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.
Legal & Regulatory
Federal Court Rejects Appeal To Delay Fiduciary Rule
NAFA's bid to delay the implementation deadline of the fiduciary rule has been defeated after the federal court rejected the group's request. The new regulation has been opposed by many industry members, but the Department of Labor has also been active in defending the matter in several courts.
First Ever Ascent Position Paper Exhibits Robo Advice Regulatory Issues
First Ascent Position Paper Explores Robo Advice Regulatory Issues The core question in a new position paper released today by First Ascent Asset Management.
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.
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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.
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.
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.
