CRE Comment: Rule on Rules

The Administrative Conference of the United States issued the following report titled “Rules on Rules” which was approved by its governing body. It is precedential because it opens the door for establishing a Magna Carta for the Administrative State.

Committee Chair
Senior Counsel, Office of General Counsel
U.S Securities and Exchange Commission

CRE Comment on AI

Interested parties should also consult the encyclopedic work of the Administrative Conference of the United States on AI.  See:

 

Are Military Credit Unions Designed to Assist the Military or Large Corporate Bureaucracies ?

The details to follow based upon a recent experience.

FDA’s Noteworthy Program to Assess the Effectiveness of its Messages to the Stakeholders of the Center for Devices and Radiological Health (CDRH)

FDA states it is going to:

“to conduct educational and public information programs relating to the safety of regulated medical devices and radiation-emitting products. FDA must conduct needed research to ensure that such programs have the highest likelihood of being effective. Improving communications about medical devices and radiation emitting products will involve many research methods, including individual in-depth interviews, mall-intercept interviews, focus groups, self-administered surveys, gatekeeper reviews, and omnibus telephone surveys.”

An effective communications program involves the identification of target audiences, assessing the effectiveness of alternative messages and performing evaluative research concerning the best methods for dissemination of the referenced materials.

Congress asked the Fed chief about marijuana banking: ‘It would be nice to have clarity’

From: CNBC

  • Asked about the Fed’s thoughts on the cannabis space, Chair Jerome Powell says further regulatory guidance would be helpful.
  • “I think it would be great to have clarity,” Powell says. “It puts financial institutions in a very difficult place and puts the supervisors in a difficult place, too.”
  • Marijuana remains illegal on a federal level in the United States, but 10 states and the District of Columbia have allowed its use for recreational purposes.

Federal Reserve Chairman Jerome Powell said before the U.S. Senate Tuesday that conflicting federal and state laws on the sale of marijuana and other cannabis products put bank supervisors in a “very difficult place.”