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USITC Institutes Section 337 Investigation of Certain Systems, Devices, Software, Compositions, Chemicals, and Laboratory Supplies for Studying Proteins
WASHINGTON, June 30 -- The U.S. International Trade Commission issued the following news release:
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USITC Institutes Section 337 Investigation of Certain Systems, Devices, Software, Compositions, Chemicals, and Laboratory Supplies for Studying Proteins
The U.S. International Trade Commission (Commission or USITC) voted to institute an investigation of certain systems, devices, software, compositions, chemicals, and laboratory supplies for studying proteins. The products at issue in the investigation are described in the Commission's notice of investigation.
The investigation is based on
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WASHINGTON, June 30 -- The U.S. International Trade Commission issued the following news release:
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USITC Institutes Section 337 Investigation of Certain Systems, Devices, Software, Compositions, Chemicals, and Laboratory Supplies for Studying Proteins
The U.S. International Trade Commission (Commission or USITC) voted to institute an investigation of certain systems, devices, software, compositions, chemicals, and laboratory supplies for studying proteins. The products at issue in the investigation are described in the Commission's notice of investigation.
The investigation is based ona complaint filed on behalf of Seer, Inc. of Redwood City, California, and The Brigham and Women's Hospital, Inc. of Boston, Massachusetts, on May 28, 2026. The complaint was supplemented on June 12, 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 systems, devices, software, compositions, chemicals, and laboratory supplies for studying proteins that infringe certain claims of the patents asserted by the complainants. The complainants request that the USITC issue a limited exclusion order and a cease and desist order.
The USITC has identified the following respondent in this investigation: Nanomics Biotechnology Co., Ltd., of Hangzhou, China.
By instituting this investigation (337-TA-1508), 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.
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Original text here: https://www.usitc.gov/press_room/news_release/2026/er0629_68829.htm
Statement of CPSC Acting Chairman Peter A. Feldman Regarding the Supreme Court's Decision in Trump vs. Slaughter
BETHESDA, Maryland, June 30 -- The Consumer Product Safety Commission issued the following statement on June 29, 2026, by Acting Chairman Peter A. Feldman:
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Statement of Acting Chairman Peter A. Feldman Regarding the Supreme Court's Decision in Trump v. Slaughter
Today the U.S. Supreme Court issued its decision in Trump v. Slaughter, restoring the constitutional separation of powers among the branches of the federal government and overruling Humphrey's Executor v. United States.
U.S. Consumer Product Safety Commission Acting Chairman Peter A. Feldman released the following statement:
"Today
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BETHESDA, Maryland, June 30 -- The Consumer Product Safety Commission issued the following statement on June 29, 2026, by Acting Chairman Peter A. Feldman:
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Statement of Acting Chairman Peter A. Feldman Regarding the Supreme Court's Decision in Trump v. Slaughter
Today the U.S. Supreme Court issued its decision in Trump v. Slaughter, restoring the constitutional separation of powers among the branches of the federal government and overruling Humphrey's Executor v. United States.
U.S. Consumer Product Safety Commission Acting Chairman Peter A. Feldman released the following statement:
"Todaythe U.S. Supreme Court restored a fundamental principle of our constitutional system: officials who exercise executive power are accountable to the President of the United States, who alone is vested with executive authority under Article II of the Constitution.
Importantly, today's decision should put a swift end to the related lawsuit against CPSC and President Trump brought by former Democrat commissioners who claim they were unlawfully removed from office. The Supreme Court confirmed what we have maintained from the beginning: agencies that exercise executive authority are subject to presidential supervision and control under Article II of the Constitution. As a result, President Trump's constitutional authority to remove the former commissioners is clear, and their claims should now fail as a matter of law.
The Trump CPSC is proud to be part of a whole-of-government effort to put America first, restore accountability in government, and make America great again."
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Original text here: https://www.cpsc.gov/About-CPSC/Chairman/Peter-A-Feldman/Statement/Statement-of-Acting-Chairman-Peter-A-Feldman-Regarding-the-Supreme-Courts-Decision-in-Trump-v-Slaughter
SEC Obtains Final Judgment Against Investment Adviser Charged With Making Misrepresentations in SEC Filing
WASHINGTON, June 30 -- The Securities and Exchange Commission issued the following litigation release (No. 1:25-cv-03649-WJM-KAS; D. Colo. filed Nov. 13, 2025) involving AI Financial Education Foundation Ltd.:
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On June 26, 2026, the U.S. District Court for the District of Colorado entered a final judgment by default against purported investment adviser AI Financial Education Foundation Ltd. in connection with previously filed charges for making material misrepresentations and unsubstantiated statements in a form filed with the SEC.
The SEC's complaint, filed on November 13, 2025, alleged
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WASHINGTON, June 30 -- The Securities and Exchange Commission issued the following litigation release (No. 1:25-cv-03649-WJM-KAS; D. Colo. filed Nov. 13, 2025) involving AI Financial Education Foundation Ltd.:
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On June 26, 2026, the U.S. District Court for the District of Colorado entered a final judgment by default against purported investment adviser AI Financial Education Foundation Ltd. in connection with previously filed charges for making material misrepresentations and unsubstantiated statements in a form filed with the SEC.
The SEC's complaint, filed on November 13, 2025, allegedthat in its July 2024 Form ADV, AI Financial Education represented that it is an Exempt Reporting Adviser (a category of private fund advisers that are not required to register with the SEC); that it operates from office space in the Denver area; that it manages $10 million in assets in the United States; that it advises a private fund; and that a separate registered investment adviser (RIA) reports information about the private fund on its own Form ADV. Contrary to AI Financial Education's representations, the complaint alleged that the business occupant of the Denver-area office space had no knowledge of AI Financial Education or its purported Chief Executive Officer, and the separate RIA had not reported information about the purported private fund. The complaint also alleged that the Commission had not found any reporting of information about the private fund on other filings with the SEC, and that a search of the Commission's public company database yielded no information on AI Financial Education. Additionally, the SEC alleged that AI Financial Education failed to respond to a request by Commission attorneys to provide records to substantiate the information on its Form ADV.
The final judgment permanently enjoins AI Financial Education from future violations of Sections 204(a) and 207 of the Investment Advisers Act of 1940, and permanently enjoins AI Financial Education, its owners, and its executive officers from filing a Form ADV as an Exempt Reporting Adviser. In addition, the judgment orders AI Financial Education to pay a civil penalty of $1,182,254.
The SEC's litigation was conducted by Alexandra Lavin, Xinyue Angela Lin, David London, Sarah McAteer, Ryan Murphy, Michele Perillo, and Dahlia Rin of the SEC's Boston Regional Office. The SEC appreciates the assistance of the Financial Industry Regulatory Authority.
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Resources
* Final Judgment (https://www.sec.gov/files/litigation/litreleases/2026/judg26577.pdf)
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Original text here: https://www.sec.gov/enforcement-litigation/litigation-releases/lr-26577
SEC Obtains Final Judgment Against Four Entities and Two Individuals in Alleged Relationship Investment Scam
WASHINGTON, June 30 -- The Securities and Exchange Commission issued the following litigation release (No. 2:24-cv-06517-SJB-ST; E.D.N.Y. filed Sept. 17, 2024):
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Securities and Exchange Commission v. NanoBit Limited, et al., No 2:24-cv-06517-SJB-ST (E.D.N.Y. filed Sept. 17, 2024)
On June 16, 2026, the U.S. District Court for the Eastern District of New York entered a final judgment by default against four entities and two individuals in connection with previously filed charges, which stemmed from a relationship investment scam involving the alleged fake crypto asset trading platform NanoBit.
The
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WASHINGTON, June 30 -- The Securities and Exchange Commission issued the following litigation release (No. 2:24-cv-06517-SJB-ST; E.D.N.Y. filed Sept. 17, 2024):
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Securities and Exchange Commission v. NanoBit Limited, et al., No 2:24-cv-06517-SJB-ST (E.D.N.Y. filed Sept. 17, 2024)
On June 16, 2026, the U.S. District Court for the Eastern District of New York entered a final judgment by default against four entities and two individuals in connection with previously filed charges, which stemmed from a relationship investment scam involving the alleged fake crypto asset trading platform NanoBit.
TheSEC's complaint, filed on September 17, 2024, alleged that the defendants, working with other scheme participants, solicited investors via social media apps, lied to them to gain their trust and confidence, and then stole their money. According to the complaint, from at least September 2023 to at least June 2024, scheme participants posed as financial industry professionals in WhatsApp groups to build investors' trust and then encouraged investors to put their money into the supposed NanoBit crypto asset trading platform. In order to persuade investors that the platform was safe, NanoBit allegedly falsely claimed that its affiliate, NanobitUS Securities, was a SEC-registered broker. The supposed financial professionals allegedly then promoted fake initial coin offerings as a way for the investors to make substantial returns. But, as alleged, no transactions took place on the NanoBit platform and investors' funds in fact went to scheme participants who wired more than $2 million to bank accounts in Hong Kong and misappropriated hundreds of thousands of dollars' worth of investors' crypto assets.
The final judgment permanently enjoins the defendants from violating 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. It also orders NanoBit Limited to pay disgorgement of $532,649, prejudgment interest of $81,957, and a penalty of $1,182,251; Radiant Horizons to pay a penalty of $1,182,251; Zhao Deli to pay a penalty of $1,182,251; Sweet Karma to pay a penalty of $1,182,251; Liu to pay disgorgement of $60,603, prejudgment interest of $9,485, and a penalty of $50,000; and Zhao to pay disgorgement of $4,500, prejudgment interest of $704, and a penalty of $50,000.
The SEC's litigation was conducted by Todd Brody and Jeremy Brandt, with assistance from Neil Hendelman and supervised by Alexander Vasilescu, Rebecca Reilly, and Sheldon L. Pollock, all of the SEC's New York Regional Office. The litigation was also assisted by Nicholas Bohmann of the Division of Enforcement's Cyber and Emerging Technologies Unit.
The SEC's Office of Investor Education and Assistance has issued an investor alert warning investors that fraudsters may use popular social media platforms and messaging apps to lure investors into scams, and never to rely solely on information from group chats in making investment decisions. The SEC encourages investors to use Investor.gov to check the background of anyone offering or selling them an investment.
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Resources
* Final Judgment (https://www.sec.gov/files/litigation/litreleases/2026/judg26576.pdf)
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Original text here: https://www.sec.gov/enforcement-litigation/litigation-releases/lr-26576
FCC Takes Steps to Modernize the Nation's Alerting Systems
WASHINGTON, June 30 -- The Federal Communications Commission issued the following statement on June 29, 2026, by Chairman Brendan Carr:
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FCC Takes Steps to Modernize the Nation's Alerting Systems
Re: Modernization of the Nation's Alerting Systems; Protecting the Nation's Communications Systems from Cybersecurity Threats; Wireless Emergency Alerts; Amendment of Part 11 of the Commission's Rules Regarding the Emergency Alert System, Report and Order, PS Docket Nos. 25-224 and 22-329, Further Notice of Proposed Rulemaking, PS Docket Nos. 25-224, 15-94, 15-91, (June 25, 2026).
Some folks
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WASHINGTON, June 30 -- The Federal Communications Commission issued the following statement on June 29, 2026, by Chairman Brendan Carr:
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FCC Takes Steps to Modernize the Nation's Alerting Systems
Re: Modernization of the Nation's Alerting Systems; Protecting the Nation's Communications Systems from Cybersecurity Threats; Wireless Emergency Alerts; Amendment of Part 11 of the Commission's Rules Regarding the Emergency Alert System, Report and Order, PS Docket Nos. 25-224 and 22-329, Further Notice of Proposed Rulemaking, PS Docket Nos. 25-224, 15-94, 15-91, (June 25, 2026).
Some folkswill remember more than a decade ago when television viewers in several states received what appeared to be a real emergency alert. The alert informed Americans that "the bodies of the dead are rising from their graves and attacking the living." Thankfully for those of us that aren't Daryl Dixon or Rick Grimes, it was not the beginning of a zombie apocalypse. But it was the result of a cyberattack that allowed bad actors to transmit a false warning over broadcast stations after gaining access to alerting equipment that was protected by default passwords and inadequate security measures.
While the FCC has worked to ensure that vulnerabilities in EAS and WEA are addressed, there have been additional instances of alerting and broadcast systems being compromised or manipulated, including recent attacks that used emergency alert tones and related broadcast equipment to transmit unauthorized content. These attacks are a stark reminder that threats continue to evolve and our work must continue.
Today's item builds on our prior work by taking commonsense steps to strengthen the cybersecurity of our emergency alert systems by addressing the very types of vulnerabilities that enabled the zombie-alert incident in the first place. Requiring stronger password practices, timely software updates, and improved security controls will help reduce opportunities for bad actors to exploit weaknesses in alerting equipment.
Today's item also tees up additional reforms that can improve the integrity, resilience, and effectiveness of emergency alerts, including improving geographic accuracy of alerts, improving the detection and blocking of duplicate alerts, and removing outdated and unnecessary alerting requirements to help encourage broader participation in alerting.
Thanks to Logan Bennett, Steven Carpenter, George Donato, Leon Kenworthy, David Kirschner, Zoe Li, David Munson, Zenji Nakazawa, Austin Randazzo, Tara Shostek, and James Wiley for their work on this item.
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Original text here: https://docs.fcc.gov/public/attachments/FCC-26-38A2.pdf
Penney OpCo to Pay $99,000 in EEOC Disability Lawsuit
WASHINGTON, June 29 -- The Equal Employment Opportunity Commission issued the following news release:
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Penney OpCo to Pay $99,000 in EEOC Disability Lawsuit
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Department store chain settles after refusing to accommodate employee undergoing breast cancer treatments and then firing her
ATLANTA -Penney OpCo, LLC, doing business as JC Penney, a retail department store chain with more than 600 stores and distribution warehouses nationwide, will pay $99,000 and undertake remedial measures to settle a U.S. Equal Employment Opportunity Commission (EEOC) disability discrimination lawsuit, the
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WASHINGTON, June 29 -- The Equal Employment Opportunity Commission issued the following news release:
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Penney OpCo to Pay $99,000 in EEOC Disability Lawsuit
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Department store chain settles after refusing to accommodate employee undergoing breast cancer treatments and then firing her
ATLANTA -Penney OpCo, LLC, doing business as JC Penney, a retail department store chain with more than 600 stores and distribution warehouses nationwide, will pay $99,000 and undertake remedial measures to settle a U.S. Equal Employment Opportunity Commission (EEOC) disability discrimination lawsuit, thefederal agency announced today.
According to the EEOC's complaint, a warehouse associate at the JC Penney logistics center in Forest Park, Georgia was diagnosed with breast cancer and requested time off for medical appointments. She submitted the required written accommodation request, medical documentation of her treatment and need for leave from work to the company's third-party benefits administrator; however, JC Penney denied her request. Because her request was denied, the time she took off from work for her cancer treatment counted against JC Penney's attendance points policy, and when she exceeded the number of points allowed, she was fired on July 3, 2023, the EEOC charged.
"Employers' use of third-party administrators to handle reasonable accommodations can be inherently problematic, especially when not effectively monitored," said Marcus G. Keegan, regional attorney for the EEOC's Atlanta District. "The resolution of this case not only compensates the employee who was wrongly discharged but institutes a new process to ensure that future accommodation requests are handled properly."
This alleged conduct violated the Americans with Disabilities Act (ADA), which prohibits disability discrimination. The EEOC filed suit in U.S. District Court for the Northern District of Georgia, Atlanta Division (EEOC v. Penney OpCo, LLC, Civil Action No. 1:25-cv-06582), after first attempting to reach a pre-litigation settlement through its conciliation process.
Darrell Graham, director of the EEOC's Atlanta District, said, "The EEOC is always pleased when an employer not only compensates the victim of discrimination but also takes active steps to ensure its future compliance with the ADA."
The approved consent decree settling the suit requires JC Penney to provide monetary relief to the employee; post a notice informing employees at the company's logistics centers of the settlement and of employees' rights against discrimination; provide periodic reports on JC Penney's handling of future requests involving a failure to provide an accommodation at its logistics centers; and train relevant managers about their responsibilities under the ADA with an emphasis on determining whether an employee is entitled to an accommodation.
Moreover, JC Penney will institute and train its managers on a new process for monitoring how its third-party leave administrator handles requests for accommodation under the ADA and a review procedure before discharging employees who may have disability accommodation requests pending.
For more information on disability discrimination, please visit https://www.eeoc.gov/disability-discrimination.
The EEOC's Atlanta District Office has jurisdiction over Georgia and the counties of Allendale, Bamberg, Barnwell, Beaufort, Berkeley, Charleston, Colleton, Dorchester, Georgetown, Hampton, Jasper and Williamsburg in South Carolina.
The EEOC is the sole federal agency authorized to investigate and litigate against businesses and other private sector employers for violations of federal laws prohibiting employment discrimination. For public sector employers, the EEOC shares jurisdiction with the Department of Justice's Civil Rights Division. The EEOC also is responsible for coordinating the federal government's employment antidiscrimination effort. More information about the EEOC is available at www.eeoc.gov.
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Original text here: https://www.eeoc.gov/newsroom/penney-opco-pay-99000-eeoc-disability-lawsuit
NCUA Awards $3.47 Million through Expanded CDRLF Grants
ALEXANDRIA, Virginia, June 29 -- The National Credit Union Administration issued the following news release:
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NCUA Awards $3.47 Million through Expanded CDRLF Grants
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Community Development Revolving Loan Fund Grants
Alexandria, VA (June 29, 2026) -The National Credit Union Administration (NCUA) awarded $3.47 million in Community Development Revolving Loan Fund grants to 97 low-income designated credit unions, the agency announced today.
NCUA awarded grants ranging from $1,800 to $100,000 to credit unions in 36 states and Puerto Rico. Seventy-nine awardees were small credit unions,
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ALEXANDRIA, Virginia, June 29 -- The National Credit Union Administration issued the following news release:
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NCUA Awards $3.47 Million through Expanded CDRLF Grants
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Community Development Revolving Loan Fund Grants
Alexandria, VA (June 29, 2026) -The National Credit Union Administration (NCUA) awarded $3.47 million in Community Development Revolving Loan Fund grants to 97 low-income designated credit unions, the agency announced today.
NCUA awarded grants ranging from $1,800 to $100,000 to credit unions in 36 states and Puerto Rico. Seventy-nine awardees were small credit unions,and 18 were first-time applicants. NCUA made awards in six categories:
* Impact through Innovation (Pilot Program): 3 grants totaling $300,000
* New Charter Capacity Building: 5 grants totaling $175,000
* Student Internship: 7 grants totaling $175,00
* Technology, Cybersecurity, and Artificial Intelligence: 35 grants totaling $752,200
* Training: 5 grants totaling $103,800
* Underserved Outreach: 42 grants totaling $1,959,000
Information about CDRLF grants and a complete list of awardees are available on NCUA's website. NCUA's Office of Credit Union Resources and Expansion administers CDRLF grants to credit unions. The office supports credit unions seeking changes in their charters, bylaws, or fields of membership and groups organizing to start new credit unions.
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Original text here: https://ncua.gov/newsroom/press-release/2026/ncua-awards-347-million-through-expanded-cdrlf-grants
