News & Analysis as of

Regulatory Reform Rulemaking Process

Parker Poe Adams & Bernstein LLP

OSHA Proposes Exclusion of Intrinsic Dangers From General Duty Clause Enforcement

In 2010, a trainer at SeaWorld was grabbed and drowned by an orca during a live show. Following an investigation, the federal Occupational Safety and Health Administration issued citations to the employer under the General...more

Pillsbury Winthrop Shaw Pittman LLP

Streamline, Simplify, Deregulate: The FCC Adopts “Direct Final Rule” Approach to Expedite Rule Deletions

Earlier this year, Federal Communications Commission (FCC) Chairman Brendan Carr initiated a sweeping initiative to review “every rule, regulation, or guidance document” that could be eliminated “for the purposes of...more

Sheppard Mullin Richter & Hampton LLP

In a Surprising Switch, CFPB Now Seeks to Rewrite Open Banking Rule

On July 29, the U.S. District Court for the Eastern District of Kentucky granted the CFPB’s request to stay litigation challenging its open banking rule. The rule (previously discussed here) aimed to establish industry-wide...more

Beveridge & Diamond PC

Federal Agencies Overhaul Longstanding NEPA Regulations

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Key Takeaways - What happened: Over the last few weeks, individual federal agencies have issued interim final rules (IFRs) to largely rescind their existing NEPA regulations. Agencies have replaced those regulations with a...more

Holland & Hart LLP

Nevada Legislature Enhances Notice-and-Comment Requirements Under the Nevada Administrative Procedure Act

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Starting October 1, 2025, Nevada businesses will have expanded opportunities to receive advance notice of proposed regulations that could affect their operations. AB 444 requires state agencies to proactively notify...more

Hogan Lovells

SBIC Program updates: SBA proposes regulatory amendments related to SBIC Program

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On July 7, 2025, the U.S. Small Business Administration (SBA) issued a notice of proposed rulemaking related to SBIC Applicants and Licensees. The proposed rulemaking is open for comment until September 5, 2025. A summary of...more

Ropes & Gray LLP

Capital Markets & Governance Insights - July 2025

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In a broad reversal of course on proposed rules issued by the Securities and Exchange Commission (SEC) under the leadership of former SEC Chair Gary Gensler, on June 12, 2025, the SEC issued a notice withdrawing fourteen of...more

Bradley Arant Boult Cummings LLP

DEA Judge Overseeing Rescheduling Process Retires, Further Casting Doubt on the Likelihood of Any Change in the Near Term

We’ve written before that with rescheduling, with all of the excitement and pomp and circumstance that came with its announcement in the last year of the Biden administration, the whole thing was beginning to look like it may...more

Sheppard Mullin Richter & Hampton LLP

FCC Adopts New Pole Attachment Rules to Streamline Broadband Deployment

On July 25, 2025, the Federal Communications Commission (“FCC”) issued a new pole attachment order that further reformed the Commission’s rules and policies governing communications attachments to utility poles....more

Blank Rome LLP

Regulatory Update and Recent SEC Actions, July 2025

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Recent SEC Administration Changes - SEC Names Brian Daly as Director of the Division of Investment Management - On June 10, 2025, the Securities and Exchange Commission (the “SEC”) announced that Natasha Vij Greiner,...more

Davis Wright Tremaine LLP

FCC Adopts Rules to Promote Fast and Efficient Broadband Deployment

At its July 24, 2025, Open Meeting, with enthusiastic support from all three Commissioners, the FCC adopted a Fifth Report and Order, Fourth Notice of Proposed Rulemaking, and Orders on Reconsideration in WC Docket No. 17-84....more

Cadwalader, Wickersham & Taft LLP

Global Moves, Digital Shifts, July 2025 - Fed, FDIC and OCC Issue Proposed Rulemaking to Rescind 2023 CRA Rule

Last week, the Federal Deposit Insurance Corporation (“FDIC), Federal Reserve Board (“FRB”), and the Office of the Comptroller of the Currency (“OCC”) (collectively, “the Agencies”)  issued a proposed rulemaking to both...more

Bergeson & Campbell, P.C.

EPA’s Office of Research and Development — Villain or Victim?

On July 18, 2025, the U.S. Environmental Protection Agency (EPA) rolled out the “reorganization plan” for its Office of Research and Development (ORD). The stated goal of the plan is to reduce budget expenditures, improve...more

Mintz

SEC Refuses to Answer Whether It Will Enforce Climate Disclosure Law If Upheld by Courts

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On July 23, 2025, there was a notable development in the legal proceeding (currently pending in the Eighth Circuit) challenging the validity of the SEC's mandatory climate disclosure law. By way of background, in April...more

King & Spalding

FinCEN Announces It Will Provide Two-Year Extension of the AML Rule Compliance Date for Registered Investment Advisers and Exempt...

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Registered Investment Advisers (RIAs) and Exempt Reporting Advisers (ERAs) were less than six months away from the requirement to implement an anti-money laundering and countering the financing of terrorism (AML/CFT) program...more

Snell & Wilmer

Treasury and FinCEN Announce Delay of IA–AML Rule Implementation to January 1, 2028

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On July 21, 2025, the U.S. Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN) announced its intention to postpone the effective date of the Anti‑Money Laundering/Countering the Financing of Terrorism...more

Fox Rothschild LLP

FAR 2.0 Update: Parts 6, 29, and 31 Released

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The Trump Administration, in collaboration with the Federal Acquisition Regulation (FAR) Council, has released further FAR sections as part of the Revolutionary FAR Overhaul (RFO): FAR Parts 6, 29, and 31. Revolutionary FAR...more

Morrison & Foerster LLP

FinCEN Postpones Effective Date of AML/CFT Rule for Investment Advisers

On July 21, 2025, the U.S. Department of the Treasury’s (“Treasury”) Financial Crimes Enforcement Network (FinCEN) announced it will delay the effective date of the final rule establishing anti-money laundering/countering the...more

Jackson Lewis P.C.

What MSHA’s 18 Proposed Rules Signal About the Future of Mine Safety

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On July 1, 2025, the Mine Safety and Health Administration (MSHA) published 18 Notices of Proposed Rulemaking in the Federal Register, marking a sweeping regulatory initiative by the current administration. The proposals...more

Hogan Lovells

FCC dials in on slamming and billing rule reform

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At its July 24, 2025 meeting, the Federal Communications Commission (FCC) is expected to adopt a Notice of Proposed Rulemaking (NPRM) seeking comment on whether to repeal its so-called “slamming” and Truth-in-Billing...more

Morrison & Foerster LLP

The GENIUS Act: A New Federal Regulatory Framework for Payment Stablecoins

On July 18, 2025, President Trump signed into law S. 1582, the Guiding and Establishing National Innovation for U.S. Stablecoins Act (the “GENIUS Act” or the “Act”). The Act covers payment stablecoins[1]—a relatively new form...more

Morrison & Foerster LLP

FDA Targets 52 “Obsolete” Food Standards of Identity for Revocation

On July 17, 2025, FDA announced several rulemakings aimed at modernizing its standards of identity (SOIs) for food products – regulations that define what a food must contain and how it must be made to lawfully bear a...more

Ropes & Gray LLP

FinCEN Delays AML Program Rule for Investment Advisers

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On July 21, the U.S. Treasury Department’s Financial Crimes Enforcement Network (“FinCEN”) announced that it intends to delay implementation of its final rule, Anti-Money Laundering/Countering the Financing of Terrorism...more

Ropes & Gray LLP

Welcome Relief - CFTC Staff Extends No-Action Relief on Position Aggregation Requirements

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The Commodity Futures Trading Commission ("CFTC") Division of Market Oversight ("DMO") has issued relief (see CFTC Letter 21-21) extending the no-action positions previously granted with respect to certain position...more

Akin Gump Strauss Hauer & Feld LLP

FERC Proposes to Eliminate WECC Soft Price Cap

On July 15, 2025, the Federal Energy Regulatory Commission (FERC or Commission) issued an order proposing to eliminate the soft price cap of $1,000 per megawatt-hour (MWh) for bilateral spot sales in the Western Electricity...more

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