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🚫FDA Debars Alnashir Punjani for 5 Years

The Food and Drug Administration (FDA or the Agency) is issuing an order under the Federal Food, Drug, and Cosmetic Act (FD&C Act) debarring Alnashir Alibhai Punjani for a period of 5 years from importing or offering for import any drug into the United States. FDA bases this order on a finding that Mr. Punjani was convicted of one felony count under Federal law for conspiracy to deliver and introduce unapproved drugs. The factual basis supporting Mr. Punjani's conviction, as described below, is conduct relating to the importation into the United States of a drug or controlled substance. Mr. Punjani was given notice of the proposed debarment and was given an opportunity to request a hearing to show why he should not be debarred. As of November 10, 2024 (30 days after receipt of the notice), Mr. Punjani had not responded. Mr. Punjani's failure to respond and request a hearing constitutes a waiver of his right to a hearing concerning this matter.

📑USPTO Information Collection on Practitioner Conduct and Discipline

The United States Patent and Trademark Office (USPTO), as required by the Paperwork Reduction Act of 1995, invites comments on the extension and revision of an existing information collection: 0651- 0017 (Practitioner Conduct and Discipline). The purpose of this notice is to allow 60 days for public comments preceding submission of the information collection to the Office of Management and Budget (OMB).

💉National Vaccine Injury Compensation Program Notice for Businesses

HRSA is publishing this notice of petitions received under the National Vaccine Injury Compensation Program (the Program), as required by the Public Health Service (PHS) Act, as amended. While the Secretary of HHS (Secretary) is named as the respondent in all proceedings brought by the filing of petitions for compensation under the Program, the United States Court of Federal Claims is charged by statute with responsibility for considering and acting upon the petitions.

📜Notice on R Consortium Membership Changes by DOJ Antitrust Division

The Department of Justice's Antitrust Division issued a notice regarding changes in membership within the R Consortium, Inc. This notice outlines the addition of new members and its implications for antitrust provisions under the National Cooperative Research and Production Act, emphasizing compliance requirements for participating businesses.

⚖️SEC Notice on Reporting Evidence of Material Violations

The Securities and Exchange Commission seeks comments on the reinstatement of an information collection requirement for attorneys regarding material violations by issuers. This involves compliance protocols, potentially impacting governance procedures and the ethical conduct of legal professionals within the securities field.

🔒SEC Closed Meeting Notification

The Securities and Exchange Commission announces a closed meeting on critical regulatory issues, including discussions on injunctive actions and administrative proceedings. Such meetings may lead to significant decisions impacting businesses linked to compliance and enforcement actions, with potential repercussions in the financial sector and beyond.

📜IEEE Announces Changes to Standards Under Antitrust Act Regulations

The Department of Justice announces IEEE's notification regarding changes to its standards development activities under the National Cooperative Research and Production Act. This notice highlights the initiation of 51 new standards and revisions to 17 existing standards, emphasizing the importance of compliance and adjustment for businesses in relevant sectors.

📜SEC Sunshine Act Meetings

The Securities and Exchange Commission announces a closed meeting to discuss various legal proceedings, including litigation claims and regulatory matters. The meeting is not open to the public, and the agenda may impact businesses significantly, particularly concerning compliance and enforcement of regulations.

⚖️China United Lines Files Complaint Against Amazon - Business Implications

⚖️RBC QPAMs Proposed Exemption from ERISA Restrictions Explained

This document provides notice of the pendency before the Department of Labor (the Department) of a proposed individual exemption from certain of the prohibited transaction restrictions of the Employee Retirement Income Security Act of 1974 (ERISA or the Act) and the Internal Revenue Code of 1986 (the Code). This proposed exemption would permit certain qualified professional asset managers with specified relationships to Royal Bank of Canada Trust Company (Bahamas) Limited, and certain current and future affiliates of the Royal Bank of Canada (collectively, the RBC QPAMs), to continue to rely on the class exemptive relief granted in Prohibited Transaction Exemption (PTE) 84- 14 (PTE 84-14, or the QPAM Exemption), notwithstanding the March 5, 2024 judgment of conviction against Royal Bank of Canada Trust Company (Bahamas) Limited (RBCTC Bahamas) for aiding and abetting tax fraud, entered in France in the Paris Court of Appeal.