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Civilian/News
C. Dabney O’Riordan Appointed Co-Chief of SEC Asset Management Unit
by Ramona Adams
Published on July 1, 2016
C. Dabney O’Riordan Appointed Co-Chief of SEC Asset Management Unit


Securities and Exchange CommissionC. Dabney O’Riordan — an associate regional director at the Securities and Exchange Commission‘s Los Angeles Regional Office – has been appointed as co-chief of the asset management unit within SEC’s division of enforcement.

SEC said Tuesday O’Riordan will work alongside co-chief Anthony Kelly to lead the unit’s mission to apprehend misconduct of investment advisers, investment companies and private funds.

“Dabney’s excellent judgment, deep knowledge of the laws and rules governing the asset management industry, and strong leadership skills position her perfectly to co-lead the nationwide Asset Management Unit,” said Andrew Ceresney, SEC enforcement division director.

“I am confident that she and her co-chief, Anthony, will be great partners in the unit’s mission and the SEC’s efforts to root out misconduct in the asset management industry.”

In the division of enforcement, O’Riordan previously served as assistant director, counsel to the enforcement division director and staff attorney.

O’Riordan also worked as litigation associate at Munger, Tolles & Olson and as a law clerk to the David Thompson on the U.S. Court of Appeals for the Ninth Circuit.

At SEC, she has investigated or supervised enforcement cases on misconduct in the asset management industry such as advisers who misallocated private fund expenses.

O’Riordan has also supervised investigations on charges against gatekeepers.

DoD/News
DoDBuzz: Navy, USMC to Deploy Marine Expeditionary Unit For Asia Pacific Patrol Missions
by Ramona Adams
Published on July 1, 2016
DoDBuzz: Navy, USMC to Deploy Marine Expeditionary Unit For Asia Pacific Patrol Missions

AmphibiousTransportDockLt. Gen. John Wissler, head of the Marine Corps Forces Command, said the U.S. Navy and U.S. Marine Corps have committed to deploy a marine expeditionary unit to the Asia Pacific to patrol the region, DoDBuzz reported Wednesday.

Hope Hodge Seck writes the commitment is part of the services’ plan to position an amphibious ready group with three ships and approximately 2,500 marines and sailors in the Pacific by 2019.

Wissler said during a discussion at the Center for Strategic and International Studies that the amphibious group will build on the capacity of homeported ships in Japan and conduct multiple 90-day patrols in and around the Asia Pacific.

The commander added the deployment strategy primarily aims to establish additional presence in southern Asia, Seck reported.

Civilian/News
NASA Rewards 9 Informal Learning Institutions Grant to Inspire Next-Gen Scientists, Innovators
by Dominique Stump
Published on July 1, 2016
NASA Rewards 9 Informal Learning Institutions Grant to Inspire Next-Gen Scientists, Innovators


NASA Rewards 9 Informal Learning Institutions Grant to Inspire Next-Gen Scientists, InnovatorsNASA has selected nine informal education organizations across seven states to receive grants with a total worth of $10 million in an effort to inspire the next generation of scientists, innovators and explorers.

The nine organizations were chosen out of 73 applications for NASA’s Competitive Program for Science Museums, Planetariums and NASA Visitor Centers Plus Other Opportunities for their proposed projects ranging from botanical experiments with a focus on food growth in space, hands-on aviation exhibits, technology challenges with caves as stand-ins for other planets and a traveling exhibit on Earth’s extreme environments, NASA said Friday.

The selected institutions will work with other organizations, including museums, K-12 and higher education institutions and NASA’s Museum Alliance to create the exhibits with the goal to increase science literacy and inspire youths to take up a career within the fields of science, technology, engineering and math.

NASA added that the projects are each valued between $420,000 to $1.25 million.

“NASA’s investment in education is directly linked to inspiring the next generation of explorers and innovators,” said Donald James, NASA’s office of education associate administrator.

Hands-on interactive educational activities help to engage students, educators and families, as well as increase the general public interest in science and technology, he said.

The winners of the grant are as follows:

  • DNC Parks & Resorts at KSC, Inc.
  • Fairchild Tropical Botanical Gardens
  • Orlando Science Center
  • Museum of Aviation
  • Exploration Place
  • Museum of Science
  • The Sciencenter
  • Nurture Nature Center
  • Wex Foundation

 

News
GAO Asks IRS to Document IT Funding Priority Processes
by Jay Clemens
Published on July 1, 2016
GAO Asks IRS to Document IT Funding Priority Processes


recordThe Government Accountability Office has called on the Internal Revenue Service to document how IRS prioritizes information technology funding and change its investment performance information reporting.

The GAO said Wednesday it has examined the IRS’ process for determining the service’s fiscal year 2016 funding priorities and assessed performance information for six selected investments for fiscal year 2015 and the first quarter of 2016.

The government watchdog found that IRS lacked a full documentation for the way it developed a structured process for operational fund allocation due to what IRS officials described as a new nature of the process.

The information technology investment priorities IRS developed for fiscal year 2016 supports operations and modernization.

GAO also discovered that IRS did not apply the necessary standards for determining scope delivered for two out of six investments reviewed such as the Foreign Account Tax Compliance Act and Return Review Program.

Two of the other IRS’ investments also failed to report data on planned versus actual delivery of scope, according to GAO.

Civilian/News
ODNI Report: Eligibility for Federal Gov’t Security Clearances Fell 6% in FY 2015
by Jane Edwards
Published on July 1, 2016
ODNI Report: Eligibility for Federal Gov’t Security Clearances Fell 6% in FY 2015


Office of the Director of National Intelligence ODNIA new Office of the Director of National Intelligence report has found a 5.9 percent decline in the number of federal government employees and contractors who were eligible for a security clearance in fiscal year 2015.

ODNI said in the report that there were 4,249,053 security clearance-eligible individuals in October 2015, compared with 4,514,576 in October 2014.

According to the report, federal agencies saw a 2.1 percent drop in the number of individuals who were eligible to hold a security clearance as well as gain access to classified information between October 2014 and October 2015.

The agency also found that the number of people who were entitled to a security clearance but were not allowed to access confidential data decreased by 203,449 from FY 2014 to FY 2015, showing a 12.8 percent decline.

The document also noted that such reductions in clearance eligibility were associated with the Defense Department’s efforts to implement several data quality initiatives.

ODNI prepared the 2015 Report on Security Clearance Determinations in compliance with the FY 2010 Intelligence Authorization Act.

The special security directorate under ODNI’s national counterintelligence and security center collected and processed data from DoD’s Joint Personnel Adjudication System, Office of Personnel Management’s Central Verification System and ODNI’s Scattered Castles repository in order to determine the security volume levels for government employees and contractors.

DoD/News
Rep. Adam Smith: Top-Line Budget Would Be a ‘Contentious Issue’ as Senate, House Reconcile FY 2017 Defense Policy Bills
by Jane Edwards
Published on July 1, 2016
Rep. Adam Smith: Top-Line Budget Would Be a ‘Contentious Issue’ as Senate, House Reconcile FY 2017 Defense Policy Bills


Adam Smith
Adam Smith

Rep. Adam Smith (D-Washington), House Armed Services Committee ranking member, has said the top-line budget for the fiscal year 2017 defense policy bill would be the “contentious issue” as the Senate and House reconcile their versions of the bill.

Smith told Defense News reporter Joe Gould in an interview published Thursday that both chambers of Congress would debate on a House-approved measure that aims to move $18 billion from overseas contingency operations funds to base budget.

“The second biggest thing is the end-strength number,” he said.

“Prohibitions that reduce the size of the Army and the Marine Corps are things that could lead to a presidential veto, and if the budget caps come back, you have to be prepared for it [with a gradual drawdown].”

Smith also shared his views on base realignment and closures, the Long Range Stand Off Weapon program, the possibility of a temporary continuing resolution and the potential implications of U.K.’s decision to leave the European Union for NATO and U.S. national security.

News
University of Michigan Receives DoD Grant to Implement Diversification Programs in 3 U.S. States
by Ramona Adams
Published on July 1, 2016
University of Michigan Receives DoD Grant to Implement Diversification Programs in 3 U.S. States


chart moneyThe Defense Department has awarded an $8 million grant to the University of Michigan’s Institute for Research on Labor, Employment and the Economy to help companies and communities affected by DoD downsizing efforts in three U.S. states.

The funds will support the university-run Defense Manufacturing Assistance Program that aims to help as many as 72 communities and companies across Michigan, Ohio and Indiana to attract new business and retain existing businesses, the university said Wednesday.

“All of us at DMAP are excited about expanding our capacity to assist additional companies and communities through our resiliency and diversification projects,” said Megan Reichert, DMAP project director.

The University of Michigan operates DMAP with Purdue University and Ohio State University and the DoD grant will help the universities establish partnerships with regional defense industry research institutions to support the defense supply chain.

DMAP works to evaluate the financial health and market placement of a company or a community and assist them in efforts to implement diversification plans.

Civilian/News
Senate Commerce Committee OKs Jobs & Economic Bills; Peggy Gustafson, Michael Khouri Nominations Advance
by Scott Nicholas
Published on July 1, 2016
Senate Commerce Committee OKs Jobs & Economic Bills; Peggy Gustafson, Michael Khouri Nominations Advance


senateThe Senate Commerce Committee has approved 10 bills as well as the nominations of Peggy Gustafson as the Commerce Department‘s Inspector general and the reappointment of Federal Maritime Commissioner Michael Khouri.

The committee said Wednesday it advanced the American Innovation and Competitiveness Act that works to maximize science research through new agency oversight and research dissemination strategies as well as a reform on federal science agencies to help taxpayer-funded research.

Bills approved by voice vote included:

  • The American Innovation and Competitiveness Act
  • Improving Rural Call Quality and Reliability Act of 2015
  • Securing Access to Networks in Disasters Act of 2016
  • Deadline for Compliance with Alternative Safety Compliance Program
  • American Fisheries Advisory Committee Act
  • Marine Mammal Research and Response Act of 2016
  • The Outdoor Recreation Jobs and Economic Impact Act of 2015
  • Access for Sportfishing Act of 2016
  • A bill to reauthorize and amend the Marine Debris Act to promote international action to reduce marine debris and for other purposes
  • A bill to amend title 46 of the United States Code to exempt old vessels from certain requirements if improvements made

DoD/News
CBO: Implementation of New DHS NPPD Name Would Not Affect Gov’t Budget
by Ramona Adams
Published on July 1, 2016
CBO: Implementation of New DHS NPPD Name Would Not Affect Gov’t Budget


budget analysis reviewThe Congressional Budget Office has said the enactment of a bill to rename the Department of Homeland Security‘s National Protection and Programs Directorate as the Cybersecurity and Infrastructure Protection Agency would not have what analysts called a “significant effect” on federal budget.

CBO said in a cost estimate report published Wednesday the Cybersecurity and Infrastructure Protection Agency Act of 2016 primarily codifies DHS’ reorganization efforts for NPPD and would not lead to new operating requirements.

That bill would not impact direct spending or revenues and would not increase net direct spending or on-budget deficits through four consecutive 10-year periods from 2027 onward, CBO added.

CBO says stated the bill does not include intergovernmental or private-sector mandates and would not impose costs on state, local or tribal governments.

The bill also authorizes DHS to create cybersecurity and infrastructure protection divisions to carry out certain missions of NPPD, CBO noted.

News
NIST Seeks to Measure Greenhouse Gas Emissions Through Atmospheric Observation-Based Methods
by Jane Edwards
Published on July 1, 2016
NIST Seeks to Measure Greenhouse Gas Emissions Through Atmospheric Observation-Based Methods


green earth, environmentThe National Institute of Standards and Technology has started to develop tools and methods designed to measure greenhouse gas emissions based on atmospheric observations.

James Whetstone, special assistant to the NIST director for greenhouse gas and climate science measurements, wrote in a blog published Thursday that NIST has set up three urban test beds to measure GHG emissions.

These urban test beds are the Northeast Corridor Project, Los Angeles Megacity Carbon Project and the Indianapolis Flux Experiment.

The agency will use these test beds to carry out research projects to facilitate air sampling activities onboard aircraft as well as on buildings and towers and merge the data collected through aerial sampling with atmospheric models in an effort to help scientists predict the flow of GHG emissions that pass through the atmosphere and determine specific sources of those emissions.

“In the future, satellite observations will play a larger role in measuring GHG emissions,” Whetstone wrote.

“As that happens, urban measurements will provide ground-truthing data for calibrating satellite measurements.”

NIST collaborates with earth systems and atmospheric research laboratories within the National Oceanic and Atmospheric Administration’s office of oceanic and atmospheric research as part of the Greenhouse Gas and Climate Science Measurements Program.

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