The United States Department of Energy issued an emergency order authorizing PJM Interconnection and Talen Energy Corporation to operate Unit 4 at the Wagner Generating Station beyond its current operating limit. This measure, effective from August 20 through November 17, 2026, aims to address urgent energy shortfalls affecting 65 million Americans in the Mid-Atlantic region. The coordination between PJM and Talen Energy is critical to maintaining grid reliability during periods of high electricity demand.
In enforcement news, the United States Securities and Exchange Commission ordered Ibrahim “Albert” Fouerti and Elie Fouerti to cease and desist violations of Rule 13b2-2(a) of the Exchange Act. The SEC imposed civil penalties of $75,000 on Albert Fouerti and $50,000 on Elie Fouerti for making materially false or misleading statements to auditors during Company A's 2021 financial audit. Both respondents must pay these penalties within 10 days of the order, following specified payment methods and including identifying information.
The United States Food and Drug Administration has released a discussion paper seeking public feedback on a potential regulatory framework for generative AI-enabled medical devices. The FDA invites comments on risk assessment frameworks, proposed premarket competency assessments including non-clinical benchmarking and clinical confirmation, and risk-proportionate postmarket monitoring strategies.
The United States Department of the Treasury proposed new guidance for Trump Accounts, limiting eligible investments to low-cost index exchange-traded funds with broad U.S. or global market exposure. The guidance excludes high-fee or complex investment products.
The United States Office of the Comptroller of the Currency announced the termination of the formal enforcement agreement dated September 18, 2025, with First National Bank of Pasco as of July 9, 2026. The bank must maintain compliance with laws and regulations including Bank Secrecy Act and anti-money laundering laws, suspicious activity reporting, board oversight and governance programs, and appoint a Compliance Committee to report regularly to the Board and the OCC.
In healthcare fraud oversight, the United States Office of Inspector General released a report highlighting vulnerabilities in Medicare durable medical equipment supplier enrollment, physician order verification, and enrollee identification. The report calls for strengthened enrollment safeguards, improved detection of ownership changes, banning paper applications, enhanced oversight of new suppliers, and better protection of enrollee identification numbers.
Finally, Pearson Education agreed to pay $150,000 to settle a disability discrimination lawsuit filed by the United States Equal Employment Opportunity Commission. Pearson will implement injunctive relief including web accessibility audits of online benefit platforms and training modules, necessary modifications to ensure accessibility for visually impaired employees, annual training for human resources personnel on web accessibility and accommodations, compliance reporting, and workplace notices.
That wraps up today's regulatory updates. Visit carveragents.ai for more information.