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AUS-USA LEGAL


March 27 FHFA FHLBank Regulatory Developments Via Social Media
On March 27, Director Pulte announced an order via tweet rescinding advisory bulletin 2024-04: Federal Home Loan Bank System...
michaelarbogast1
Mar 281 min read
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March 24 - 25 FHFA FHLBank Regulatory Developments via Social Media
On March 24, 2025, Director Pulte rescinded AB-2024-06 on Unfair and Deceptive Acts or Practices Compliance via "X", formerly known as...
michaelarbogast1
Mar 261 min read
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Don't Start Bribing Foreign officials.
President Trump has issued an executive order directing the US Attorney General to "pause" enforcement of the Foreign Corrupt Practices...
michaelarbogast1
Feb 121 min read
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SEC's Off-Channel Communications Enforcement Continues at a Torrid Pace
The SEC continues its vigorous enforcement of recordkeeping violations related to off-channel communications in January 2025. In the...
michaelarbogast1
Jan 241 min read
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SEC Offers Relief to Registrants Impacted by LA Wildfires
On January 15, the SEC announced potential relief from SEC reporting deadlines to those impacted by the Los Angeles fires. The...
michaelarbogast1
Jan 201 min read
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December FOMC Statement: A Small Present for the Season
On December 18, 2024, the FOMC issued its statement lowering the target range for the federal funds rate by 25bps to 4.25 to 4.50%. The...
michaelarbogast1
Dec 20, 20241 min read
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SEC and Crypto: Whining, Reality and Stoner Cats
Crypto investors are celebrating Trump's return to office because there is a widely-held view among them that SEC enforcement against...
michaelarbogast1
Dec 3, 20242 min read
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SEC Chair Gary Gensler Announces Departure from SEC
On November 21, 2024, SEC Chair Gary Gensler announced his departure from the SEC on Twitter (nobody calls it X) to take effect on...
michaelarbogast1
Nov 22, 20241 min read
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November FOMC Statement: A Closer Look
On November 7, 2024, the Fed's Open Market Committee lowered the target rate for the federal funds rate by 25 bps to 4.50 to 4.75%...
michaelarbogast1
Nov 8, 20241 min read
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Hurricane Milton and Potential SEC Relief
The SEC has issued a press release announcing that the SEC is monitoring Hurricane Milton and evaluating the need for regulatory relief...
michaelarbogast1
Oct 11, 20241 min read
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Gen AI and Anxiety about the Labor Market: Lisa Cook's Insights
Two weeks ago, Lisa Cook, Governor of the Federal Reserve, gave an excellent speech on the implications of generative artificial...
michaelarbogast1
Oct 6, 20241 min read
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Pro-Tip: Don't Post Material, NonPublic Information on Your Personal Twitter* Account
The SEC has charged DraftKings Inc. with violating Regulation FD for selectively disclosing material, nonpublic information via the CEO's...
michaelarbogast1
Oct 4, 20241 min read
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Fed-Watching: Latest FOMC Statement Under the Magnifying Glass
On September 18, 2024, the Federal Reserve cut the target range for the federal funds rate by 50 basis points (bps), a significant...
michaelarbogast1
Sep 30, 20241 min read
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Hurricane Helene and Potential SEC Relief
On September 27, 2024, the SEC announced that it was monitoring Hurricane Helene and that it is evaluating potential relief from filing...
michaelarbogast1
Sep 30, 20241 min read
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SEC Issues New Commandment: Thou Shalt Not Bible Wash
On September 19, 2024, the SEC charged Inspire Investing LLC with making misleading statements and compliance failures regarding its "...
michaelarbogast1
Sep 25, 20241 min read
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SEC Chair Gensler Warns Against AI Washing
On Sept 4, 2024, SEC Chair Gary Gensler released a video on YouTube warning companies against "AI Washing". AI washing means exploiting...
michaelarbogast1
Sep 5, 20241 min read
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SEC Hits Credit Rating Agencies for Records Violations
On September 3, 2024, the SEC charged six credit rating agencies with recordkeeping violations as the SEC continues its broad...
michaelarbogast1
Sep 4, 20241 min read
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SEC Captures US$400 Million in Civil Penalties for Records Violations
On August 14, 2024, the SEC announced that it had entered into agreements with 26 firms under which the firms will pay the SEC...
michaelarbogast1
Aug 26, 20241 min read
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Fed Statement Signals Further Rate Increases are Unlikely in this Economic Cycle
The Fed's July 31, 2024 statement announcing that it will maintain the target range for the federal funds rate at 5.25 to 5.50% signaled...
michaelarbogast1
Aug 2, 20241 min read
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Interest Rates to Remain Stable in Near Term
On March 20, 2024, the FOMC reiterated its commitment to a target range for the federal funds rate at 5.25 to 5.50%. In doing so, the...
michaelarbogast1
Apr 25, 20241 min read
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