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RegBlog

The Regulatory Week in Review: June 24, 2011

Jun 24, 2011 | Week in Review
  • The U.S. Supreme Court rejected federal nuisance lawsuits filed against power companies for harms from climate change, holding in American Electric Power Co. v Connecticut that the EPA’s authority to regulated greenhouse gases under the Clean Air Act displaced federal common law claims over climate change.
  • J.P. Morgan will pay $154 million to the SEC to settle allegations it misled investors in a mortgage-based synthetic CDO. The charge resembled the SEC’s securities fraud action against Goldman Sachs in 2007, which settled for $550 million.

 


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