TodayLegal News

Verdict.News

Regulatory

Federal agency enforcement actions, rulemaking, and regulatory developments. Coverage of the SEC, FTC, CFPB, CFTC, OSHA, FDA, and other agencies shaping compliance and industry standards.

Regulatory
•4 min read

FTC Submits Deregulation Plan to White House Under Trump Order

Federal Trade Commission Chairman Andrew N. Ferguson submitted comprehensive recommendations to the White House Office of Management and Budget for eliminating anticompetitive regulations across federal agencies. The report responds to President Trump's Executive Order targeting rules that exclude market entrants and protect incumbent businesses.

•FTC Chairman Ferguson submitted deregulation recommendations to OMB responding to Trump's executive order
•Report targets Biden-era rules giving contract preferences to disadvantaged businesses
AI-generated SummaryRead Article →
Regulatory
•4 min read

FTC and DOJ Report 32 Merger Enforcement Actions in Fiscal Year 2024

The Federal Trade Commission and Department of Justice released their annual Hart-Scott-Rodino report showing they took 32 merger enforcement actions in fiscal year 2024 to block potentially anti-competitive deals. Companies filed 2,031 transaction notifications under the HSR Act, with about 25% valued at over $1 billion.

•Federal agencies took 32 merger enforcement actions in FY 2024, with the FTC bringing 18 cases including 6 that went to litigation
•Companies notified agencies of 2,031 transactions under HSR Act, approximately 500 valued at more than $1 billion
AI-generated SummaryRead Article →
Regulatory
•4 min read

CFTC Secures $18.4M in Penalties Against Florida Firms in Metals Fraud

The Commodity Futures Trading Commission announced that a federal court has ordered $6.9 million in restitution and $11.5 million in civil penalties against six defendants involved in a fraudulent precious metals scheme. The case resolves enforcement action against individuals and Florida firms that operated a deceptive Silver Lease Program from 2014 to 2019.

•Federal court ordered $6.9M restitution and $11.5M civil penalties against six defendants
•Fraudulent Silver Lease Program operated from June 2014 through October 2019
AI-generated SummaryRead Article →
Regulatory
•4 min read

FTC Action Prompts Three Directors to Resign from Sevita Board

Three individuals resigned from Sevita Health's Board of Directors following Federal Trade Commission enforcement of Clayton Act provisions prohibiting interlocking directorates. The action resolved competition concerns over directors simultaneously serving on boards of competing disability services providers.

•Three directors resigned from Sevita Health's board following FTC enforcement of Clayton Act interlocking directorate prohibitions
•Both Sevita and Beacon Specialized Living Services provide disability services and had common board representation
AI-generated SummaryRead Article →
Regulatory
•4 min read

FTC Abandons Defense of Non-Compete Ban Rule After Court Challenge

The Federal Trade Commission voted 3-1 to dismiss its appeals and accept the court-ordered vacatur of its Non-Compete Clause Rule, effectively abandoning its effort to ban most non-compete agreements nationwide. The decision marks a significant reversal from the Biden-era FTC's aggressive antitrust stance.

•FTC voted 3-1 to dismiss appeals of court rulings blocking the Non-Compete Clause Rule
•Current Chairman Ferguson and Commissioner Holyoak originally dissented on the rule, citing lack of statutory authority
AI-generated SummaryRead Article →
Regulatory
•4 min read

Federal Reserve Terminates Enforcement Action Against Société Générale

The Federal Reserve Board announced the termination of an enforcement action against Société Générale S.A. and its New York branch. The move indicates the French banking giant has successfully addressed regulatory compliance issues that prompted the original supervisory action.

•Federal Reserve officially terminated enforcement action against Société Générale S.A. and its New York branch
•Termination indicates the French bank successfully remediated compliance deficiencies that prompted original regulatory action
AI-generated SummaryRead Article →
Regulatory
•4 min read

FTC Orders Pet Cremation Giant to Drop Noncompete Agreements for 1,800 Workers

The Federal Trade Commission has ordered Gateway Services, Inc. and its subsidiary to immediately stop enforcing noncompete agreements that restricted nearly 1,800 employees from working in the pet cremation industry anywhere in the U.S. for one year after leaving the company.

•FTC ordered Gateway Services to stop enforcing noncompete agreements affecting nearly 1,800 workers nationwide
•Company imposed blanket one-year industry restrictions on all employees regardless of position or access to confidential information
AI-generated SummaryRead Article →
Regulatory
•4 min read

FTC Opens Public Inquiry Into Employee Noncompete Agreements

The Federal Trade Commission has launched a comprehensive public inquiry to examine the scope and effects of employer noncompete agreements, signaling potential future enforcement actions. The agency is seeking public comments through November 3, 2025, particularly from employees and employers affected by these restrictive agreements.

•FTC opens 60-day public comment period ending November 3, 2025, to gather information on noncompete agreement practices
•Trump-Vance administration FTC specifically targeting 'worst offenders' to restore labor market fairness
AI-generated SummaryRead Article →
Regulatory
•4 min read

FTC Chairman Applauds Trump's Revocation of Biden Competition Order

Federal Trade Commission Chairman Andrew N. Ferguson praised President Trump's decision to revoke the Biden-Harris Administration's 2021 Executive Order on competition policy. Ferguson characterized the move as a shift away from what he called 'top-down competition regulations' toward a more market-friendly approach that allows businesses to operate freely without government interference.

•FTC Chairman Ferguson issued statement supporting Trump's revocation of Biden's 2021 competition executive order
•New administration signals shift from aggressive antitrust enforcement to market-friendly policies
AI-generated SummaryRead Article →
Regulatory
•4 min read

FTC Closes Truck Manufacturer Antitrust Probe After Securing Commitments

The Federal Trade Commission has closed its antitrust investigation into four major truck manufacturers that control up to 99% of the U.S. heavy-duty truck market after securing written commitments addressing competition concerns over their environmental partnership with California regulators.

•Four manufacturers controlling 99% of heavy-duty truck market secured FTC deal to close antitrust investigation
•Clean Truck Partnership with California regulators raised concerns about market coordination and output restrictions
AI-generated SummaryRead Article →