The US Supreme Court has closed a huge loophole that had opened up in the definition of insider trading.
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At the request of the SBA in 2015, the Workplace of the Chief Economist, at the U.S. Department of Commerce, performed a new study on the Women-Owned Little Business (WOSB) Federal Contracting Plan. The study reevaluated the North American Business Classification Method (NAICS) industry groups in which WOSBs are underrepresented and substantially underrepresented in Federal contracting. As a result of the study, the SBA has determined modifications will be implemented to the WOSB Federal Contracting Plan. These changes will supply expanded possibilities for WOSBs to pursue set-aside and sole source federal contracts.
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