Law360, New York (December 16, 2015, 3:42 PM EST) -- As we approach the first anniversary of President Obama's historic shift in Cuba policy, many are asking what if anything more the president could do without congressional action to further ease U.S. sanctions against Cuba. The Obama administration has already published two rounds of revisions to the applicable economic sanctions and export control regulations. Relative to the status quo of the last 50 years, these changes have been significant and have dramatically expanded opportunities for U.S. companies and individuals to engage with Cuba. At the same time, the embargo continues to be mandated by federal law and we remain a long way from full normal trade and investment relations. Given that the odds of Congress acting to lift the embargo in the near term seem slim, administration officials have indicated that they are looking to do more....