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- Chief Compliance Officer and VP of Legal Affairs, Arrow Electronics
By Aaron Nicodemus2024-06-28T19:55:00
The Supreme Court of the United States (SCOTUS) overturned a long-held precedent in which courts deferred to federal agencies in interpreting complex or ambiguous regulations–a decision that could make thousands of federal regulations more vulnerable to legal challenges.
The legal crux of the decision in the consolidated cases of Loper Bright Enterprises v. Raimondo and Relentless, Inc. v. Department of Commerce involved the legal precedent, adopted in 1984, known as the Chevron doctrine. Chevron effectively required courts to defer to agencies’ reasonable interpretations of ambiguous statutes.
Chevron deference has been widely applied by courts to nearly every federal and state agency decision across the country, including regulations related to the environment, workplace safety, food and drug approvals, securities law, and banking regulation, to name just a few.
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News and analysis for the well-informed compliance or audit exec. Select an option and click continue.
Annual Membership $499 Value offer
Full price one year membership with auto-renewal.
Membership $599
One-year only, no auto-renewal.
2024-07-02T19:43:00Z By Aaron Nicodemus
The U.S. Supreme Court extended the statute of limitations for businesses attempting to challenge some federal regulations, allowing regulated entities a longer timeline to appeal a decision.
2018-06-20T15:00:00Z By Iain Murray
Chevron deference undermines the integrity of the legislative and rulemaking processes and tramples the rights of the individual citizen. Iain Murray has more.
2018-06-20T14:45:00Z By Craig Oren
The Supreme Court should make clear that lower courts should review if Congress gave an agency authority to act as it did, and then weigh whether the agency engaged in reasoned decision making. Craig Oren has more.
2024-10-22T14:37:00Z By Aaron Nicodemus
The Department of Justice (DOJ) has proposed a new rule that would regulate the use of Americans’ personal information by foreign companies and foreign persons in six “countries of concern,” prohibiting and restricting the sale of data to thwart the use of data for cyber-enabled activities, espionage, coercion, influence and ...
2024-10-17T17:42:00Z By Adrianne Appel
New York financial institutions are expected to address cybersecurity risks posed by artificial intelligence (AI), and new guidance from the New York Department of Financial Services is aimed at helping firms do just that.
2024-10-17T16:22:00Z By Neil Hodge
Concerns about how robustly European member states may enforce the EU AI Act, which took effect on Aug. 1, are divided between if regulators will take a “light touch” approach or a sledgehammer for noncompliance. One thing’s for sure, the pace of AI innovation will make enforcement very difficult.
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