The Federal Trade Commission staff has submitted a comment to the North Carolina State Board of Dental Examiners expressing support for proposed changes to the North Carolina Administrative Code that could increase the supply of and access to preventive dental services in underserved areas. In certain facilities in areas that lack access to dental services, […]
Monthly Archives: November 2019
Apple partners with 100cameras to teach Chicago students photography with iPhone
Founded in 2012 as a campus of the Noble Network of Charter Schools, DRW is one of Chicago’s top-performing college prep charter public high schools, engaging the students in rigorous math, science and history curriculum, preparing them to attend and succeed in college and beyond. Last year, 100 percent of its graduating seniors were accepted […]
Secretary Steven T. Mnuchin’s First 1,000 Days in Office
Since he was sworn in on February 13, 2017, Secretary Steven T. Mnuchin has been at the forefront of the Trump administration’s efforts to foster economic growth, combat national security threats, and protect our nation’s financial system. Implementing Historic Tax Reform In collaboration with Congress, Secretary Mnuchin helped to pass, and later implement, President Trump’s […]
California Company Settles FTC Allegations that it Falsely Claimed Participation in EU-U.S. Privacy Shield
A California company has agreed to settle Federal Trade Commission allegations that it falsely claimed participation in the EU-U.S. Privacy Shield framework, which enables companies to transfer consumer data legally from European Union countries to the United States. In its complaint, the FTC alleged that Medable, Inc.—which provides technology solutions to business customers operating in […]
IRS reminds tax professionals of tasks to get ready for 2020
IR-2019-186, November 19, 2019 WASHINGTON — The IRS today reminded tax professionals to review their e-Services account to ensure all contact information is accurate and to add or remove users. Reviewing e-Services information is just one of the tasks tax pros should complete now to get ready for 2020. Here’s a to-do list for the […]
OCC Proposes Rule to Clarify “Valid When Made” Doctrine
News Release 2019-132 | November 18, 2019 Share This Page: WASHINGTON—The Office of the Comptroller of the Currency (OCC) is soliciting comments on a proposed rule to clarify that when a national bank or savings association sells, assigns, or otherwise transfers a loan, interest permissible prior to the transfer continues to be permissible following the transfer. […]
Treasury Designates ISIS Financial, Procurement, and Recruitment Networks in the Middle East and South Asia
Washington – Today, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) designated two Turkey-based Islamic State of Iraq and Syria (ISIS) procurement agents and four ISIS-linked companies operating in Syria, Turkey, and across the Gulf and Europe for providing critical financial and logistical support to ISIS. Additionally, Treasury is acting against […]
Treasury International Capital Data for September
Washington – The U.S. Department of the Treasury today released Treasury International Capital (TIC) data for September 2019. The next release, which will report on data for October 2019, is scheduled for December 16, 2019. The sum total in September of all net foreign acquisitions of long-term securities, short-term U.S. securities, and banking flows was […]
Security Summit marks 4th National Tax Security Awareness Week
IRS announces new dates, social media effort and partner toolkit to highlight identity theft precautions IR-2019-185, November 18, 2019 WASHINGTON —The Internal Revenue Service, state tax agencies and the nation’s tax industry today announced that the 4th Annual National Tax Security Awareness Week will take place between December 2 and December 6. Security Summit partners […]
FTC Requires Bristol-Myers Squibb Company and Celgene Corporation to Divest Psoriasis Drug Otezla as a Condition of Acquisition
Pharmaceutical and biologic manufacturers Bristol-Myers Squibb Company, or BMS, and Celgene Corporation have agreed to divest Celgene’s Otezla, the most popular oral treatment in the United States for moderate-to-severe psoriasis, for $13.4 billion. This divestiture would settle Federal Trade Commission charges that BMS’s proposed $74 billion acquisition of Celgene would violate federal antitrust law. The proposed divestiture […]