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Covering Licensee/Regulatee Investigation, Universal Service Fund, Independent Contractor, Dynamic Factor Model, Antifraud. Explore regulatory updates on Licensee investigations, Universal Service Fund changes, Independent Contractor rules, Dynamic Factor Model applications, and key Antifraud enforcement actions impacting public policy and compliance.
Regulatory news, updates, and insights for USA presented by the Carver Agents team
Welcome to Carver's USA Regulatory Updates for March 02, 2026.
Attorney General Rob Bonta is co-leading a multistate lawsuit involving California, Arizona, Colorado, Connecticut, Delaware, Maine, Maryland, Michigan, Minnesota, New Jersey, New Mexico, Oregon, Rhode Island, Wisconsin, and Pennsylvania to block the Trump Administration’s January 5, 2026 CDC Decision Memo. This memo demoted seven childhood vaccines from universally recommended status and unlawfully replaced the Advisory Committee on Immunization Practices, or ACIP, members with appointees lacking scientific qualifications. The lawsuit argues these changes threaten public health by decreasing vaccine uptake, increasing disease risk, causing confusion and misinformation, and violating federal laws governing advisory committee appointments and vaccine policy. The suit seeks reversal of the memo and restoration of prior vaccine recommendations. Key requirements include maintaining science-based vaccine schedules, ensuring ACIP appointments comply with the Federal Advisory Committee Act, and preventing unilateral policy changes without proper scientific review and public consultation.
In related news, Attorney General Bonta also rejects the Trump Administration’s tax policy changes limiting clean energy projects across multiple states including Oregon, Arizona, California, Colorado, Connecticut, Delaware, the District of Columbia, Illinois, Maine, Maryland, Massachusetts, Michigan, Minnesota, New Mexico, New Jersey, Rhode Island, and Washington. IRS Notice 2025-42 narrows the definition of "beginning of construction" for wind and solar projects to qualify for tax credits, removing previous safe harbor provisions. This update threatens to reduce clean energy supply, increase electricity costs, disrupt state energy planning, and undermine climate goals.
In New York, Attorney General Letitia James filed an amicus brief supporting New York City’s motion to dismiss the Department of Justice’s lawsuit challenging the city’s sanctuary laws. The brief affirms that the sanctuary laws are consistent with state and federal law and emphasizes their role in public safety by fostering trust between immigrant communities and local law enforcement. The brief calls for maintaining limitations on local law enforcement participation in federal civil immigration enforcement and focusing resources on crime and gun violence reduction.
The Cybersecurity and Infrastructure Security Agency, or CISA, issued Emergency Directive 26-03 requiring immediate action to secure Cisco SD-WAN systems used by federal agencies. Agencies must inventory all in-scope Cisco SD-WAN systems, collect virtual snapshots and logs, patch systems for specified vulnerabilities, hunt for compromise, and implement hardening guidance. These vulnerabilities are actively exploited by malicious cyber threat actors, creating significant cybersecurity risks that demand urgent mitigation.
The Federal Communications Commission issued a Notice of Unauthorized Operation to Beacon Air Group in Billings, Montana, for operating an unlicensed radio station on frequency 128.825 megahertz at Billings Airport. Beacon Air Group must discontinue unlicensed radio operations immediately and respond within 10 days with evidence of valid FCC authorization. Operating without a license violates federal law and risks harmful interference with licensed operations.
USA LESS Co. is recalling its Rhino Choco VIP 10X product in the United States due to the presence of undeclared Tadalafil, a prescription drug ingredient that may cause dangerous interactions. The company is removing the product from sale, including online stores, and urges consumers to return the product for a full refund. Contact information for consumer inquiries has been provided.
The Securities and Exchange Commission revoked the registration of LNPR Group Inc.'s securities under Section 12(j) of the Securities Exchange Act of 1934 because LNPR failed to file required periodic reports since September 30, 2023. This revocation restricts the ability to trade LNPR securities and signals regulatory enforcement for non-compliance. LNPR must cease use of mails or interstate commerce for transactions in revoked securities.
In enforcement actions, the SEC permanently enjoined Fernando Passos from violating antifraud provisions, barred him from serving as an officer or director of a public company, and imposed a civil penalty of $500,000. Separately, the SEC permanently enjoined Ian G. Bell from securities violations, restricted his participation in securities transactions to his personal account only, and ordered disgorgement and prejudgment interest, with amounts satisfied by forfeiture in a parallel criminal case. Damien Alfalla, CPA, was suspended from appearing or practicing before the SEC as an accountant effective immediately due to violations of federal securities laws.
The SEC adopted final rules under the Holding Foreign Insiders Accountable Act requiring directors and officers of foreign private issuers to disclose holdings and transactions in equity securities starting March 18, 2026. The rules remove exemptions for foreign private issuers under Section 16(a), require electronic filings in English, and exclude only 10 percent holders. These amendments enhance regulatory oversight and transparency of foreign insiders’ equity transactions.
The Federal Communications Commission no longer recognizes CVC Testing Technology (Shenzhen) Co., Ltd. as an accredited test laboratory under its equipment authorization program, effective immediately. This action ensures that test labs participating in FCC equipment authorization are not controlled by foreign adversaries, protecting national security and the integrity of testing.
The US Supreme Court ruled that the International Emergency Economic Powers Act, or IEEPA, does not authorize the president to impose general tariffs. As a result, tariffs imposed under IEEPA were invalidated and replaced by new tariffs under Section 122 of the US Trade Act, effective February 24, 2026. This ruling affects trade relations and tariff applications between the United States and Switzerland. Businesses must adjust to the new tariff regime and monitor ongoing developments.
Finally, the US Department of Labor proposed a rule to clarify employee and independent contractor status under federal wage and hour laws. The proposal rescinds the 2024 final rule and replaces it with a rule similar to the 2021 analysis applying an economic reality test focusing on economic dependence. The test considers control over work, opportunity for profit or loss, skill required, permanence of the relationship, and integration into production.
That wraps up today's regulatory updates. Visit carveragents.ai for more information.