The firm Morgan Stanley Smith Barney was fined $1.5 million for technical failures including a broken online link, preventing clients from checking fund prospectuses online for nine months.
Legal & Regulatory
Regulatory Costs Stifle Economic Growth
The accumulated regulations over the decades have been blamed for the slow economic growth in the U.S. A recent study revealed that the buildup of regulations have caused higher costs and more complicated decision-making for the firms operating in the economy.
Deregulation Moves Predicted On Donald Trump’s Administration
President-elect Donald Trump has been filling his cabinet with surprising choices. His picks to hold significant positions in the cabinet are known adversaries of the agencies they will hold. Although his choices did not receive wide favorable response, he believes that his cabinet will remove regulations that stifle growth.
Regulations For Okanagan Wine Industry In Favors Wine Makers
The Okanagan wine industry benefits from the regulatory changes that allow wine makers to indicate in the label the sub-region where the wine was produced.
FCC's Pai Urges To Fire Up Regulatory Weed Whacker
For Ajit Pai, it is now time to boost and fire up the Regulatory Weed Whacker. Ajit Pai, the Republican FCC commissioner. who could become interim FCC chair, said the Trump Administration could be an inflection point for the FCC, which under new management (perhaps his) should start asking of every regulation: Does it address a market failure, and if so, does it correct it, and if so, do the benefits of the regulatory solution outweigh the costs.
Latest News
The World Health Organization has prequalified a tool for the quick diagnosis of hepatitis C. Since treatment for hepatitis C has become affordable and available in low and middle-income countries, the organization believes that the prequalification of an effective diagnostic tool will improve the number of patients cured.
An investigation on spread-betting revealed that 82% of users lost money. In response, the Financial Conduct Authority proposed for stricter rules for the industry.
The commission of Maryland had issued a report and recommendation on regulatory reform. Governor Larry Hogan of Maryland, who formed the panel announced his administration will move forward with all 187 recommendations.
There is a new implement EPA rules and a percentage of this have been imposed by the President Obama.
The U.S Research is now finally thinking of slashing the regulatory paper work and will be focusing on eliminating red tape.
The new bill had already unveiled and including how the FDA will benefit from it. The revamped 21st Century Cures bill, unveiled, now appears slated for House and Senate passage before President-elect Donald Trump takes office.
Congressman Tim Walberg introduces three major reform bills for SME and mass American workers. U. S. Rep. Tim Walberg (R-MI) introduced three new regulatory reform bills that seek to provide relief to small businesses and American workers.
The State utility regulator said that this year had been a handful for them. Here is the top 10 that the commision had issued this year.
The Parliment of the United Kingdom adopts A Terrifying And New 'Big Brother' Law. UK Parliament has passed a terrifying new surveillance law that will let the government access the web browsing history of anyone in the country.
