Federal Reserve Proposes GSIB Capital Surcharge Rule Amendments

The Federal Reserve is proposing amendments to its rule on capital surcharges for U.S. global systemically important bank holding companies (GSIBs). The proposal aims to better align surcharges with risk by modifying calculation coefficients, adjusting for economic growth and inflation, and improving the measurement of systemic indicators. It also proposes amendments to the Systemic Risk Report (FR Y-15).

Atlantic Sea Scallop Fishery Management Plan Adjustment 40

NOAA has implemented Framework Adjustment 40 to the Atlantic Sea Scallop Fishery Management Plan, establishing specifications for fishing years 2026 and 2027. This interim final rule aims to prevent overfishing and optimize yield by setting days-at-sea, general category allocations, and modifying area designations.

Agency Information Collection Activities; Comment Request; Targeted Teacher Shortage Areas Data Collection

The Education Department is requesting public comment on its planned collection of data regarding targeted teacher shortage areas. This notice is part of the agency's information collection activities and has a comment period closing on May 29, 2026.

Agency Information Collection Activities; Comment Request; Financial Report

The Education Department has published a notice requesting comments on its planned collection of financial report data for institutional service endowment activities. The comment period is open for 62 days, closing on May 29, 2026.

Comment Request on Federal Direct Loan Program Regulations for Forbearance and Loan Rehabilitation

The Education Department is requesting public comment on proposed changes to Federal Direct Loan Program regulations concerning forbearance and loan rehabilitation. This notice initiates a 62-day comment period, closing on May 29, 2026.

Notice: Formations of, Acquisitions by, and Mergers of Bank Holding Companies

The Federal Reserve System has published a notice regarding the formation, acquisition, and merger of bank holding companies. This notice, published on March 30, 2026, provides information on these corporate actions within the banking sector.

Dr. George A. Csank Resigns Medical License Voluntarily

The Massachusetts Board of Medicine has accepted the voluntary resignation of Dr. George A. Csank's medical license, effective January 30, 2026. This action is considered a disciplinary measure and will be reported to national practitioner data banks.

IEEPA Tariff Refunds May Trigger Consumer Class Actions

Following a Supreme Court decision invalidating certain tariffs, U.S. Customs and Border Protection (CBP) is developing procedures for refunding approximately $133 billion in collected duties. However, companies that passed these costs to consumers may face consumer class action lawsuits seeking a share of these refunds.

OFAC Fines TradeStation $1.1M for Sanctioned Trades

The Office of Foreign Assets Control (OFAC) fined TradeStation Securities approximately $1.1 million for processing 481 trades worth $4.4 million for users in sanctioned jurisdictions (Iran, Syria, and Crimea). The enforcement action highlights failures in TradeStation's compliance controls, specifically regarding geo-blocking and testing mechanisms.

National Union Fire Insurance Co. v. Lamb - Civil Case

The U.S. District Court for the Northern District of California has filed a new civil case, National Union Fire Insurance Company of Pittsburgh, PA. v. Lamb et al. The case, filed on October 31, 2025, is a civil action based on diversity jurisdiction with a nature of suit categorized as 'Other Fraud'. Recent filings include an ADR Certification and a Case Management Statement.