Wednesday - June 20, 2018
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

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FCC Issues Public Notice on World Radiocommunication Conference Advisory
WASHINGTON, June 20 -- The Federal Communications Commission issued the following public notice (No. 16-185):

Informal Working Group 3 (IWG-3) and Informal Working Group 4 (IWG-4) of the 2019 World Radiocommunication Conference Advisory Committee (WRC-19 Advisory Committee) have scheduled meetings as set forth below. The meetings are open to the public.

The Commission's WRC-19 website (http://www.fcc.gov/wrc-19) contains the latest information on all scheduled meetings and WRC-19 Advisory Committee matters. Documents of the WRC-19 Advisory Committee and IWGs generally are also available for public inspection ... Show Full Article

SEC Shuts Down $102 Million Ponzi Scheme
WASHINGTON, June 19 -- The Securities and Exchange Commission issued the following news release:

The Securities and Exchange Commission today filed charges and obtained an asset freeze against the individuals and companies behind a $102 million Ponzi scheme that bilked investors throughout the U.S.

According to the SEC's complaint, the defendants defrauded more than 600 investors through sales of securities in issuers they controlled, including First Nationle Solution LLC, United RL Capital Services, and Percipience Global Corp. The complaint alleges that investors were told that their funds ... Show Full Article

SEC Issues Administrative Proceeding Involving Rubbo
WASHINGTON, June 19 -- The Securities and Exchange Commission issued the following administrative proceeding (No. 3-18547) in the matter of Nicholas Rubbo:

In the Matter of Nicholas Rubbo, Respondent.

ORDER INSTITUTING ADMINISTRATIVE PROCEEDINGS PURSUANT TO SECTION 15(b) OF THE SECURITIES EXCHANGE ACT OF 1934, MAKING FINDINGS, AND IMPOSING REMEDIAL SANCTIONS

I.

The Securities and Exchange Commission ("Commission") deems it appropriate and in the public interest that public administrative proceedings be, and hereby are, instituted pursuant to Section 15(b) of the Securities Exchange Act of 1934 ... Show Full Article

SEC Issues Administrative Proceeding Involving Merrill Lynch, Pierce, Fenner & Smith
WASHINGTON, June 19 -- The Securities and Exchange Commission issued the following administrative proceeding (No. 3-18549) in the matter of Merrill Lynch, Pierce, Fenner & Smith:

In the Matter of Merrill Lynch, Pierce, Fenner & Smith Incorporated, Respondent.

ORDER INSTITUTING ADMINISTRATIVE AND CEASE-AND-DESIST PROCEEDINGS, PURSUANT TO SECTION 8A OF THE SECURITIES ACT OF 1933, SECTION 15(b) OF THE SECURITIES EXCHANGE ACT OF 1934, AND SECTION 203(e) OF THE INVESTMENT ADVISERS ACT OF 1940, MAKING FINDINGS, AND IMPOSING REMEDIAL SANCTIONS AND A CEASE-AND-DESIST ORDER

I.

The Securities and Exchange ... Show Full Article

NRC Receives Event Notification Involving Salem Nuclear Plant
WASHINGTON, June 19 -- The Nuclear Regulatory Commission issued the following event notification (No. 53438) involving Salem nuclear plant, New Jersey:

EN Revision Imported Date : 6/19/2018

EN Revision Text: TORNADO MISSILE VULNERABILITIES

"During the period of evaluation of tornado missile vulnerabilities and the potential impacts to technical specification (TS) plant equipment, it was determined that the power cables to a safety related motor control center (MCC) in the service water (SW) intake structure are not adequately protected from tornado generated missiles. During walk downs, it was ... Show Full Article

NRC Receives Event Notification Involving Applied Geotechnical Engineering Consultants
WASHINGTON, June 19 -- The Nuclear Regulatory Commission issued the following event notification (No. 53451) involving Applied Geotechnical Engineering Consultants, Salt Lake City, Utah:

AGREEMENT STATE REPORT - STOLEN MOISTURE-DENSITY GAUGE

The following was received from the State of Utah via email.

"The morning of June 10, 2018, the licensee discovered that a portable nuclear density gauge had been stolen from one of their work trucks. The truck had been parked in the driveway of the AGEC's [Applied Geotechnical Engineering Consultants, Inc.] employee's house. The license claims that the ... Show Full Article

CFTC Orders JPMorgan Chase Bank, N.A. to Pay $65 Million Penalty for Attempted Manipulation of U.S. Dollar ISDAFIX Benchmark Swap Rates
WASHINGTON, June 19 -- The Commodity Futures Trading Commission issued the following enforcement news release:

The Commodity Futures Trading Commission (CFTC or Commission) today issued an Order filing and settling charges against JPMorgan Chase Bank, N.A. (JPMC) for attempted manipulation of the ISDAFIX benchmark and requiring JPMC to pay a $65 million civil monetary penalty.

The CFTC Order finds that over a five-year period, beginning in at least January 2007 and continuing through January 2012 (the Relevant Period), JPMC made false reports and attempted to manipulate the U.S. Dollar International ... Show Full Article