Macquarie Contravention of Corporations Act Regarding Shield Master Fund

The Federal Court declared that Macquarie Investment Management Limited (MIML) contravened the Corporations Act by failing to adequately monitor the Shield Master Fund. MIML will pay affected members 100% of their invested amounts, totaling approximately $321 million. This outcome reinforces trustee obligations to monitor funds and protect member savings.

FDA Seeks Comment on Priority Voucher Pilot Program

The FDA has published a Federal Register Notice seeking public comment on its Commissioner's National Priority Voucher pilot program. The agency also announced a public hearing on June 12, 2026, to gather stakeholder feedback on various aspects of the program's implementation and effectiveness.

Suburban Natural Gas Rate Case Settlement and HB15 Rules Finalized

The Public Utilities Commission of Ohio (PUCO) adopted a settlement allowing Suburban Natural Gas to increase annual revenues by $1.19 million, impacting approximately 20,000 customers. Additionally, PUCO finalized administrative rules implementing House Bill 15, requiring mercantile customers to be returned to their local electric distribution utilities' standard service offer within 3 business days of request.

OFAC Russia-related General License 134A Issued

The Office of Foreign Assets Control (OFAC) has issued Russia-related General License 134A, authorizing the delivery and sale of crude oil and petroleum products of Russian Federation origin loaded on vessels as of March 12, 2026. This action provides specific guidance on transactions involving Russian energy exports.

California Bureau of Household Goods and Services Statewide Sweep of Unlicensed Movers

The California Bureau of Household Goods and Services (BHGS) conducted a statewide sweep targeting unlicensed and uninsured household movers. The operation inspected 40 movers across eight counties to ensure compliance with licensing and insurance regulations, with enforcement actions taken where necessary.

California Board of Psychology Seeks License Revocation for Psychologist's Misconduct

The California Board of Psychology is seeking to revoke the license of R. Guy Lewis, Ph. D., for alleged sexual misconduct, exploitation, and gross negligence during patient treatment between October 2020 and October 2023. Lewis will also be ordered to pay investigation and enforcement costs.

Dental Board of California Announces Executive Officer Appointment

The Dental Board of California has appointed Bryce W.A. Docherty as its new executive officer, effective November 24, 2025. Mr. Docherty brings 30 years of experience in government relations and association management, with a focus on healthcare advocacy in California.

CSLB Joins Multi-Agency Effort to Combat Unlicensed Contractors

The California Contractors State License Board (CSLB) participated in a multi-agency effort to combat unlicensed contractors, resulting in 119 legal actions. This initiative, organized by NASCLA, targeted unlicensed contracting and illegal advertising across California, highlighting risks to consumers and potential penalties for violations.

California Modernizes CPA Licensure Requirements

Governor Newsom signed Assembly Bill 1175, modernizing CPA licensure requirements in California. The legislation streamlines qualifications for the CPA exam and license, and updates practice privilege rules for out-of-state licensees. The bill aims to make the CPA designation more accessible while maintaining consumer protection.

First Lady Announces 2026 Spring Garden Tours

The White House announced the 2026 Spring Garden Tours, scheduled for April 18-19, 2026. The event is free and open to the public, but requires timed tickets distributed on a first-come, first-served basis. The notice also details prohibited items and permitted items for attendees.