
A sourced digest of the twenty-one SEC, FDA, and FTC developments from October 13–19, 2026, with the parties, procedural status, money at issue, and the deadlines to calendar.
| Agency | Development | Status or amount | Next action |
|---|---|---|---|
| SEC | Cross-trading rule proposal published in the Federal Register (Oct. 15) | Release No. IC-36358, File No. S7-2026-36; would widen eligible securities, modernise the rule's conditions and require aggregated reporting on Form N-PORT and Form N-MFP | Comments close December 14, 2026. 1 |
| SEC | Matthew Brown and Matthew Brown Companies, LLC (reported Oct. 13) | Final judgments entered September 27 over a bogus $200 million offer for Virgin Orbit; $236,451 penalty against Brown and conduct bars against both | Litigation concluded; the money now has to be collected. 2 |
| SEC | John Arthur Hanratty, attorney and former chief compliance officer (Oct. 13) | Industry bar and immediate suspension from practising before the Commission, after convictions for wire fraud and bank fraud; 366 days' imprisonment imposed May 26, 2026 | Bar in force; no court approval needed. 3 |
| SEC | David Kushner and La Mancha Funding Corp. (Oct. 13) | Adviser bar, on allegations that $2.14 million was misappropriated from investors; Kushner pleaded guilty in September 2025 to New York grand-larceny counts | Bar in force; sentencing on the state counts is separate. 4 |
| SEC | Michael D. Williams, CMI Capital LLC (Oct. 15) | Adviser bar; raised at least $860,000 from 18 investors across two funds between October 2023 and August 2024 | Bar in force; the civil action continues in the Southern District of Florida. 5 |
| SEC | Silver Star Properties REIT, Inc. (Oct. 14) | Registration revoked under Section 12(j) effective October 15; no periodic report filed since the quarter ended September 30, 2023 | Holders should confirm how custodians value and transfer SLVSQ. 6 |
| SEC | Tai Mo Shan Limited (Oct. 15) | Time extended to approve or disapprove a plan of distribution; eight comments came in on the August 20 proposal | Commission decision on the plan; no date set. 7 |
| SEC | Raymond Lawrence Lent, Putney Financial Group (Oct. 15) | Proposed plan of distribution published for comment, File No. 3-21943 | Comments run thirty days from October 15, so November 14, 2026. 8 |
| SEC | Small Business Capital Formation Advisory Committee (Oct. 14) | Meeting on October 27 at 10 a.m. on IPO modernisation and Regulation Crowdfunding | Attend in Washington or by webcast. 9 |
| FDA | Anktiva (nogapendekin alfa inbakicept-pmln) with BCG (Oct. 14) | First approval for BCG-unresponsive, high-grade papillary-only bladder cancer, granted to Altor BioScience; the decision rests on evidence from the earlier carcinoma-in-situ approval | Clinicians gain an option after BCG failure; sponsors await the final guidance on that extrapolation. 10 |
| FDA | Rare Disease Framework Initiative (Oct. 14) | White paper and public docket, FDA-2026-N-12214; about 5% of rare conditions have an approved treatment | Public meeting October 28; comments close December 11, 2026. 11 |
| FDA | Salt substitutes in standardized foods (Oct. 13) | Final rule amending standards of identity that name salt as a required or optional ingredient | Review formulations and labels against the amended standards. 12 |
| FDA | Chromium propionate in poultry feed (Oct. 14) | Final rule allowing chromium propionate for laying hens and breeder chickens, on a petition from Kemin Industries | Comments close November 13, 2026. 13 |
| FDA | Four emergency use authorisations for New World screwworm (Oct. 15) | Products from Elanco, Zoetis, Bimeda and Sergeant's, for prevention or treatment in livestock and pets | Authorisations carry conditions; check the species and dosing limits in each. 14 |
| FDA | Warning letters posted October 13 | Ten letters with issue dates from July 22 to October 6, including Silgan Dispensing Systems, Hanlim Pharm, Lovelace Biomedical Research Institute and Eurofins SF Analytical Laboratories | Screen supplier and contractor lists against the ten names. 15 |
| FDA | Tobacco Products Scientific Advisory Committee (Oct. 15) | Two voting vacancies for physicians, dentists, scientists or health professionals | Nominate through docket FDA-2026-N-11624; the notice sets no closing date. 16 |
| FDA | eCTD 4.0 forward compatibility (Oct. 16) | CDER and CBER will support forward-compatible submissions under eCTD v3.2.2 and v4.0 | Submitters should check that their publishing toolchain carries the newer standard. 17 |
| FTC | REPS & Company Inc. and three executives (Oct. 15) | Suit filed by the Department of Justice in the Southern District of California under the BOTS Act; more than 18.5 million tickets bought across at least 83,500 events, and at least $120.8 million in profit | Civil penalties to be decided by the court. 18 |
| FTC | Digital Forensics Corporation LLC and Dmitry Belkin (Oct. 13) | Suit in the Northern District of Ohio; consumers paid at least $60 million for sextortion assistance that was not provided; a temporary restraining order is in place | Preliminary injunction next; refund exposure runs to every paying customer. 19 |
| FTC | Martin Shkreli (Oct. 13) | Contempt motion by the FTC and seven states over pharmaceutical-stock trading and broadcasts; seeks his trading profits plus escalating sanctions | Hearing on the order to show cause. 20 |
| FTC | Walmart redress (Oct. 15) | More than $9.8 million to 65,022 consumers harmed by fraud carried out over Walmart's wire-transfer service | Cheques cash within 90 days; questions go to Rust Consulting. 21 |
| Date | Item | Action |
|---|---|---|
| Oct. 22, 2026 | FTC proposed consent order with FleetCor Technologies | Comment. 25 |
| Oct. 27, 2026 | SEC Small Business Capital Formation Advisory Committee meeting | Attend, in Washington or by webcast. 9 |
| Oct. 28, 2026 | FDA public meeting on the Rare Disease Framework Initiative | Attend or request to speak. 11 |
| Oct. 30, 2026 | FTC petition for rulemaking of Malik Tony Singleton | Comment. 26 |
| Nov. 9, 2026 | FDA request for information on deceased donor islet cells | Comment. 27 |
| Nov. 13, 2026 | FDA final rule on chromium propionate in poultry feed | Comment. 13 |
| Nov. 14, 2026 | SEC proposed plan of distribution in the Raymond Lawrence Lent matter | Comment. 8 |
| Nov. 15, 2026 | FDA advisory committee consumer representative nominations | Nominate, for first consideration. 28 |
| Nov. 20, 2026 | FDA request for information on ibogaine trial design | Comment. 29 |
| Nov. 23, 2026 | FDA draft guidance on food traceability enforcement policy | Comment. 30 |
| Nov. 24, 2026 | FDA draft guidance on robotically-assisted surgical devices | Comment. 31 |
| Nov. 25, 2026 | FDA public meeting on reauthorisation of the Biosimilar User Fee Act | Comment or attend. 32 |
| Nov. 30, 2026 | FTC Rule on Impersonation of Government and Businesses | Comment. 33 |
| Nov. 30, 2026 | FDA advisory committee scientific and technical member nominations | Nominate, for first consideration. 28 |
| Dec. 4, 2026 | SEC private-market retailisation proposals and accredited-investor designation notices | Comment. 34 |
| Dec. 6, 2026 | FDA public meeting on lot-level food traceability | Comment or attend. 35 |
| Dec. 7, 2026 | FTC and USDA agricultural equipment request for information | Comment. 36 |
| Dec. 7, 2026 | FDA direct final rule on nonclinical testing terminology | Comment on the companion proposed rule. 37 |
| Dec. 11, 2026 | FDA docket on the Rare Disease Framework Initiative | Comment. 11 |
| Dec. 14, 2026 | SEC cross-trading proposal | Comment. 1 |
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