Sunday - January 26, 2020
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 Order Involving Thomas Christophe Prentice
WASHINGTON, Jan. 25 -- The Securities and Exchange Commission issued the following order (No. 3-18894) involving Thomas Christophe Prentice:

ORDER SCHEDULING BRIEFS

Thomas Christophe Prentice filed an application for review of a FINRA decision denying his request to use FINRA's arbitration forum for a claim to expunge a prior adverse arbitration award from his Central Registration Depository record. Prentice sought arbitration for two claims--one to expunge a prior adverse arbitration award and one to expunge a prior customer complaint. FINRA allowed the claim to expunge the prior customer complaint ... Show Full Article

SEC Issues Order Involving Jay Zola Scoratow
WASHINGTON, Jan. 25 -- The Securities and Exchange Commission issued the following order (No. 3-19671) involving Jay Zola Scoratow:

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 ("Exchange Act") against Jay Zola Scoratow ("Respondent").

II. In ... Show Full Article

SEC Charges Husband and Wife With Nearly $1 Billion Ponzi Scheme
WASHINGTON, Jan. 25 -- The Securities and Exchange Commission issued the following news release on Jan. 24:

The Securities and Exchange Commission charged a California-based couple with orchestrating a nearly billion-dollar Ponzi scheme involving alternative energy tax credits.

According to the SEC's complaint, Jeffrey and Paulette Carpoff raised approximately $910 million from 17 investors between 2011 and 2018 by offering securities in the form of investment contracts through their two solar generator companies, DC Solar Solutions Inc. and DC Solar Distribution Inc. The Carpoffs allegedly promised ... Show Full Article

NRC Announces Opportunity to Request Hearing on Indian Point License Transfer Application
WASHINGTON, Jan. 25 -- The Nuclear Regulatory Commission issued the following news release:

The Nuclear Regulatory Commission has accepted for review an application from Entergy Nuclear Operations to transfer the licenses for Indian Point Units 1, 2, and 3 and also for the associated independent spent fuel storage installation, to Holtec Decommissioning International.

Entergy submitted the application on Nov. 21, 2019, and HDI submitted a Post-Shutdown Decommissioning Activities Report for the site, near Buchanan, N.Y., in December 2019. The NRC will consider that report as a supplement to the ... Show Full Article

NLRB Issues Decision on Groceryworks.com Operating
WASHINGTON, Jan. 25 -- The National Labor Relations Board issued the following decision (Case No. 19-RC-254203) by Region 19 Director Ronald K. Hooks:

GROCERYWORKS.COM OPERATING COMPANY LLC, Employer

and

TEAMSTERS LOCAL UNION NO. 58 AND GENERAL TEAMSTERS LOCAL UNION NO. 162, AFFILIATED WITH INTERNATIONAL BROTHERHOOD OF TEAMSTERS, Joint Petitioners

DIRECTION OF ELECTION

The Employer provides grocery delivery service in the Portland, Oregon, metropolitan area. Joint Petitioners seek to represent a unit of about 56 ecommerce drivers employed to deliver groceries from 6 stores in King City, ... Show Full Article

FCC Wireless Bureau Issues Public Notice on 2.5 GHz Rural Tribal Priority Window
WASHINGTON, Jan. 25 -- The Federal Communications Commission's Wireless Telecommunications Bureau issued the following public notice (WT Docket No. 20-21) on the Hawaiian Homeland Department's request for waiver to file as an eligible entity in the 2.5 GHz Rural Tribal Priority Window:

Comment Date: February 10, 2020

Reply Comment Date: February 20, 2020

By this Public Notice, we seek comment on a request for waiver filed by the Department of Hawaiian Home Lands (DHHL) to consider the DHHL an eligible entity for the purpose of applying for wireless spectrum licenses in the upcoming 2.5 GHz Rural ... Show Full Article

CFTC to Hold an Open Commission Meeting on January 30
WASHINGTON, Jan. 25 -- The Commodity Futures Trading Commission issued the following news release:

Commodity Futures Trading Commission Chairman Heath P. Tarbert announced the CFTC will hold an open meeting on Thursday, January 30, 2020 at its headquarters in Washington, D.C. A morning session will convene from 9:00 a.m. - 12:30 p.m. (EST) to consider the following:

* Proposed Rule: Position Limits for Derivatives

The meeting will resume for an afternoon session from 1:30 p.m. - 3:30 p.m. (EST) to consider the following:

* Proposed Rule: Amendments to Codify No-Action Relief in Swap Execution ... Show Full Article