Wednesday - July 15, 2026

Federal Regulatory Agencies

Here's a look at documents from federal regulatory agencies

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SEC Settles Litigation With Silicon Valley Start-Up, Ex-CEO Charged With Defrauding Investors
WASHINGTON, July 14 -- The Securities and Exchange Commission issued the following litigation release (No. 5:20-cv-04855; N.D. Cal. filed July 20, 2020):

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Securities and Exchange Commission v. YouPlus, Inc. and Shaukat Shamim, No. 5:20-cv-04855 (N.D. Cal. filed July 20, 2020)

On July 10, 2026, the U.S. Securities and Exchange Commission filed consents and proposed final judgments as to Silicon Valley start-up company YouPlus, Inc. and its former chief executive officer, Shaukat Shamim, in the SEC's civil enforcement action against them.

The SEC's complaint, filed on July 20, 2020, alleged ... Show Full Article
SEC Files Settled Action as to an Electric Vehicle Company, Its CEO for Allegedly Misleading Investors
WASHINGTON, July 14 -- The Securities and Exchange Commission issued the following litigation release (No. 5:26-cv-01591; N.D. Ohio filed July 10, 2026):

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Securities and Exchange Commission v. Michael W. Patterson and Battle Motors, Inc., Civil Action No. 5:26-cv-01591 (N.D. Ohio filed July 10, 2026)

On July 10, 2026, the Securities and Exchange Commission filed a settled action alleging that Battle Motors, Inc., an Ohio-based manufacturer of electric (BEV) and gas-powered vehicles, and Michael W. Patterson, Battle's CEO and Chairman, made misleading statements portraying Battle as being ... Show Full Article
FTC Endorses Ohio Supreme Court Proposal to Weaken ABA's Law School Accreditation Monopoly
WASHINGTON, July 14 -- The Federal Trade Commission issued the following news release:

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FTC Endorses Ohio Supreme Court Proposal to Weaken ABA's Law School Accreditation Monopoly

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The Federal Trade Commission lauded an Ohio Supreme Court proposal to lower the cost of legal representation by ending the American Bar Association's explicit control over whether an Ohio bar applicant's legal education is sufficient for practicing law in the state, undermining its monopoly.

Responding to the court's invitation to comment, the directors of the Office of Policy Planning and Bureau of Competition ... Show Full Article
FCC Wireline Competition Bureau Issues Public Notice: Comments Invited on Section 214 Application to Discontinue Domestic Non-Dominant Carrier Telecommunications And/Or Interconnected VOIP Services
WASHINGTON, July 14 -- The Federal Communications Commission's Wireline Competition Bureau issued the following public notice (WC Docket No. 26-163):

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Unless otherwise specified, the following procedures and dates apply to the application(s) (the Section 214 Discontinuance Application(s)) listed in the Appendix.

The Wireline Competition Bureau (Bureau), upon initial review, has found the Section 214 Discontinuance Application(s) listed herein to be acceptable for filing and subject to the procedures set forth in Section 63.71 of the Commission's rules./1 The application(s) request authority, ... Show Full Article
FCC Wireline Competition Bureau Issues Public Notice: Comments Invited on AT&T's Section 214 Application to Discontinue Domestic Legacy Voice Service as Part of Technology Transition
WASHINGTON, July 14 -- The Federal Communications Commission's Wireline Competition Bureau issued the following public notice (WC Docket No. 26-162):

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Unless otherwise specified, the following procedures and dates apply to the application(s) (the Section 214 Discontinuance Application(s)) listed in the Appendix.

The Wireline Competition Bureau (Bureau), upon initial review, has found the Section 214 Discontinuance Application(s) listed herein to be acceptable for filing and subject to the procedures set forth in Section 63.71 of the Commission's rules./1 The application(s) request authority, ... Show Full Article
FCC Reports Progress on Communications Recovery Following Super Typhoon Bavi
WASHINGTON, July 14 -- The Federal Communications Commission announced that restoration efforts are steadily advancing across Guam and the Commonwealth of the Northern Mariana Islands after the devastating passage of super typhoon Bavi. According to daily reports, 10.2% of regional cell sites remain out of service, which is a decrease from the 16.4% reported yesterday.

In the Northern Mariana Islands, 11.8% of cell transmitters are currently inactive. Rota is experiencing the highest impact with 72.7% of its sites offline, while Tinian reports 22.2% down, and Saipan has 1.4% offline. Additionally, ... Show Full Article
FCC Reports Communications Recovery Progress in Typhoon-Impacted Islands
WASHINGTON, July 14 -- The Federal Communications Commission announced that emergency communications restoration is progressing steadily across Guam and the Commonwealth of the Northern Mariana Islands following super typhoon Bavi. According to agency reports, 10.2 percent of regional wireless cell sites remain out of service, indicating steady recovery from previous days.

In the Northern Mariana Islands, 12.9 percent of cell transmitters are currently offline. Rota continues to experience the heaviest impact with 72.7 percent of its cell sites out of service, while Tinian reports 22.2 percent ... Show Full Article