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HTMLDirector McRaith Outlines FIO’s Cybersecurity Objectives
Sutherland Asbill Brennan LLP;
Legal Alert/Article
March 24, 2015, previously published on March 23, 2015
On March 17, Federal Insurance Office (FIO) Director Michael McRaith outlined FIO’s main cybersecurity objectives for the insurance industry at Networks Financial Institute’s 11th Annual Insurance Public Policy Summit in Washington, D.C.

 

HTMLProposed Changes to Proposition 65: What It Means for Texas Businesses
David A. Baay, Maryann B. Zaki; Sutherland Asbill & Brennan LLP;
Legal Alert/Article
March 24, 2015, previously published on March 23, 2015
If you’ve been to California recently, you likely returned with a heightened awareness of the dangers present in the products you consume and use on a daily basis. That is because in California, Proposition 65 requires businesses to notify California citizens about significant amounts of...

 

HTML“I Feel the Earth Move Under My Feet”: Hedge Funds as Systemically Important Financial Institutions?
Sutherland Asbill Brennan LLP;
Legal Alert/Article
March 23, 2015, previously published on March 20, 2015
Hedge fund managers have historically sought to minimize their regulatory burdens, and the proper level of regulation of the industry has been long and intensely debated. The regulatory burden on hedge fund managers has grown significantly in the aftermath of the financial crisis. Now, a seismic...

 

HTMLExecutive Order Mandates Clean Energy Consumption at Federal Buildings
Jackson M. Allen, Joshua L. Belcher, Lino Mendiola, Ram C. Sunkara; Sutherland Asbill & Brennan LLP;
Legal Alert/Article
March 23, 2015, previously published on March 20, 2015
Yesterday, President Obama released an Executive Order entitled “Planning for Federal Sustainability in the Next Decade.” In short, the order mandates that heads of agency take action to promote energy conservation and efficiency, but more importantly, the order establishes binding...

 

HTMLDynamic Changes for Evaluating Budgetary Impact of Proposed Legislation
Brittany Edwards-Franklin; Sutherland Asbill & Brennan LLP;
Legal Alert/Article
March 23, 2015, previously published on March 20, 2015
On January 6, the House adopted rules that require the Congressional Budget Office and the Joint Committee on Taxation to use macroeconomic or “dynamic” scoring in forecasting the budgetary impact of proposed legislation. Under this system, which is a change from the previous...

 

HTMLProposed Cybersecurity Information Sharing Act of 2015
Sutherland Asbill Brennan LLP;
Legal Alert/Article
March 23, 2015, previously published on March 20, 2015
The U.S. Senate Intelligence Committee released the Cybersecurity Information Sharing Act of 2015 (S.754) on March 18, 2015. The bill would encourage the sharing of cybersecurity threat information, require measures to protect individual privacy and civil liberties interests, and offer liability...

 

HTMLNew Source Review Update: Courts Limit Aggregation for Major Source Determination and Challenges to NSR Pre-Project Emissions Analysis
Jay Holloway, Emily L. Seidman, Liz Williamson; Sutherland Asbill Brennan LLP;
Legal Alert/Article
March 20, 2015, previously published on March 19, 2015
In February, the Middle District of Pennsylvania struck down an environmental group’s challenge that Ultra Resources should have aggregated eight compressor stations into a single source. Ultra Resources individually permitted each of its eight stations that are located at gas fracking wells...

 

HTMLFollow the Money: Pension Funds Have It
Sutherland Asbill Brennan LLP;
Legal Alert/Article
March 20, 2015, previously published on March 19, 2015
We read with interest the hedge fund report published by KPMG International, the Managed Funds Association (MFA) and the Alternative Investment Management Association (AIMA). The report confirmed that corporate and public pension funds are increasingly significant players in the hedge fund space....

 

HTMLDOL Provides More Timing Flexibility for Annual Participant Investment Disclosures
Brenna M. Clark, Adam B. Cohen, Brittany Edwards-Franklin, Andrea M. Gehman, W. Mark Smith; Sutherland Asbill Brennan LLP;
Legal Alert/Article
March 20, 2015, previously published on March 19, 2015
As promised, on March 19, 2015, the U.S. Department of Labor (DOL) published guidance that would provide more flexibility in the timing of the annual plan and investment disclosures for participant-directed defined contribution plans, required since 2012.

 

HTMLD.C. District Court Denies Utility’s Intervention Because of Timing
Jay Holloway, Emily L. Seidman, Liz Williamson; Sutherland Asbill Brennan LLP;
Legal Alert/Article
March 20, 2015, previously published on March 19, 2015
On March 17, 2015, the D.C. District Court denied the Public Service Company of New Hampshire’s (PSNH’s) motion to intervene in a Sierra Club-initiated proceeding urging the U.S. EPA to object to a Title V permit for one of PSNH’s generating stations. Even though one of...

 


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