- Chief Compliance Officer and VP of Legal Affairs, Arrow Electronics
New legislation, the Regulatory Accountability Act, is a bipartisan effort to modernize the 70-year-old Administrative Procedures Act, the blueprint for creating federal regulations.
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The request by a group of prominent Democratic senators that the Federal Trade Commission launch rulemaking on data privacy signals Congress is not close to passing a federal law anytime soon, experts say.
The Federal Trade Commission will have its power to seek disgorgement of ill-gotten gains restored, if a bill that passed the House becomes law.
President Joe Biden has signed Congress’ repeal of the Office of the Comptroller of the Currency’s “true lender” rule issued last year in the waning months of the Trump administration.
