Gary Gensler, President Obama's pick to head the U.S. Commodity Futures Trading Commission, has assured lawmakers of his commitment to regulatory reform and vowed to support new enforcement initiatives if he is confirmed.
With new regulation of credit default swaps seemingly a foregone conclusion, state regulators are making their case that the states should take the lead in overseeing the multitrillion-dollar market.
The U.S. Department of Justice has reportedly joined the European Union in an antitrust probe targeting the global undersea and underground cable business.
Signaling the coming debate over climate change legislation, Sen. Barbara Boxer, D-Calif., has unveiled a set of principles designed to guide Democratic efforts to draft a new proposal aimed at cutting greenhouse gas emissions.
The release of ballast water, sewage, effluent from engines and many other pollutants from commercial ships will be regulated starting Friday after a 35-year period in which they were exempt from Clean Water Act discharge requirements.
The U.S. Environmental Protection Agency has signed off on a $9.1 million settlement with a Deere & Co. unit, the U.S. Army Corps of Engineers and the city of Ankeny, Iowa, to clean up nearly 50 years' worth of lead, chromium and other contaminants from a former industrial waste processing site.
A group of wildlife experts is reportedly urging Colorado legislators to approve new gas and oil drilling environmental rules despite objections that the regulations could harm industry at a time when the state and the country are reeling from a recession.
The European Commission reportedly plans to disclose public comments it has received following its inquiry into whether major pharmaceutical companies have been involved in a scheme to delay or block the sale of generic versions of their drugs.
In an effort to alleviate some of the havoc that a ban on certain products containing phthalates and lead would purportedly wreak, the U.S Consumer Product Safety Commission has stayed for one year certain testing and certification requirements for manufacturers and importers.
The U.S. Environmental Protection Agency has agreed to extend the period for public comment on its proposed rule for classifying certain pharmaceuticals as hazardous waste and requiring hospitals and health care centers to dispose of them accordingly.
The state of Connecticut has received the go-ahead to file an amicus curiae brief in support of a lawsuit filed by consumer advocacy groups demanding that the U.S. Consumer Product Safety Commission more strictly enforce a ban on plastic toys containing phthalates that is set to go into effect in early February.
President Obama said Friday he wanted to reverse many of his predecessor's policies toward organized labor and that a strong labor movement was an integral part of having a robust middle class, signing three executive orders related to federal contractors' interactions with workers.
The U.S. Department of the Interior will review the sanctions meted out to Minerals Management Service workers who habitually used drugs and alcohol and had sex with oil and gas industry executives, Secretary of the Interior Ken Salazar has pledged.
Seeking to impose broader tort restrictions, a South Carolina legislator has proposed a bill to limit punitive damage awards for all personal injury cases, as well as reverse two recent state Supreme Court decisions making it easier for plaintiffs to pursue product liability cases or cases against corporate directors and officers.
State insurance regulators have voted against approving a request from life insurance companies to reduce current capital and reserve requirements, in spite of industry claims that the changes were needed in the wake of the financial crisis.
The Obama administration's pledge to tackle a host of labor and employment issues in the coming months has employers watching their backs, a new law firm survey has revealed.
A Senate bill introduced Thursday would bring all hedge funds under the scrutiny of the U.S. Securities and Exchange Commission.
The U.S. House of Representatives has passed legislation to strengthen whistleblower protections for employees of government contractors and federal employees, including those in national security, transportation security and science.
The European Commission kicked off infringement proceedings Thursday against 10 member states that the agency claims have yet to comply with the European Union's limits on environmentally harmful airborne particles emitted from traffic and home heating.
The European Commission has launched an in-depth investigation into a proposed German plan to give tax breaks to venture capital companies that invest in businesses, expressing concern that the proposal could run afoul of European Union state aid rules.