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.
Legal & Regulatory
Regulatory Change Lead the Rising Halibut
Rising halibut catch may lead to regulatory change. Fishermen say stocks are healthier, but the federal government still lists the species as 'overfished.'
Nawaz-Led To Pause Regulatory Authorities
Nawaz-led govt to clip wings of regulatory authorities. In Islamabad, the government is all set to take over the regulatory bodies to end their independence, monitoring and regulation role and transfer them to relevant ministries.
Illinois Company Asks Regulatory OK in FairPoint Merger
Illinois Company is asking for regulatory approval in FairPoint Merger. The Illinois-based company that's buying telephone and internet company FairPoint Communications is preparing to make its first regulatory filings.
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.
Latest News
The absence of strong regulatory governments only strengthens the need for IG investments to enable deals that create wealth. In many respects, the cross-border innovations in how wealth is created, including deals in which digital information is the most substantive asset via data licensing, big data analytics, etc., will succeed or fail based on how well trust is established in the business data.
Labor leaders said after the election they’d give him a chance to deliver on his pro-worker agenda. But the ceasefire appears over.
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.
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.
