Business Group Has Concerns with SEC’s Cross-Border Swaps Plan

Editor’s Note:  One of the challenges for the SEC will be to craft a final rule which is fully compliant with the standards and requirements set forth in the Commission’s binding guidelines implementing the Data Quality Act.

From: Compliance Week

Joe Mont

The heated controversy over proposed, international swap rules shows no signs of cooling.

In a letter to the Securities and Exchange Commission, a business group that calls itself the Coalition for Derivatives End-Users has urged the commission to reconsider proposed rules that allow for cross-border application of the Dodd-Frank Act’s derivatives rules.

Charah Names New Director Of Agricultural Product Sales

From: CropLife

Scott Vanderventer has joined the management team at Charah, Inc. as Director of Agricultural Product Sales.

Charah, Inc., a total solutions company providing service and innovation for the coal-fired electric utility industry, has announced Scott Vanderventer has joined the management team as Director of Agricultural Product Sales, effective July 18, 2013. He is based in Louisville, KY, and is responsible for leading the sales development and execution for SUL4R-PLUS and other Charah agricultural products.

Vanderventer has more than 30 years of experience in agricultural sales, most recently with Oxbow Fertilizer where he served as director and global trader of bulk fertilizers. Prior to that, Vanderventer worked for CF Industries and Matlok Fertilizer Co.

State to hold town hall meetings on farm equipment impact

From: Wisconsin Rapids Tribune

Written by Karen Madden, Central Wisconsin

Concern of the potential damage farm equipment, that is becoming increasingly larger, can do to roads is causing officials to look for ways to handle the situation.

The Wisconsin Department of Transportation, DOT, and Department of Agriculture, Trade and Consumer Protection, DATCP, put together the Instruments of Husbandry Study Group last fall to look at the damage agricultural equipment is doing to roads and highways. The group is made up of members of organizations that would be impacted by any changes in regulations, including the Wisconsin Farm Bureau Federation, the Professional Dairy Producers of Wisconsin, the Wisconsin Towns Association and Association of Equipment manufacturers.

Obama orders formation of interagency chemical safety working group

From: Oil & Gas Journal

US President Barack Obama issued an executive order on Aug. 1 forming a federal interagency chemical safety and security working group in response to recent accidents. The president’s action came as witnesses told a US House subcommittee that chemical firms and regulatory agencies already are trying to improve safety and security in the chemical workplace and surrounding communities.

Obama acknowledged in his order that the federal government already has developed and implemented numerous programs aimed at reducing the safety risks and security risks associated with hazardous chemicals. “However, additional measures can be taken by executive departments and agencies with regulatory authority to further improve chemical facility safety and security in coordination with owners and operators,” he said.

Heritage Foundation on the Chemical Safety Executive Order

Another Flawed Executive Order: Chemical Security and Government Overreach

President Obama issued his latest in a long line of executive orders yesterday. The order, titled “Improving Chemical Facility Safety and Security,” is rather inaptly named. Rather than improving upon existing chemical security programs, like the often criticized Chemical Facility Anti-Terrorism Standards (CFATS), the order simply throws layers of federal bureaucracy and oversight at the problem.

Created in 2007, CFATS prescribes a regulatory framework for facilities that produce, handle, or store high-risk chemicals in the U.S. The program was intended to offer a flexible, risk-based security program to prevent abuse and theft of high-risk chemicals by terrorists and other bad actors. The reality, however, has been much different. As Heritage explained last year:

Obama issues executive order to boost safety as lawmakers probe better oversight

From: E&E Publishing

Jason Plautz, E&E reporter

Amid increased scrutiny of the regulation of chemical facilities after the deadly blast in West, Texas, President Obama today instructed federal agencies to review safety rules and craft new strategies for plants storing hazardous materials.

That executive order will include a review of potential new guidelines to improve storage and handling of ammonium nitrate, the explosive material at the center of the April fertilizer plant explosion.

The blast that killed 14 people brought increased attention to what has been deemed a “patchwork” of federal chemical regulations. In Senate testimony late last month, Chemical Safety Board Chairman Rafael Moure-Eraso said that patchwork “has many large holes” related to ammonium nitrate.