Focus on Power Sector in Compromise Senate Climate Bill Gets Cautious Welcome; Later Phase-in for Manufacturing Sought

A compromise designed to clear the way for a 2010 Senate vote on climate legislation by initially limiting caps on carbon emissions to the power sector got cautious support from…

Offshore Drilling Plan Offered as Bargaining Tool in Senate Climate Change Debate

Sen. Lisa Murkowski (R-Alaska) has drafted a 91-page bill designed to expand U.S. offshore oil and gas production as part of an effort to gain votes for an energy and climate package that…

EPA Sends Draft Final Rule on Greenhouse Gas Emissions to White House for Review

The Environmental Protection Agency has submitted for White House review a draft final rule clarifying when stationary sources such as power plants and refineries…

Federal Trade Commission Appeals Order Barring Red Flags Rule Enforcement Against Law Firms, Attorneys

The Federal Trade Commission is challenging a federal district court order barring enforcement against law firms of its identity theft Red Flags Rule, in an appeal docketed…

White House Releases Part of Declassified Comprehensive National Cybersecurity Initiative

The United States has declassified and posted online part of the Comprehensive National Cybersecurity Initiative (CNCI) in the interests of transparency and…

Federal Communications Commission Broadband Plan Expected to Urge New Cybersecurity Requirements for ISPs

Internet service providers would, for the first time, be required to report network outages to the Federal Communications Commission under a cybersecurity proposal that is…

ANALYSIS: Electronic Discovery Issues in Business Downsizings and Closings

It’s no secret that we are in the midst of the worst economic downturn since the Great Depression. The economy is stagnant, the stock market is unstable, and…

U.K.-Based Defense Contractor to Pay $400 Million Fine Over Bribes to Foreign Officials

U.K.-based defense contractor BAE Systems plc March 1 pleaded guilty to charges it bribed foreign officials to gain or retain business in violation of the Foreign Corrupt Practices Act and…

Treasury’s Proprietary Trading Language Targets All Financial Firms for Restrictions

Legislative language that the Treasury Department will soon submit to Congress calls for quantitative limits and additional capital requirements on…

Madoff Judge Agrees With Trustee’s Net Equity Formula, Setting Stage for Appeal

Investors that withdrew more than they deposited at Bernard L. Madoff Investment Securities LLC may not share in the liquidation assets, the U.S. Bankruptcy Court for…

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