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The SEC published in the Federal Register a FINRA proposal to expand the scope of the current exemption from trade reporting obligations.
Comments on the proposal must be submitted within 21 days of its publication in the Federal Register.
NCBA NCBA's Tanner Beymer (left) talked with Rep. Dusty Johnson (right) about his PRICE Act in October 2020. House bill allows state-inspected meat facilities to sell direct to consumer and still provide recall authority. Jake Feddes, owner of Montana-based Feddes Family Meats, gets 10-15 messages a week asking for his state-inspected small meat processing facility to ship across state lines. Although all of his facility’s standards meet or are greater than USDA standards, he has to turn down the consumers’ request because the Federal Meat Inspection Act current...
Bill would help entrepreneurs, Congressman says Written By: Marcus Traxler | × Rep. Dusty JohnsonPhoto courtesy of Dusty Johnson for Congress. WASHINGTON — U.S. Rep. Dusty Johnson, R-S.D., said Thursday that he is re-introducing legislation that would allow state inspected meat to be sold across state lines over the internet. The Direct Interstate Retail Exemption for Certain Transactions (DIRECT) Act would allow entrepreneurs and small businesses to expand their offerings and market directly to consumers, Johnson said. He is co-sponsoring it with U.S. Rep. Henry Cuellar (...
NCBA welcomes House introduction of bipartisan DIRECT Act The National Cattlemen’s Beef Association hailed the introduction of bipartisan legislation to create new opportunities for cattle producers and processors to market beef products. The Direct Interstate Retail Exemption for Certain Transactions, or DIRECT Act of 2021, would allow retail quantities of meat processed under state-inspection to be sold across state lines through e-commerce. NCBA Policy Division Chair Todd Wilkinson says, “The DIRECT Act will allow cattle producers and smaller beef processors to more easily evolve to m...