Accurate, Focused Research on Law, Technology and Knowledge Discovery Since 2002

Monthly Archives: July 2006

SEC Expands Corporate Disclosure Compliance Requirements

SEC press release 2006-123 Jul. 26, 2006: SEC Votes to Adopt Changes to Disclosure Requirements Concerning Executive Compensation and Related Matters “The Securities and Exchange Commission today voted to adopt changes to the rules requiring disclosure of executive and director compensation, related person transactions, director independence and other corporate governance matters, and security ownership of… Continue Reading

Congressman Nadler Requests Special Prosecutor on Domestic Surveillance Program

Press release: “In a letter to Attorney General Gonzales today [text of which is included in this release], Congressman Jerrold Nadler renewed his call for the appointment of a special counsel to investigate President Bush’s warrantless wiretapping program.When Congressman Nadler first called for a special counsel in December of last year, the Administration responded by… Continue Reading

IRS IG Audit Report on Compliance With Taxpayer Browsing Protection Act of 1997

Treasury Inspecter General for Tax Administration – Increased Managerial Attention Is Needed to Ensure Taxpayer Accounts Are Monitored to Detect Unauthorized Employee Accesses, July 24, 2006. Reference Number: 2006-20-111. “The Taxpayer Browsing Protection Act of 1997 made it a criminal offense to access or inspect tax information without proper authorization. A person convicted of any… Continue Reading

Federal Reserve Releases Beige Book

Federal Reserve Beige Book July 26, 2006 – summary includes links to data on individual districts. “Reports from all twelve Federal Reserve Districts generally indicated continued economic growth during June through mid-July, with numerous individual reports pointing to evidence that the pace of growth has slowed. Several Districts characterized the overall pace of economic growth… Continue Reading

Progress Report on Protecting and Enforcing Intellectual Property Rights Here and Abroad

Senate Committee on Homeland Security and Governmental Affairs, Subcommittee on Oversight of Government Management, the Federal Workforce, and the District of Columbia — hearing — STOP!: A Progress Report on Protecting and Enforcing Intellectual Property Rights Here and Abroad [Links to witness testimony] “The hearing will focus on the progress that the Administration’s Strategy targeting… Continue Reading

House Passes 21st Century Emergency Communications Act of 2006

Fact Sheet on H.R. 5852 Committee on Homeland Security: “Today, the House of Representatives overwhelmingly passed H.R. 5852, The 21st Century Emergency Communications Act of 2006. The bipartisan bill, introduced by Reps. Dave Reichert (WA) and Bill Pascrell (NJ) originally part of the Committee on Homeland Security’s Hurricane Katrina Lessons Learned legislation, takes the necessary… Continue Reading

GAO Reports Spotlight Lack of Controls on Public Access to Sensitive Military Equipment

DOD Excess Property: Control Breakdowns Present Significant Security Risk and Continuing Waste and Inefficiency, Full-text GAO-06-981T, and Highlights, July 25, 2006 DOD Excess Property: Control Breakdowns Present Significant Security Risk and Continuing Waste and Inefficiency, Full-text GAO-06-943, and Highlights, July 25, 2006: “GAO investigators posing as private citizens purchased several sensitive military equipment items from… Continue Reading

Treasury Report on Dynamic Analysis of Permanent Tax Relief

Press release: “This Report presents a detailed description of Treasury’s dynamic analysis of the President’s proposal to permanently extend the tax relief provisions enacted in 2001 and 2003 that are currently set to expire at the end of 2010.” Treasury Report on Dynamic Analysis of Permanent Tax Relief (30 pages, PDF), July 25, 2006 Continue Reading

Hearing on the 60th Anniversary of the Administrative Procedure Act

House Judiciary Committee, Subcommittee on Commercial and Administrative Law — Oversight Hearing on “The 60th Anniversary of the Administrative Procedure Act: Where Do We Go From Here?” Opening Statement of Chris Cannon Chair, Subcommittee on Commercial and Administrative Law.. The current federal regulatory process faces many significant challenges…Other problematic issues that have arisen over the… Continue Reading