Search Results for keywords:"rule review"

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Search Results: keywords:"rule review"

  • Type:Proposed Rule
    Citation:89 FR 99175
    Reading Time:about 8 minutes

    The Securities and Exchange Commission (SEC) has announced a list of rules they plan to review as part of the Regulatory Flexibility Act. The aim of this review is to determine if these rules should stay the same, be changed, or removed to lessen their economic impact on small businesses. The public is encouraged to provide feedback on these rules by January 9, 2025, to help the SEC make informed decisions. This includes important rulings such as those related to crowdfunding and small business exemptions under securities law.

    Simple Explanation

    The SEC is asking people for their thoughts on some rules to see if they're fair for small businesses. They want to know if the rules should stay the same, change, or go away, and people can share their ideas by January 9, 2025.

  • Type:Proposed Rule
    Citation:86 FR 8326
    Reading Time:about 6 minutes

    The Wage and Hour Division of the Department of Labor is proposing to delay the effective date of the "Independent Contractor Rule" from March 8, 2021, to May 7, 2021. This proposal follows a Presidential directive for a regulatory freeze to allow for further review of new rules. The rule aims to establish a new standard for classifying workers as employees or independent contractors under the Fair Labor Standards Act (FLSA). Public comments on this delay are encouraged and must be submitted by February 24, 2021.

    Simple Explanation

    The Labor Department is thinking about delaying a decision on a rule that tells whether people working are like employees or freelancers (independent contractors). This delay is to make sure the rules are right, and they want to hear what people think before making a final choice.