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Administrative Procedures Act called out for obsolescence, legislative repair
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The U.S. Administrative Procedures Act (APA) has proven controversial for device makers in that the associated requirements for rulemaking have been the subject of regulatory end-runs, by some accounts. The Department of Justice (DOJ) said in an Aug. 11 statement, however, that it is time to update the APA because the it has ossified in the…
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NY federal district court grants CFPB petition to enforce CID ratified by Director Kraninger
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On August 18, Judge Kenneth M. Karas of the Southern District of New York, granted the CFPB’s petition to enforce a civil investigative demand that it issued to the Law Offices of Crystal Moroney prior to the U.S. Supreme Court’s Seila Law decision and that was subsequently ratified by Director Kraninger. Read the full article …
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Judge lets CFPB demand records from N.J. lawyer despite SCOTUS ruling
A key U.S. Supreme Court ruling wasn’t enough to convince a federal judge to strike down a federal agency’s investigation of a New Jersey lawyer who operates a debt-collection service and has spent three years and $80,000 fighting. New York judge Kenneth Karas on Aug. 18 granted the Consumer Financial Protection Bureau’s petition to enforce…
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Norfolk rep endorses suit against ‘King Baker’ over ‘slippery slope’ of government overreach during coronavirus pandemic
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A Norfolk state representative says he supports a lawsuit against what he calls Gov. Charlie Baker’s “overreach” in response to the coronavirus pandemic. Rep. Shawn Dooley, R-Norfolk, said his comments are “not necessarily attacking the quarantine, the restrictions, or even the fines,” but rather the way the governor — or “King Baker” as the representative…
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Split 5th Circ. Tosses Accountant's Suit Against SEC Judges
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A split panel of Fifth Circuit judges on Tuesday threw out a suit brought by an accountantwho alleged the U.S. Securities and Exchange Commission’s in-house judges are unconstitutionally protected from removal. Two of the three judges on the panel agreed that Michelle Cochran, who the SEC claims violated Public Company Accounting Oversight Board standards, must first…
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