Friday - December 15, 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 Waddell & Reed
WASHINGTON, Dec. 14 -- The Securities and Exchange Commission issued the following administrative proceeding (File No. 3-12372) involving Waddell and Reed, Waddell and Reed Investment Management, and Waddell and Reed Services:

In the Matter of

WADDELL & REED, INC., WADDELL & REED INVESTMENT MANAGEMENT COMPANY, AND WADDELL & REED SERVICES COMPANY,

Respondents.

ORDER DIRECTING DISBURSEMENT OF A FAIR FUND

On April 23, 2013, pursuant to Rule 1103 of the Commission's Rules on Fair Fund and Disgorgement Plans, 17 C.F.R. Section 201.1103, the Commission published a Notice of Proposed Plan of Distribution ... Show Full Article

Pier 1 Imports Recalls Decorative Glass Pumpkins Due to Laceration Hazard
WASHINGTON, Dec. 14 -- The Consumer Product Safety Commission issued the following recall alert on glass pumpkins with wooden stems:

Hazard: The wooden stem on the top of the decorative pumpkin can detach when picked up, causing the glass pumpkin base to fall and break, posing a laceration hazard.

Remedy: Refund

Recall date: December 14, 2017

Units: About 16,600 units in the U.S. (In addition, about 430 units were sold in Canada.)

Description:

This recall involves Pier 1 Imports' decorative clear glass pumpkins with wooden stem. The glass pumpkins have a hollow glass base with a wooden stem ... Show Full Article

NRC Proposes $22,400 Fine Against Qal-Tek Associates
WASHINGTON, Dec. 14 -- The Nuclear Regulatory Commission issued the following news release:

The Nuclear Regulatory Commission is proposing a $22,400 civil penalty against Qal-Tek Associates of Idaho Falls, Idaho, for violations regarding the shipment of radioactive materials.

The violations were identified in an NRC inspection report prepared following an incident that occurred in April, when a package containing several radioactive sources was shipped from a temporary jobsite to the company's headquarters. Upon receipt, workers scanned the package and determined that radiation levels exceeded ... Show Full Article

NRC Approves Changes to Fort Calhoun Nuclear Plant's Emergency Planning Requirements
WASHINGTON, Dec. 14 -- The Nuclear Regulatory Commission issued the following news release:

The Nuclear Regulatory Commission has granted the Omaha Public Power District's request to alter the emergency preparedness plan for the Fort Calhoun Station nuclear power plant in Washington County, Neb., to reflect the plant's decommissioning status.

The changes come in the form of exemptions from certain NRC requirements that may not be appropriate for a plant that has permanently ceased operations. Once the licensee implements the exemptions, state and local governments may rely on comprehensive emergency ... Show Full Article

NLRB Establishes New Standard Governing Workplace Policies, and Upholds No-Camera Policy in Boeing
WASHINGTON, Dec. 14 -- The National Labor Relations Board issued the following news release:

In a 3-2 decision (https://go.usa.gov/xnnp9) involving The Boeing Company, the National Labor Relations Board overruled Lutheran Heritage Village-Livonia, 343 NLRB 646 (2004), which articulated the Board's previous standard governing whether facially neutral workplace rules, policies and employee handbook provisions unlawfully interfere with the exercise of rights protected by the National Labor Relations Act (NLRA).

Under the prior Lutheran Heritage standard, the Board found that employers violated the ... Show Full Article

Crate and Barrel Recalls Benches Due to Fall Hazard
WASHINGTON, Dec. 14 -- The Consumer Product Safety Commission issued the following recall alert on Crate and Barrel Dakota benches:

Hazard: The benches can tip over while in use, posing a fall hazard.

Remedy: Repair

Recall date: December 14, 2017

Units: About 6,800 (in addition, 575 units were sold in Canada)

Recall Details

Description:

This recall involves the Dakota wooden bench. The bench has two legs and was sold in two sizes: 51 inches wide by 18 inches tall and 71 inches wide and 18 inches tall.

Remedy:

Consumers should immediately stop using the recalled benches and contact Crate ... Show Full Article

Commission Obtains Judgments on Consent Against New York Investment Adviser and Its Co-Founder and Bars Co-Founder From Securities Industry
WASHINGTON, Dec. 14 -- The Securities and Exchange Commission issued the following litigation release:

The Securities and Exchange Commission announced today that, on November 22, 2017, Judge William H. Pauley of the United States District Court for the Southern District of New York entered judgments on consent against Justin D. Meadlin and the firm he co-founded, Hyaline Capital Management, LLC (Hyaline). In its complaint, the SEC alleged that Meadlin and Hyaline used false and misleading information to induce prospective investors and clients to invest money with them. Without admitting or denying ... Show Full Article