NHTSA Adopts Rule Requiring Automatic Emergency Braking on Light Vehicles
On May 9, 2024, the National Highway Traffic Safety Administration (NHTSA) published a final rule adopting a Federal Motor Vehicle Safety Standard (FMVSS) that requires automatic emergency braking (AEB) systems in U.S. light vehicles and trucks by September 2029. The rule is required under the Bipartisan Infrastructure Law of 2021 (BIL), in which Congress directed NHTSA to establish FMVSS requirements for AEB systems as well as three other Level 2 advanced driver assistance systems (ADAS): lane departure warnings, lane-keeping assist, and forward collision warnings (FCW).
SEC Brings First Enforcement Action Over ESG Disclosures
In late April, the U.S. Securities and Exchange Commission (SEC) brought its first enforcement action over alleged false and misleading claims made in a mining company’s environmental, social, and governance (ESG) disclosures. The complaint relates to the 2019 collapse of the company’s dam that injured hundreds and released 12 million tons of mining waste into the environment. (more…)
