News bites: Self-regulation of financial markets in question

The Food and Drug Administration (FDA) issued a warning to a California-based seafood importer over possible violations of Hazard Analysis and Critical Control Point (HACCP) regulations, Food Safety News reports. 

Investors, including the Winklevoss twins, are pouring money into Bitcoins, as regulators eye the virtual currency, according to Bloomberg.

Now on RegWatch:

Senate Republicans accused the Obama administration of being less than forthcoming about Environmental Protection Agency guidance involving plans to regulate small bodies of water.

The Office of Government Ethics (OGE) issued a final rule expanding the “cooling off” period to additional high-ranking positions at the SEC.

Consumers Union urged the Consumer Financial Protection Bureau (CFPB) to crack down on credit cards with deferred interest rates.

GOP lawmakers signaled opposition to the renewal of a controversial tax credit for wind farms.

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