daily Digest for Oct. 23
WASHINGTON, Oct. 24 (TNSdock) -- The Federal Communications Commission issued the following Daily Digest (Vol. 45, No. 204) on Oct. 23, 2026:
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THE FOLLOWING ITEMS ARE DATED AND RELEASED TODAY:
PUBLIC NOTICES
Report No: TEL-02693NS. Released: 2026-10-23. NON STREAMLINED INTERNATIONAL APPLICATIONS/PETITIONS ACCEPTED FOR FILING - ITC. (DA No. 26-1149). OIA. Contact: ICFSinfo@fcc.gov. DA-26-1149A1.pdf (https://docs.fcc.gov/public/attachments/DA-26-1149A1.pdf) DA-26-1149A1.txt (https://docs.fcc.gov/public/attachments/DA-26-1149A1.txt)
Report No: SCL-00644S. Released: 2026-10-23. STREAMLINED
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WASHINGTON, Oct. 24 (TNSdock) -- The Federal Communications Commission issued the following Daily Digest (Vol. 45, No. 204) on Oct. 23, 2026:
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THE FOLLOWING ITEMS ARE DATED AND RELEASED TODAY:
PUBLIC NOTICES
Report No: TEL-02693NS. Released: 2026-10-23. NON STREAMLINED INTERNATIONAL APPLICATIONS/PETITIONS ACCEPTED FOR FILING - ITC. (DA No. 26-1149). OIA. Contact: ICFSinfo@fcc.gov. DA-26-1149A1.pdf (https://docs.fcc.gov/public/attachments/DA-26-1149A1.pdf) DA-26-1149A1.txt (https://docs.fcc.gov/public/attachments/DA-26-1149A1.txt)
Report No: SCL-00644S. Released: 2026-10-23. STREAMLINEDSUBMARINE CABLE LANDING LICENSE APPLICATIONS - SCL. (DA No. 26-1151). OIA. Contact: ICFSinfo@fcc.gov. DA-26-1151A1.pdf (https://docs.fcc.gov/public/attachments/DA-26-1151A1.pdf) DA-26-1151A1.txt (https://docs.fcc.gov/public/attachments/DA-26-1151A1.txt)
Report No: SCL-00645NS. Released: 2026-10-23. NON-STREAMLINED SUBMARINE CABLE LANDING LICENSE APPLICATIONS - SCL. (DA No. 26-1153). OIA. Contact: ICFSinfo@fcc.gov. DA-26-1153A1.pdf (https://docs.fcc.gov/public/attachments/DA-26-1153A1.pdf) DA-26-1153A1.txt (https://docs.fcc.gov/public/attachments/DA-26-1153A1.txt)
Report No: REPORT NO. PN-3-261023-01. Released: 2026-10-23. PLEADINGS. MB. DOC-426143A1.pdf (https://docs.fcc.gov/public/attachments/DOC-426143A1.pdf) DOC-426143A1.txt (https://docs.fcc.gov/public/attachments/DOC-426143A1.txt)
Report No: REPORT NO. PN-2-261023-01. Released: 2026-10-23. ACTIONS. MB. DOC-426142A1.pdf (https://docs.fcc.gov/public/attachments/DOC-426142A1.pdf) DOC-426142A1.txt (https://docs.fcc.gov/public/attachments/DOC-426142A1.txt)
Report No: SAT-02049. Released: 2026-10-23. SATELLITE LICENSING DIVISION AND SATELLITE PROGRAMS AND POLICY DIVISION INFORMATION - SAT - ACTIONS TAKEN. (DA No. 26-1147). SB. Contact: ICFSinfo@fcc.gov. DA-26-1147A1.pdf (https://docs.fcc.gov/public/attachments/DA-26-1147A1.pdf) DA-26-1147A1.txt (https://docs.fcc.gov/public/attachments/DA-26-1147A1.txt)
Report No: ISP-00004. Released: 2026-10-23. SECTION 310(B) PETITIONS FOR DECLARATORY RULING - ISP. (DA No. 26-1152). OIA. Contact: ICFSinfo@fcc.gov. DA-26-1152A1.pdf (https://docs.fcc.gov/public/attachments/DA-26-1152A1.pdf) DA-26-1152A1.txt (https://docs.fcc.gov/public/attachments/DA-26-1152A1.txt)
Report No: REPORT NO. PN-1-261023-01. Released: 2026-10-23. APPLICATIONS. MB. DOC-426141A1.pdf (https://docs.fcc.gov/public/attachments/DOC-426141A1.pdf) DOC-426141A1.txt (https://docs.fcc.gov/public/attachments/DOC-426141A1.txt)
Report No: TEL-02694S. Released: 2026-10-23. STREAMLINED INTERNATIONAL APPLICATIONS ACCEPTED FOR FILING - ITC. (DA No. 26-1150). OIA. Contact: ICFSinfo@fcc.gov. DA-26-1150A1.pdf DA-26-1150A1.txt
Released: 2026-10-23. PUBLIC SAFETY AND HOMELAND SECURITY BUREAU HIGHLIGHTS CYBERSECURITY BEST PRACTICES FOR COMMUNICATIONS SERVICE PROVIDERS. (DA No. 26-1109). (Dkt No 18-99). PSHSB. DA-26-1109A1.docx DA-26-1109A1.pdf (https://docs.fcc.gov/public/attachments/DA-26-1150A1.pdf) DA-26-1109A1.txt (https://docs.fcc.gov/public/attachments/DA-26-1150A1.txt)
Released: 2026-10-23. EX PARTE PRESENTATIONS AND POST-REPLY COMMENT PERIOD FILING IN PERMIT-BUT-DISCLOSURE PROCEEDINGS RECEIVED ON 10-22-26. OMD. Contact: Kenneth Hill, 202-418-7521. DOC-426144A1.pdf (https://docs.fcc.gov/public/attachments/DA-26-1150A1.pdf) DOC-426144A1.txt (https://docs.fcc.gov/public/attachments/DOC-426144A1.txt)
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TEXTS
TELNYX, LLC INTERNATIONAL SIGNALING POINT CODE APPLICATIONS, FILE NOS. SPC-NEW-20260420-00003, SPC-NEW-20260430-00004, SPC-NEW-20260430-00005. OIA grant of Telnyx, LLC's applications for three International Signaling Point Codes and provisional assignment of two codes for use in Chicago. IL and one code for use in Ashburn, VA.. Action by: Office of International Affairs/Telecommunications and Analysis Division. by LETTER. (DA No. 26-1143). OIA. Contact: OIA, Arthur Lechtman and Stacey Ashton. DA-26-1143A1.pdf (https://docs.fcc.gov/public/attachments/DA-26-1143A1.pdf) DA-26-1143A1.txt (https://docs.fcc.gov/public/attachments/DA-26-1143A1.txt)
IN THE MATTER OF BMG BILLINGS, LLC -- BILLINGS, MONTANA. Notice of Violation issued for violation(s) as noted in the attached.. by NOV. (DA No. 26-1148). EB. DA-26-1148A1.docx (https://docs.fcc.gov/public/attachments/DA-26-1148A1.docx) DA-26-1148A1.pdf (https://docs.fcc.gov/public/attachments/DA-26-1148A1.pdf) DA-26-1148A1.txt (https://docs.fcc.gov/public/attachments/DA-26-1148A1.txt)
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ADDENDA: THE FOLLOWING ITEMS, RELEASED OCTOBER 22, 2026, DID NOT APPEAR IN DIGEST NO. 203:
SUNSHINE NOTICE
FCC TO HOLD OPEN COMMISSION MEETING THURSDAY, OCTOBER 29, 2026. Sunshine Notice. DOC-426131A1.docx (https://docs.fcc.gov/public/attachments/DOC-426131A1.docx) DOC-426131A1.pdf (https://docs.fcc.gov/public/attachments/DOC-426131A1.pdf) DOC-426131A1.txt (https://docs.fcc.gov/public/attachments/DOC-426131A1.txt)
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NEWS RELEASES
FCC BLOCKS TWO DEVICES CONTAINING FOREIGN SURVEILLANCE CHIPS. The FCC prevented two devices (a dashboard camera and a wireless video transmitter) from being marketed or sold in the United States.. by News Release. News Media Contact: MediaRelations@fcc.gov (202) 418-0500. OMR OET. DOC-426130A1.docx (https://docs.fcc.gov/public/attachments/DOC-426130A1.docx) DOC-426130A1.pdf (https://docs.fcc.gov/public/attachments/DOC-426130A1.pdf) DOC-426130A1.txt (https://docs.fcc.gov/public/attachments/DOC-426130A1.txt)
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PUBLIC NOTICES
Released: 2026-10-22. PSHSB ANNOUNCES REGION 42 (VIRGINIA) RPCS TO HOLD 700 MHZ AND 800 MHZ MEETINGS. (DA No. 26-1144). (Dkt No 23-237 02-378). Announces Region 42 (VA) RPC Meetings for 700 MHZ and 800 MHZ. PSHSB. Contact: Diana Coho (717) 338-2848. News Media Contact: John Evanoff (202) 418- 0848. Action by: PSHSB. DA-26-1144A1.docx (https://docs.fcc.gov/public/attachments/DA-26-1144A1.docx) DA-26-1144A1.pdf (https://docs.fcc.gov/public/attachments/DA-26-1144A1.pdf) DA-26-1144A1.txt (https://docs.fcc.gov/public/attachments/DA-26-1144A1.txt)
Released: 2026-10-22. DOMESTIC SECTION 214 APPLICATION FILED FOR THE ACQUISITION OF ASSETS AND TRANSFERS OF CONTROL BY AND TO ADAMS TELEPHONE CO-OPERATIVE AND ADAMS TELSYSTEMS, INC. (DA No. 26-1139). (Dkt No 26-268). Comments Due: 2026-11-05. Reply Comments Due: 2026-11-12. WCB OIA OGC. Contact: Megan Danner, Competition Policy Division, Wireline Competition Bureau, at (202) 418-1151.. DA-26-1139A1.docx (https://docs.fcc.gov/public/attachments/DA-26-1139A1.docx) DA-26-1139A1.pdf (https://docs.fcc.gov/public/attachments/DA-26-1139A1.pdf) DA-26-1139A1.txt (https://docs.fcc.gov/public/attachments/DA-26-1139A1.txt)
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TEXTS
421 NE 6TH ST LLC -- FORT LAUDERDALE, FLORIDA. NOHI for radio interference to City of Fort Lauderdale's public safety system. Action by: Regional Director, Region Two. by NOHI. (DA No. 26-1141). EB. DA-26-1141A1.docx (https://docs.fcc.gov/public/attachments/DA-26-1141A1.docx) DA-26-1141A1.pdf (https://docs.fcc.gov/public/attachments/DA-26-1141A1.pdf) DA-26-1141A1.txt (https://docs.fcc.gov/public/attachments/DA-26-1141A1.txt)
DALE E. WILLIFORD -- SILSBEE, TEXAS. Notice of Violation issued for violation(s) as noted in the attached.. by NOV. (DA No. 26-1140). EB. DA-26-1140A1.docx (https://docs.fcc.gov/public/attachments/DA-26-1140A1.docx) DA-26-1140A1.pdf (https://docs.fcc.gov/public/attachments/DA-26-1140A1.pdf) DA-26-1140A1.txt (https://docs.fcc.gov/public/attachments/DA-26-1140A1.txt)
INTEL CORPORATION PETITION FOR EXPEDITED WAIVER TO PERMIT CONTINUED USE AND MAINTENANCE OF CERTAIN AUTOMATED GUIDED VEHICLES. By this Order we grant the request of Intel Corporation ("Intel") for an Expedited Waiver of Sections 2.932 and 2.1043 of the Commission's rules to permit the continued utilization of specific Automated Guided Vehicles ("AGVs") for a period of one year. . Action by: By the Office of Engineering and Technology. Adopted: 2026-10-22 by ORDER. (DA No. 26-1146). OET. DA-26-1146A1.docx (https://docs.fcc.gov/public/attachments/DA-26-1146A1.docx) DA-26-1146A1.pdf (https://docs.fcc.gov/public/attachments/DA-26-1146A1.pdf) DA-26-1146A1.txt (https://docs.fcc.gov/public/attachments/DA-26-1146A1.txt)
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Original text here: https://www.fcc.gov/edocs/daily-digest/2026/10/23
FCC Fines Massachusetts Man $20,000 for Unauthorized Radio Station Operations
WASHINGTON, Oct. 23 (TNSdock) -- The Federal Communications Commission Enforcement Bureau has issued a $20,000 fine against Shane Kelly for engaging in unauthorized pirate radio broadcasting in Hyannis, Massachusetts. The penalty follows an investigation into an unlicensed station operating under the moniker "87.9 The Test," according to official agency documents in the matter of Shane Kelly, Hyannis, Massachusetts (File No.: EB-FIELDSCR-23-00034960).
Under the terms of the agency action, the FCC affirmed its proposed penalty after determining that Kelly willfully and knowingly operated an unlicensed
... Show Full Article
WASHINGTON, Oct. 23 (TNSdock) -- The Federal Communications Commission Enforcement Bureau has issued a $20,000 fine against Shane Kelly for engaging in unauthorized pirate radio broadcasting in Hyannis, Massachusetts. The penalty follows an investigation into an unlicensed station operating under the moniker "87.9 The Test," according to official agency documents in the matter of Shane Kelly, Hyannis, Massachusetts (File No.: EB-FIELDSCR-23-00034960).
Under the terms of the agency action, the FCC affirmed its proposed penalty after determining that Kelly willfully and knowingly operated an unlicensedbroadcast station on frequency 87.9 MHz on June 6, 2023. The Chief of the Enforcement Bureau released the decision following a review of Kelly's response to an earlier notice proposing the fine.
According to the FCC, unauthorized spectrum operations pose risks to the public by interfering with licensed broadcasts, public safety communications, and official Emergency Alert System transmissions. Under the Preventing Illegal Radio Abuse Through Enforcement Act (PIRATE Act), codified as section 511 of the Communications Act of 1934, illegal broadcasting carries potential statutory penalties up to $2,000,000, with daily limits subject to inflation adjustments.
The action stems from field monitoring conducted by agents from the FCC's Boston Field Office. On June 6, 2023, agents used direction-finding equipment to trace an unauthorized signal on 87.9 MHz directly to a residential property on Lincoln Road in Hyannis. Signal measurements demonstrated that the transmissions exceeded low-power limits permitted for unlicensed equipment under Part 15 regulations.
Public records confirmed Kelly as the property owner. During an in-person meeting on July 11, 2023, Kelly acknowledged operating the station, identifying it as an intermittent hobby, and confirmed he lacked an FCC license to broadcast on any frequency. Subsequent monitoring by field agents on December 12, 2023, detected no active transmissions originating from the location.
The FCC issued a Notice of Apparent Liability for Forfeiture on April 26, 2024, proposing the $20,000 monetary penalty. Kelly filed a response on May 19, 2024, admitting to operating the station and stating he would refrain from future illegal broadcasting. In his submission, he requested dismissal or leniency, stating that he had shut down the operations and disposed of the transmission equipment.
In its final determination, the Enforcement Bureau declined to cancel or reduce the fine. The agency noted that Kelly provided no supporting documentation or specific evidence demonstrating the complete disposal of his equipment. Consequently, officials concluded that the circumstances did not warrant a reduction based on statutory factors, such as voluntary disclosure or history of compliance.
Kelly has been ordered to pay the full $20,000 penalty within 30 days of the release date using approved electronic payment methods, including credit card, Automated Clearing House debit, or wire transfer. The agency noted that unpaid fines may be referred to the United States Department of Justice for court enforcement.
-- Vidhi Gianani, Targeted News Service
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Original text here: https://docs.fcc.gov/public/attachments/DA-26-1132A1.pdf
CPSC Issues Recall Alert Involving Lithonia Lighting RSX Luminaires With AASP, AARP, AAWB, AAWSC Adjustable Tilt Arm Mountings Used for Commercial Outdoor Lighting
WASHINGTON, Oct. 23 (TNSdock) -- The Consumer Product Safety Commission issued the following recall alert:
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Name of Product: Lithonia Lighting RSX Luminaires with AASP, AARP, AAWB, and AAWSC Adjustable Tilt Arm Mountings used for commercial outdoor lighting.
Hazard: The knuckle of the recalled adjustable tilt arm mountings can fail, allowing the luminaire to fall from the mounting arm, posing a risk of serious injury due to impact hazard.
Remedy: Repair
Recall Date: October 22, 2026
Units: About 11,532
Consumer Contact: Lithonia Lighting toll-free at 855-307-2454 between 8 a.m. and
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WASHINGTON, Oct. 23 (TNSdock) -- The Consumer Product Safety Commission issued the following recall alert:
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Name of Product: Lithonia Lighting RSX Luminaires with AASP, AARP, AAWB, and AAWSC Adjustable Tilt Arm Mountings used for commercial outdoor lighting.
Hazard: The knuckle of the recalled adjustable tilt arm mountings can fail, allowing the luminaire to fall from the mounting arm, posing a risk of serious injury due to impact hazard.
Remedy: Repair
Recall Date: October 22, 2026
Units: About 11,532
Consumer Contact: Lithonia Lighting toll-free at 855-307-2454 between 8 a.m. and5 p.m. ET Monday through Friday, online at https://lithonia.acuitybrands.com/ and click on "Recalls" at the bottom of the page for more information.
Recall Details
Description: This recall involves Luminaires with certain adjustable tilt mounting arms manufactured between August 2019 to July 2020 and August 2024 to April 2026: AASP, AARP, AAWB, and AAWSC. The adjustable tilt arm mounts the RSX luminaire to a square pole, round pole, wall bracket or wall bracket with surface mount conduit. The arm mount allows the luminaire to be tilted from 0 degrees to 90 degrees above horizontal. Consumers should contact Lithonia Lighting to confirm their Luminaire with adjustable tilt mounting arms are included in the recall.
Remedy: Consumers should keep clear of the area directly beneath the Luminaire and contact Lithonia Lighting to schedule a free repair. Lithonia Lighting will arrange for a qualified professional to replace the recalled adjustable tilt arm mount with a new complete adjustable arm assembly.
Incidents/Injuries: The firm has received 13 reports of adjustable tilt arm mountings breaking. There have been four reports of the fixtures falling. No injuries have been reported.
Sold At: Commercial distributors nationwide including Turtle & Hughes Inc. and Consolidated Electrical Distributors for commercial outdoor lighting applications from August 2019 to August 2026 for between $400 and $2200.
Manufacturer(s): Lithonia Lighting, of Atlanta, Georgia
Manufactured In: United States and Mexico
Recall number: 27-041
Fast Track Recall
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Original text here: https://www.cpsc.gov/Recalls/2027/Lithonia-Lighting-Recalls-RSX-Luminaires-with-Adjustable-Tilt-Arm-Mountings-Due-to-Risk-of-Serious-Injury-from-Impact-Hazard
CPSC Issues Recall Alert Involving Costway Convertible High Chairs
WASHINGTON, Oct. 23 (TNSdock) -- The Consumer Product Safety Commission issued the following recall alert:
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Name of Product: Costway Convertible High Chairs
Hazard: The convertible high chairs violate the mandatory safety standard for high chairs because they do not contain a passive restraint system and a child can slip through the opening between the feeding tray and seat and become entrapped or fall, posing a risk of serious injury or death.
Remedy: Replace
Recall Date: October 22, 2026
Units: About 3,332
Consumer Contact: Costway toll-free at 844-242-1885 from 9 a.m. to 5 p.m.
... Show Full Article
WASHINGTON, Oct. 23 (TNSdock) -- The Consumer Product Safety Commission issued the following recall alert:
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Name of Product: Costway Convertible High Chairs
Hazard: The convertible high chairs violate the mandatory safety standard for high chairs because they do not contain a passive restraint system and a child can slip through the opening between the feeding tray and seat and become entrapped or fall, posing a risk of serious injury or death.
Remedy: Replace
Recall Date: October 22, 2026
Units: About 3,332
Consumer Contact: Costway toll-free at 844-242-1885 from 9 a.m. to 5 p.m.PT Monday through Friday, email at recall@costway.com, or online at or www.costway.com and click on "Recall" at the bottom of the page for more information.
Recall Details
Description: This recall involves Costway high chairs designed to convert into a table and chair set. They were available in several color combinations, including purple and white, red and white, blue and white, and brown and white. There is no tracking information located on the products.
Remedy: Consumers should immediately stop using the recalled high chairs and contact Costway for a free replacement high chair. Consumers will be asked to provide a receipt or a photo of the product and will receive a prepaid label to return the recalled product to Costway. Upon receipt of the recalled product, Costway will ship a replacement high chair free of charge.
Incidents/Injuries: None reported
Sold At: Walmart and Target stores nationwide and online at Costway.com from May 2023 through July 2026 for between $84 and $100.
Retailer(s): Goplus Corporation, dba Costway, of Fontana, California
Manufactured In: China
Recall number: 27-040
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Original text here: https://www.cpsc.gov/Recalls/2027/Costway-Recalls-Convertible-High-Chairs-Due-to-Risk-of-Serious-Injury-or-Death-from-Entrapment-and-Fall-Hazards-Violate-Mandatory-Standard-for-High-Chairs
CFTC Chairman Selig Issues Remarks at Agricultural Commodity Futures Conference
WASHINGTON, Oct. 23 -- The Commodity Futures Trading Commission issued the following remarks by Chairman Michael S. Selig:
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Remarks at Agricultural Commodity Futures Conference
Overland Park, KS | October 22, 2026
Good afternoon, everyone. It's great to be here in Kansas for AgCon. I want to thank Kansas State University President Richard Linton, Director of the K-State Risk Management Center Joe Parcell, and everyone who helped make the return of this great conference a reality. Before I provide my opening remarks, I must note that the views I share today are my own as Chairman and don't
... Show Full Article
WASHINGTON, Oct. 23 -- The Commodity Futures Trading Commission issued the following remarks by Chairman Michael S. Selig:
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Remarks at Agricultural Commodity Futures Conference
Overland Park, KS | October 22, 2026
Good afternoon, everyone. It's great to be here in Kansas for AgCon. I want to thank Kansas State University President Richard Linton, Director of the K-State Risk Management Center Joe Parcell, and everyone who helped make the return of this great conference a reality. Before I provide my opening remarks, I must note that the views I share today are my own as Chairman and don'tnecessarily reflect those of the Commission,
When we announced that we were bringing AgCon back, we said we wanted this to be a gathering where the CFTC staff could listen and learn about issues facing producers and agribusinesses, activity in the markets, and how to better ensure that end users have the risk management tools they need to hedge their risks. We want this to be a conference that addresses the topics that our agricultural stakeholders actually face - and that's exactly what we intend to do throughout the course of this conference.
Some of my predecessors would count a tour of an Impossible Meat processing facility an "ag visit." My definition's a bit different: I have instead spent a lot of time this year traveling around the country and talking to farmers and ranchers working hard each day to provide the food, feed, and fiber we depend on throughout our country and the world. I've met with farmers, ranchers, agribusinesses, and energy producers in Iowa, Texas, Nebraska, South Carolina, and Florida, and now, I'm with all of you here in Kansas.
All these meetings have reminded me of one thing: Agriculture is not just another market the CFTC happens to regulate. Agriculture is part of the foundation of why this agency exists in the first place.
We don't take the same approach to regulation in agriculture as we do in say crypto or precious metals. The agency understands that livestock production and marketing is different than row crops and specialty crops. Agriculture is regional and affects the Midwest differently than the South or Northeast. We're working to tailor our regulations to make sure our markets work for everyone.
To ensure we hear from producers and agribusinesses directly to guide our approach, I reconstituted the CFTC's Agricultural Advisory Committee, which had been dormant for years. We had our first meeting in July, and it was a big success.
We discussed numerous topics including Basel III, access to clearing, potential risk management gaps between CFTC and U.S. Department of Agriculture (USDA) product offerings, 24/7 trading, and perpetual futures. I look forward to diving deeper into all these topics throughout AgCon.
Additionally, I hired the CFTC's first ever Senior Agriculture Advisor, Emma Johnston. Emma is the fantastic lead staffer on the Ag Advisory Committee and helped plan AgCon. She regularly meets directly with producers and agribusinesses and advises our team and me on developments in the agricultural markets.
For generations, futures were primarily used in the agricultural industry and traded via the Chicago Board of Trade. But by the early 1920s, concerns over speculative prices, price manipulation, and a postwar collapse in grain prices intensified calls for federal oversight. In 1922, Congress enacted the Grain Futures Act, recognizing that grain futures prices helped determine what farmers received for their crops and what consumers paid for food nationwide. The law established federal oversight of grain futures exchanges within the USDA, laying the foundation for modern commodity regulation. In 1936, Congress expanded the framework through the Commodity Exchange Act, extending federal oversight beyond grain to other agricultural commodities. Then, in 1974, Congress created the Commodity Futures Trading Commission as an independent agency, extending its jurisdiction to a broader universe of statutory commodities - including virtually everything except onions and motion picture box office receipts.
Fast forward to today: we now oversee a wide range of markets in agricultural, energy, metals, interest rates, and an increasingly innovative range of financial products. But expanding our jurisdiction did not mean abandoning our roots. I believe that if our markets aren't working for farmers, ranchers, and producers, then they aren't working at all.
In fact, Congress created a special category of "agricultural commodities[1]" within our statute for good reason. Because agricultural commodities are different from other types of products and oftentimes demand disparate regulatory treatment.[2]
Under my leadership, the CFTC has spent a lot of time getting back to its roots and focusing on this important class of agricultural commodities that the Commodity Exchange Act's framers cared so much about. We want innovation, competition, and new ideas. But innovation should expand the risk management toolbox available to producers, not force them to throw away the tools that already work.
One of the main topics in agriculture we've heard throughout this year, whether in D.C. or while traveling across the country, is 24/7 trading. I've been very clear about our approach: just because something works in one market does not mean it automatically works in every market. When exchanges sought to introduce 24/7 contracts, we listened to the people who would have actually used those markets, and we stood up for them. We have made clear that markets in agricultural commodities should not be dragged into a 24/7 model simply because the technology exists to make it possible. The Commission will not take a one-size-fits-all approach to 24/7 trading, and I've said repeatedly that agricultural commodities may not be appropriate for continuous trading as seen in perpetual contracts.
We can modernize markets without losing sight of the people those markets were built to serve. That same philosophy extends to data. The Commitment of Traders (COT) report has been an important source of transparency for decades. We heard from the ag community that it can be more useful, so we listened. That's why we are working internally to publish the COT report twice a week by the end of the year, giving market participants access to more timely information about trading positions and activity in these markets.
While we take steps to modernize and automate our data for public consumption, we are still abiding by our statutory remit to monitor and surveil the markets for potential manipulation to facilitate sound and efficient markets with fair competition. To ensure we have sufficient access to data, we are working closely with the USDA to share information where appropriate, promote transparent markets that enable price discovery, and work with the prudential regulators to streamline capital requirements and foster access to clearing to better serve customers. USDA Secretary Brooke Rollins and her team understand how important well-functioning risk-management markets are to American agriculture. The CFTC and USDA are working toward an updated memorandum of understanding that will strengthen coordination and information sharing between the two agencies and help us better serve farmers, ranchers, and agribusinesses.
The CFTC is also working with the Environmental Protection Agency (EPA) on issues involving Renewable Identification Numbers, or RINs, carbon credits, and derivatives referencing or economically tied to these products. We are increasing our collaboration with EPA Administrator Lee Zeldin to ensure we are conducting appropriate oversight of RINs and renewable fuels markets to deter fraud and manipulation, and ensure our markets are safe and competitive for all market participants. The CFTC remains the cop on the beat and seeks to best support our EPA colleagues and the core constituencies of both agencies, the farmer and producer, through fair markets for all market participants. These are exactly the kind of issues that agencies should be talking to one another about rather than operating in silos.
The same goes for Congress. We have worked with members of both the House and Senate, the White House, and Secretary Rollins to advance policies that address the needs of American farmers, ranchers, and producers. That cooperation is especially important, because the CFTC cannot solve every problem through regulation.
Under my chairmanship, I've made it a priority to refocus the agency on its statutory mission. Gone are the days of using our resources to pursue ESG objectives or climate-policy initiatives that are outside our core responsibilities. Instead, we are focused on market integrity, competition, innovation, and regulating the markets Congress gave us the responsibility to regulate.
One of those markets is the agricultural commodity futures market. This market is so important that we didn't just bring CFTC officials here. We brought senior officials from the White House and USDA so they can hear directly from you.
I look forward to the conversation we will have over the next few days and thank you all for being here today and giving us the opportunity to listen.
Now, I would like to introduce Dr. Tim Steffensmeier, Assistant Vice President and Director for Engagement and Outreach for Kansas State, to help me open up this conference.
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[1] The Dodd-Frank Wall Street Reform and Consumer Protection Act, Pub. L. No. 111-203, Sec.Sec. 721(a)(21), 723(c)(3), 733, 124 Stat. 1376, 1666, 1682, 1712 (2010) ("Dodd-Frank Act") amended the Commodity Exchange Act to bring agricultural swaps within the statutory definition of a "swap" and to govern transactions in an "agricultural commodity," as that term is defined by the Commission. In 2011, the Commission finalized the definition of "agricultural commodity" to outline the scope of its subsequent agricultural swaps rulemakings. See Agricultural Commodity Definition, 76 Fed. Reg. 41048 (July 13, 2011) (final rule); Agricultural Commodity Definition, 75 Fed. Reg. 65586 (Oct. 26, 2010) (proposed rule).
[2] See, e.g., Dodd-Frank Act Sec. 723(c)(3), 124 Stat. at 1682 (subjecting agricultural swaps to a unique statutory prohibition not applied to other physical commodities); id. Sec. 737, 124 Stat. at 1722 (establishing a differentiated 270-day timeline for agricultural position limits to accommodate distinct market structures); see also Agricultural Commodity Definition, 76 Fed. Reg. 41048, 41049 (July 13, 2011) (final rule) (reviewing the statutory evolution, including the Dodd-Frank Act's elimination of prior CEA provisions relating to agricultural commodities and its addition of several new provisions relating to those commodities). Cf. the commercial end-user exception codified in Section 2(h)(7) of the Commodity Exchange Act and implemented in 17 CFR Sec. 50.50, which exempts non-financial entities from mandatory clearing requirements for swaps. Congress designed this carve-out so that commercial market participants (such as farmers) can use over-the-counter (OTC) derivatives to cost-effectively manage business risks without being burdened by central clearing and margin obligations. Cf. the commercial end-user exemption from margin requirements on uncleared swaps, codified in Section 4s(e) of the Commodity Exchange Act and implemented by 17 CFR Sec.Sec. 23.150-23.161, which, working in tandem with the clearing exemption, provides commercial end-users relief from initial and variation margin requirements.
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Original text here: https://www.cftc.gov/PressRoom/SpeechesTestimony/opaselig13