News & Legal Updates Archive

The National Credit Union Administration (NCUA) recently issued a proposed rule designed to regulate the pay of executives at banks and credit unions around the country. These are the so-called “Wall Street Pay Rules.”

Section 337 allows for a public evidentiary hearing under an administrative law judge, Shon said. That hearing is essentially a trial, in which depositions can be compelled and individuals can be questioned under penalty of perjury, which is not an option in the countervailing and anti-dumping cases. MCDONALD HOPKINS member Jim Giszczak, who helps lead the firms trade secret and data privacy groups, said this petition is a novel and creative approach to get government to work with industry, as lawsuits in China can be difficult to enforce. If this complaint is successful, it could serve as another avenue for industries to look into. The remedy being asked for is extreme, but so are the actions, he said.