Regulatory & Compliance
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Food & Beverage
Food Safety Modernization Act Pushes Food Safety Regulation Into New Era Of Prevention
On January 4, 2011, President Obama signed into law the most comprehensive food safety reform in U.S. history: the Food Safety Modernization Act (FSMA, pronounced "fizz-ma" by those working to implement the law). While the Federal Food, Drug, and Cosmetic Act of 1938 (FFDCA) and the...
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FCPA: A Stumbling Block For U.S. Ability To Compete Globally
Lisa A. Rickard, president of the U.S. Chamber Institute for Legal Reform (ILR), issued the following statement regarding the House Judiciary Subcommittee on Crime, Terrorism, and Homeland Security's hearing on June 14 to examine the Foreign Corrupt Practices Act: "Today's hearing...
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Supreme Court Gives Guidance On Materiality Standard Under Federal Securities Laws
In Matrixx Initiatives, Inc. v. Siracusano ,1the Supreme Court provided insight into how to assess the materiality of information in the context of the federal securities laws. Applying its materiality test from Basic, Inc. v. Levinson, 2the Court considered whether a series of adverse event...
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