From August 31 to September 2 in Washington, BIS Update conference is held and many of my colleagues and friends are there. With this timing, very important message was dispatched from President Obama regarding the direction of US Export Control.
For those who wish to know US Export Control, I strongly recommend to read below press release from White House.
"President Obama Lays the Foundation for a New Export Control System To Strengthen National Security and the Competitiveness of Key U.S. Manufacturing and Technology Sectors"
Also, the speech by Assistant Secretary Mr. Kevin Wolf is very comprehensive and indicating the picture how US export control reform will be. I believe trader must read his speech for understanding the new regulation! Don't miss out his very important message.