Federal Regulatory Agencies
Here's a look at documents from federal regulatory agencies
Featured Stories
SEC Obtains Final Consent Judgment as to EXx-Resident of Los Angeles Charged With Insider Trading
WASHINGTON, March 24 -- The Securities and Exchange Commission issued the following litigation release (No. 2:15-cv-06460; C.D. Cal. filed Aug. 25, 2015) involving ex-resident of Los Angeles charged with insider trading:
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On March 20, 2026, the United States District Court for the Central District of California entered a final consent judgment as to Kevan Sadigh, an entrepreneur and former resident of Los Angeles, in the SEC's civil enforcement action against him for insider trading.
According to the SEC's complaint, filed on August 25, 2015, Sadigh was tipped by a friend and work colleague,
... Show Full Article
WASHINGTON, March 24 -- The Securities and Exchange Commission issued the following litigation release (No. 2:15-cv-06460; C.D. Cal. filed Aug. 25, 2015) involving ex-resident of Los Angeles charged with insider trading:
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On March 20, 2026, the United States District Court for the Central District of California entered a final consent judgment as to Kevan Sadigh, an entrepreneur and former resident of Los Angeles, in the SEC's civil enforcement action against him for insider trading.
According to the SEC's complaint, filed on August 25, 2015, Sadigh was tipped by a friend and work colleague,who in turn had been tipped by his close friend, an analyst in J.P. Morgan Securities LLC's San Francisco office, concerning material nonpublic information about two corporate acquisitions in which JPMS played an advisory role. The complaint alleges that Sadigh and his colleague, acting largely in parallel, reaped large profits by making unlawful securities trades on the basis of that material nonpublic information.
The final consent judgment permanently enjoins Sadigh from violating Section 10(b) of the Securities Exchange Act of 1934 and Rule 10b-5 thereunder by committing or engaging in specified actions or activities relevant to such violations, and Section 14(e) of the Exchange Act and Rule 14e-3 thereunder. The final judgment also orders Sadigh liable for disgorgement in the amount of $108,120, which is deemed satisfied by the entry of an order of forfeiture in the parallel criminal case, United States v. Sadigh, No. 2:15-cr-00465-TJH (C.D. Cal.).
The SEC's litigation is being led by David S. Mendel and James E. Smith, and supervised by Christopher Bruckmann, Paul E. Kim, and Joseph Sansone.
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Resources
* Final Judgment (https://www.sec.gov/files/litigation/litreleases/2026/judg26504.pdf)
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Original text here: https://www.sec.gov/enforcement-litigation/litigation-releases/lr-26504
NCUA Announces Eighth Round of Deregulation Proposals
ALEXANDRIA, Virginia, March 24 -- The National Credit Union Administration issued the following news release:
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NCUA Announces Eighth Round of Deregulation Proposals
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Stakeholders Are Encouraged to Review Notice of Proposed Rulemakings and Submit Comments
Alexandria, VA (March 24, 2026) -The National Credit Union Administration today announced the eighth round of proposed regulatory changes associated with NCUA's Deregulation Project. The project is an ongoing review of NCUA's regulations to ensure regulations are focused on credit unions' safety, soundness, and resilience.
With today's
... Show Full Article
ALEXANDRIA, Virginia, March 24 -- The National Credit Union Administration issued the following news release:
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NCUA Announces Eighth Round of Deregulation Proposals
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Stakeholders Are Encouraged to Review Notice of Proposed Rulemakings and Submit Comments
Alexandria, VA (March 24, 2026) -The National Credit Union Administration today announced the eighth round of proposed regulatory changes associated with NCUA's Deregulation Project. The project is an ongoing review of NCUA's regulations to ensure regulations are focused on credit unions' safety, soundness, and resilience.
With today'sannouncement, NCUA is requesting comments on a proposal that would eliminate unduly burdensome requirements in the Code of Federal Regulations related to third-party servicing of indirect vehicle loans.
The Board This is an external link to a website belonging to another federal agency, private organization, or commercial entity. proposes (Opens new window) to remove defined limits on credit unions' ability to purchase or participation in third-party auto loans.
* Proposed Change : The Board proposes to remove limits on federally insured credit unions' ability to purchase or participate in indirect auto loans serviced by a third party by removing sections SS 701.21(h) and SS 741.203(c).
* Impact on credit unions : Removing these limits would reduce regulatory burden and allow credit unions and their boards greater flexibility to decide what amount of purchased indirect vehicle loans serviced by third parties is appropriate for the credit union's size, the complexity of the transactions, and the board's risk tolerance.
Proposed Regulation Change Obsolete Regulations Overly Burdensome Requirements Duplicative Guidance
Proposed Regulation Change
12 CFR Regulation 701.21(h)
Obsolete Regulations
Overly Burdensome Requirements
Yes
Duplicative
Guidance
Proposed Regulation Change
12 CFR Regulation 741.203(c)
Obsolete Regulations
Overly Burdensome Requirements
Yes
Duplicative
Guidance
Proposed Regulation Change
12 CFR Regulation 746.201
Obsolete Regulations
Overly Burdensome Requirements
Yes
Duplicative
Guidance
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Original text here: https://ncua.gov/newsroom/press-release/2026/ncua-announces-eighth-round-deregulation-proposals
Fact Sheet: FCC Updates Covered List to Include Foreign-Made Consumer Routers, Prohibiting Approval of New Models
WASHINGTON, March 24 -- The Federal Communications Commission issued the following news release on March 23, 2026:
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FACT SHEET: FCC Updates Covered List to Include Foreign-Made Consumer Routers, Prohibiting Approval of New Models
Update Follows Determination by Executive Branch Agencies that Consumer-Grade Routers Produced in Foreign Countries Threaten National Security
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Today, the Federal Communications Commission updated its Covered List to include all consumer-grade routers produced in foreign countries. Routers are the boxes in every home that connect computers, phones, and smart
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WASHINGTON, March 24 -- The Federal Communications Commission issued the following news release on March 23, 2026:
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FACT SHEET: FCC Updates Covered List to Include Foreign-Made Consumer Routers, Prohibiting Approval of New Models
Update Follows Determination by Executive Branch Agencies that Consumer-Grade Routers Produced in Foreign Countries Threaten National Security
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Today, the Federal Communications Commission updated its Covered List to include all consumer-grade routers produced in foreign countries. Routers are the boxes in every home that connect computers, phones, and smartdevices to the internet. This followed a determination by a White House-convened Executive Branch interagency body with appropriate national security expertise that such routers "pose unacceptable risks to the national security of the United States or the safety and security of United States persons."
The Executive Branch determination noted that foreign-produced routers (1) introduce "a supply chain vulnerability that could disrupt the U.S. economy, critical infrastructure, and national defense" and (2) pose "a severe cybersecurity risk that could be leveraged to immediately and severely disrupt U.S. critical infrastructure and directly harm U.S. persons."
President Trump's 2025 National Security Strategy stated: "the United States must never be dependent on any outside power for core components--from raw materials to parts to finished products--necessary to the nation's defense or economy. We must re-secure our own independent and reliable access to the goods we need to defend ourselves and preserve our way of life."
Malicious actors have exploited security gaps in foreign-made routers to attack American households, disrupt networks, enable espionage, and facilitate intellectual property theft. Foreign-made routers were also involved in the Volt, Flax, and Salt Typhoon cyberattacks targeting vital U.S. infrastructure.
The determination included an exemption for routers that the Department of War (DoW) or the Department of Homeland Security (DHS) have granted "Conditional Approval" after finding that such device or devices do not pose such unacceptable risks. Producers of consumer-grade routers are encouraged to submit an application for Conditional Approval using the guidance attached to the determination. Applications should be submitted to conditional-approvals@fcc.gov.
As outlined below, today's action does not impact a consumer's continued use of routers they previously acquired. Nor does it prevent retailers from continuing to sell, import, or market router models approved previously through the FCC's equipment authorization process. By operation of the FCC's Covered List rules, the restrictions imposed today apply to new device models.
Chairman Carr issued the following statement:
"I welcome this Executive Branch national security determination, and I am pleased that the FCC has now added foreign-produced routers, which were found to pose an unacceptable national security risk, to the FCC's Covered List. Following President Trump's leadership, the FCC will continue do our part in making sure that U.S. cyberspace, critical infrastructure, and supply chains are safe and secure."
Additional Background:
* The FCC's Covered List is a list of communications equipment and services that are deemed to pose an unacceptable risk to the national security of the U.S. or the safety and security of U.S. persons.
* Under the Secure and Trusted Communications Networks Act, the Commission can update the Covered List only at the direction of national security authorities. In other words, the Commission cannot update this list on its own and is required to implement determinations that are made by our national security agency experts.
* Equipment on the Covered List ("covered" equipment) is prohibited from getting FCC equipment authorization. Most electronic devices (including consumer-grade routers) require FCC equipment authorization prior to importation, marketing, or sale in the U.S. Covered equipment is banned from receiving new equipment authorizations, preventing new devices from entering the U.S. market.
* The Cybersecurity and Infrastructure Security Agency encourages organizations to use the Covered List for risk management analysis in their regulatory compliance efforts.
* Following a similar National Security Determination in December, and a follow-up Determination in January, the FCC recently added the following to the Covered List: "Uncrewed aircraft systems (UAS) and UAS critical components produced in a foreign country --except, (a) UAS and UAS critical components included on the Defense Contract Management Agency's (DCMA's) Blue UAS Cleared List, until January 1, 2027,# (b) UAS critical components that qualify as "domestic end products" under the Buy American Standard, 48 CFR 25.101(a), until January 1, 2027; and (c) devices which have been granted a Conditional Approval by DoW or DHS--and all communications and video surveillance equipment and services listed in Section 1709(a)(1) of the FY25 National Defense Authorization Act (Pub. L. 118-159)".
What does this mean?
* New devices on the Covered List, such as foreign-made consumer-grade routers, are prohibited from receiving FCC authorization and are therefore prohibited from being imported for use or sale in the U.S. This update to the Covered List does not prohibit the import, sale, or use of any existing device models the FCC previously authorized.
* This action does not affect any previously-purchased consumer-grade routers. Consumers can continue to use any router they have already lawfully purchased or acquired.
* Producers of consumer-grade routers that receive Conditional Approval from DoW or DHS can continue to receive FCC equipment authorizations. Interested applicants are encouraged to submit applications to conditional-approvals@fcc.gov.
For more information, please see our FAQ page (https://www.fcc.gov/faqs-recent-updates-fcc-covered-list-regarding-routers-produced-foreign-countries).
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Original text here: https://docs.fcc.gov/public/attachments/DOC-420034A1.pdf
EEOC Sues Dollar General for Religious Discrimination
WASHINGTON, March 24 -- The Equal Employment Opportunity Commission issued the following news release:
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EEOC Sues Dollar General for Religious Discrimination
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Federal lawsuit says nationwide retailer demoted manager for observing his Sabbath
MOBILE, Ala. - Dolgencorp LLC, the operator of Dollar General stores, violated federal law when it demoted a Jewish assistant store manager because of his Sabbath observance, the U.S. Equal Employment Opportunity Commission (EEOC) charged in a lawsuit announced today.
According to the suit, the employee at the company's Sylvester, Georgia location
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WASHINGTON, March 24 -- The Equal Employment Opportunity Commission issued the following news release:
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EEOC Sues Dollar General for Religious Discrimination
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Federal lawsuit says nationwide retailer demoted manager for observing his Sabbath
MOBILE, Ala. - Dolgencorp LLC, the operator of Dollar General stores, violated federal law when it demoted a Jewish assistant store manager because of his Sabbath observance, the U.S. Equal Employment Opportunity Commission (EEOC) charged in a lawsuit announced today.
According to the suit, the employee at the company's Sylvester, Georgia locationsuccessfully worked for months on a schedule which accommodated his Sabbath observance; but in early 2024, a newly assigned store manager demoted the worker and told him that she needed an assistant manager who could work Saturdays.
"Federal law prohibits employers from discriminating against workers because of their religious observance," said Bradley Anderson, director of the EEOC's Birmingham District Office. "When employers penalize employees because of their faith, the EEOC will work to remedy that illegal conduct."
This alleged conduct violated Title VII of the Civil Rights Act of 1964, which guarantees equal employment opportunity regardless of a worker's religion and requires employers to make reasonable accommodations for employees' religious practices. The EEOC filed suit (EEOC v. Dolgencorp LLC, Case No. 1:26-cv-00041-LAG) in U.S. District Court for the Middle District of Georgia after first attempting to reach a pre-litigation settlement through its administrative conciliation process.
EEOC Birmingham District Regional Attorney Marsha Rucker said, "Discriminating against Jewish workers because of their religion violates the laws that the EEOC enforces. Freedom of religion is a fundamental American value and the EEOC will vigorously enforce Title VII's protections."
For more information on religious discrimination, please visit https://www.eeoc.gov/religious-discrimination.
The EEOC's Birmingham District Office has jurisdiction over Alabama, Mississippi (except for 17 northern counties) and the Florida Panhandle.
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/eeoc-sues-dollar-general-religious-discrimination
Chairman Selig Announces Formation of New Innovation Task Force
WASHINGTON, March 24 -- The Commodity Futures Trading Commission issued the following news release:
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Chairman Selig Announces Formation of New Innovation Task Force
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WASHINGTON -Today, Commodity Futures Trading Commission Chairman Michael S. Selig launched the Innovation Task Force, which is dedicated to advancing clear rules of the road for American innovators building novel products and technologies within U.S. derivatives markets.
The Innovation Task Force, in partnership with the Innovation Advisory Committee, will work with the Commission to develop a clear regulatory framework
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WASHINGTON, March 24 -- The Commodity Futures Trading Commission issued the following news release:
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Chairman Selig Announces Formation of New Innovation Task Force
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WASHINGTON -Today, Commodity Futures Trading Commission Chairman Michael S. Selig launched the Innovation Task Force, which is dedicated to advancing clear rules of the road for American innovators building novel products and technologies within U.S. derivatives markets.
The Innovation Task Force, in partnership with the Innovation Advisory Committee, will work with the Commission to develop a clear regulatory frameworkfor innovators focused on: (i) crypto assets and blockchain technologies; (ii) artificial intelligence and autonomous systems; and (iii) prediction markets and event contracts.
"By establishing a clear regulatory framework for innovators building on the new frontier of finance, we can foster responsible innovation at home and ensure American market participants are not left on the sidelines," said Chairman Selig.
The Innovation Task Force is charged with executing on the Commission's innovation agenda, and will coordinate with federal agencies and departments, including the U.S. Securities and Exchange Commission and its Crypto Task Force, on innovation initiatives.
Michael J. Passalacqua, senior advisor to the Chairman, will lead the Innovation Task Force.
-CFTC-
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Original text here: https://www.cftc.gov/PressRoom/PressReleases/9201-26
CFTC Staff Amends Brexit-Related No-Action Positions for Additional UK Trading Facilities
WASHINGTON, March 24 -- The Commodity Futures Trading Commission issued the following news release:
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CFTC Staff Amends Brexit-Related No-Action Positions for Additional UK Trading Facilities
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WASHINGTON -The Commodity Futures Trading Commission's Division of Market Oversight announced today it is amending no-action positions in connection with the withdrawal of the United Kingdom from the European Union, known as Brexit.
Specifically, DMO is amending Appendix A to CFTC Staff Letter 24-11 (https://www.cftc.gov/LawRegulation/CFTCStaffLetters/letters.htm?title=24-11&field_csl_letter_year_value=&field_csl_dodd_frank_exists_value=All)
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WASHINGTON, March 24 -- The Commodity Futures Trading Commission issued the following news release:
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CFTC Staff Amends Brexit-Related No-Action Positions for Additional UK Trading Facilities
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WASHINGTON -The Commodity Futures Trading Commission's Division of Market Oversight announced today it is amending no-action positions in connection with the withdrawal of the United Kingdom from the European Union, known as Brexit.
Specifically, DMO is amending Appendix A to CFTC Staff Letter 24-11 (https://www.cftc.gov/LawRegulation/CFTCStaffLetters/letters.htm?title=24-11&field_csl_letter_year_value=&field_csl_dodd_frank_exists_value=All)to include OptAxe Limited and Capitolis UK Limited as additional eligible U.K. trading facilities covered by the no-action positions in that staff letter.
-CFTC-
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Original text here: https://www.cftc.gov/PressRoom/PressReleases/9202-26
Air AI and its Owners will be Banned from Marketing Business Opportunities to Settle FTC Charges the Company Misled Many Entrepreneurs and Small Businesses
WASHINGTON, March 24 -- The Federal Trade Commission issued the following news release:
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Air AI and its Owners will be Banned from Marketing Business Opportunities to Settle FTC Charges the Company Misled Many Entrepreneurs and Small Businesses
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Air AI will be banned from marketing business opportunities as part of a settlement with the Federal Trade Commission over charges the company misled many entrepreneurs and small businesses with deceptive claims about business growth, earnings potential, and refund guarantees.
The FTC's August 2025 complaint against Air AI, five related companies,
... Show Full Article
WASHINGTON, March 24 -- The Federal Trade Commission issued the following news release:
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Air AI and its Owners will be Banned from Marketing Business Opportunities to Settle FTC Charges the Company Misled Many Entrepreneurs and Small Businesses
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Air AI will be banned from marketing business opportunities as part of a settlement with the Federal Trade Commission over charges the company misled many entrepreneurs and small businesses with deceptive claims about business growth, earnings potential, and refund guarantees.
The FTC's August 2025 complaint against Air AI, five related companies,and their owners -Caleb Maddix, Ryan O'Donnell, and Thomas Lancer-alleged that, since at least February 2023, the company and its owners:
* Falsely claimed that people who purchase their services will or are likely to make substantial earnings;
* Falsely claimed that purchasers of the Air AI Access Card or licenses are protected by a refund or buy-back guarantee;
* Misrepresented the performance, efficacy, nature, or central characteristics of their services, their refund policies, or the risk, earnings potential, or profitability of its services, in violation of the Telemarketing Sales Rule (TSR); and
* Failed to provide consumers with required disclosure documents and earnings claims statements, made false claims about the profitability of the investment and their refund and cancellation policies, and failed to provide refunds when consumers met the refund policy requirements, in violation of the Business Opportunity Rule.
The proposed order against Air AI includes a monetary judgment of $18 million, which will be largely suspended based on the company's and operators' inability to pay the full amount, requiring the operators of Air AI to pay $50,000 to the Commission for consumer relief. Under the proposed order, Air AI and its operators are banned from:
* Selling or marketing any business opportunity;
* Making false claims or misrepresentations while telemarketing or otherwise violating the TSR;
* Making false claims or misrepresentations while selling any goods and services; and
* Making earnings claims without adequate substantiation or disclosure.
The Commission vote approving the filing of the proposed order was 2-0. The FTC filed the proposed order in the U.S. District Court for the District of Arizona.
NOTE: Stipulated final orders or injunctions, etc. have the force of law when approved and signed by the District Court judge.
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Original text here: https://www.ftc.gov/news-events/news/press-releases/2026/03/air-ai-its-owners-will-be-banned-marketing-business-opportunities-settle-ftc-charges-company-misled
