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United States: House Markup To Consider Legislation Limiting NLRB Actions In Wake Of Noel Canning - Littler Mendelson

The House Committee on Education and the Workforce will hold a meeting to vote on the Preventing Greater Uncertainty in Labor-Management Relations Act, a bill seeking to limit National Labor Relations Board activities until at least three members are confirmed by the Senate or until the U.S. Supreme Court weighs in on the legitimacy of President Obama’s recess appointments.

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Found 1 month ago on channel Mondaq

United States: Overtime Collective Action Thrown Out By Judge - Day Pitney LLP

Judge Vincent Briccetti of the U.S. District Court in White Plains, New York, recently dismissed a purported collective action filed by Tiffany Ryan, a former assistant branch manager at JPMorgan Chase. Ryan sued Chase in June 2012 claiming that she was misclassified as an exempt employee and denied overtime pay in violation of the Fair Labor Standards Act.

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Found more than 1 month ago on channel Mondaq

Top U.S. Lawmakers Back Mobile Phone Unlocking Bills

Several prominent lawmakers from both political parties have thrown their support behind legislation to allow consumers to “unlock” their mobile phones, after the White House formally objected to a recent ban on the practice. The ban makes it a federal crime for consumers to unlock newly purchased mobile phones in order to use a different wireless network without their current carrier’s permission. But the activists behind the grassroots effort to reverse the ban say the proposed bills don’t go far enough to reform the Digital Millenium Copyright Act, the federal law at the heart of the controversy. The speed with which lawmakers have introduced unlocking bills suggests that they see a winning political issue. Sen. Ron Wyden (D-OR) was first out of the gate with a bill, following an online White House petition protesting the ban that drew more than 100,000 signatures. Wyden’s bill, called the “Wireless Device Independence Act,” would amend the DMCA’s “anti-circumvention” ...

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Found more than 1 month ago on channel TIME Moneyland

Obama Administration: Mobile Phone ‘Unlocking’ Should Be Legal

The Obama administration will push to reverse a new prohibition on mobile phone unlocking, after an online White House petition protesting the ban drew more than 100,000 signatures. The ban makes it a federal crime for consumers to “unlock” newly purchased mobile phones in order to use a different wireless network without their current carrier’s permission. Despite the Obama administration’s opposition, however, Congress will most likely need to change federal copyright law for the ban to be reversed. Public interest groups have opposed the unlocking ban because it frequently means that consumers have to buy new phones if they want to switch networks after their contracts have expired. Unlocking also allows consumers to resell their phones for use on another carrier after their contracts are over, and to use second-hand phones on the carrier of their choice, which may not be the network on which the device was originally activated. These actions are now illegal without the permission ...

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Found more than 1 month ago on channel TIME Moneyland

What (If Anything) Can Fix the SEC?

When President Obama nominated former U.S. Attorney Mary Jo White to be the next Chairman of the Securities and Exchange Commission (SEC), the reaction was generally positive. White will be the first prosecutor to head the nation’s top financial regulator, and many critics of Big Finance are seeing the pick as a clear indication that the President wants to get tough on Wall Street shenanigans. For instance, Dennis Kelleher, president of the nonprofit organization Better Markets, which lobbies for financial regulatory reform, said in a statement: “Mary Jo White was a tough, smart, no nonsense, broadly experienced and highly accomplished prosecutor.  She knew who the bad guys were, went after them and put them in prison when they broke the law.  That’s what must happen if integrity and investor confidence is to be restored in our securities markets.  Wall Street is a high crime area and Mary Jo White brings the right skill set to restore the rule of law on Wall Street.” Kelleher ...

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Found more than 1 month ago on channel TIME Moneyland