Search Results for keywords:"Legal Compliance"

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Search Results: keywords:"Legal Compliance"

  • Type:Notice
    Citation:86 FR 12034
    Reading Time:about 2 minutes

    The Drug Enforcement Administration (DEA) has announced that Cosmic Light LLC, located in Boulder, Colorado, has applied to become a registered bulk manufacturer of marihuana, classified as a Schedule I controlled substance. This registration would allow them to produce bulk materials needed to develop pharmaceutical products for research purposes. Interested parties have until April 30, 2021, to submit comments or objections regarding this application. The DEA will review this application following its established regulations to ensure compliance and prevent misuse.

    Simple Explanation

    The government is thinking about letting a company called Cosmic Light make a special kind of plant called marihuana, which is usually not allowed, so that scientists can use it to help study and maybe make medicine. They are asking people to tell them if they think it's a good or bad idea before the end of April 2021.

  • Type:Rule
    Citation:89 FR 106277
    Reading Time:about 36 minutes

    The Consumer Financial Protection Bureau (CFPB) issued a circular addressing whether credit card issuers or their partners can violate the law by lowering the value of rewards or making it hard for consumers to redeem them. According to the CFPB, such actions might be unfair, deceptive, or abusive, especially if rewards are reduced, canceled, or denied due to unclear conditions. The circular also warns that technical issues affecting the redemption of rewards could be considered unlawful. This guidance aims to ensure that financial practices are fair and transparent for consumers.

    Simple Explanation

    The CFPB says that companies giving credit card rewards shouldn't make it tricky for people to use their rewards, because that's unfair and sneaky. They want to make sure that people get what they were promised when they save up points.

  • Type:Rule
    Citation:90 FR 1
    Reading Time:about 29 minutes

    The Department of Homeland Security (DHS) issued a final rule to adjust civil monetary penalties for inflation, effective January 2, 2025. These adjustments are in line with the Federal Civil Penalties Inflation Adjustment Act Improvements Act of 2015 and guidance from the Office of Management and Budget. This rule increases penalty amounts for violations occurring after November 2, 2015, and applies to various DHS components like the U.S. Customs and Border Protection, U.S. Immigration and Customs Enforcement, and the Coast Guard. The updated penalty amounts are designed to maintain their deterrent effect and comply with mandatory legislative requirements.

    Simple Explanation

    The government is making sure that the fines people have to pay for breaking certain rules keep up with price changes, so they still work as a warning to not break the rules. This means if someone does something wrong, like breaking a law, after a certain date, they might have to pay more money as a penalty.

  • Type:Notice
    Citation:86 FR 11381
    Reading Time:about 23 minutes

    The Department of the Treasury has proposed a new system of records titled "Health Screening and Contact Tracing Records" to track individuals who have been infected with or exposed to communicable diseases while at Treasury facilities or events. This system, established under the Privacy Act of 1974, aims to protect the health of Treasury personnel and visitors by collecting necessary information for health screening and contact tracing. Treasury will use these records to comply with health and safety regulations, respond to public health emergencies, and reduce the transmission of infectious diseases. Personal information, including health data, may be shared with relevant authorities for public health purposes while maintaining privacy safeguards.

    Simple Explanation

    The people who work at a place called the Treasury want to keep everyone safe from getting sick, so they're planning to keep track of people who might have caught or been near someone with a sickness when visiting. They promise to be careful with the information they collect and only share it when they really need to, but some people are curious about how they'll protect this info and how long they'll keep it.

  • Type:Rule
    Citation:89 FR 96089
    Reading Time:about 27 minutes

    The U.S. Small Business Administration (SBA) has issued a final rule updating regulations for the Women-Owned Small Business (WOSB) Federal Contract Program. This rule introduces new definitions, aligns regulations with current laws, and standardizes language across SBA's contracting programs to clarify control and employment requirements. Additionally, it modifies how SBA reviews certification applications and encourages consistency in regulation across various government contracting programs. These updates aim to reduce confusion and streamline processes without significantly impacting small businesses economically.

    Simple Explanation

    The SBA updated rules to help women-owned small businesses get government work. They made some terms easier to understand and tried to make the rules clear, like cleaning up an old toy box so everything is easier to find and play with!

  • Type:Presidential Document
    Citation:90 FR 10583
    Reading Time:about 5 minutes

    The Executive Order titled "Ensuring Lawful Governance and Implementing the President's 'Department of Government Efficiency' Deregulatory Initiative" seeks to review and potentially rescind federal regulations that are unconstitutional, poorly justified by laws, or hinder the national interest. It mandates federal agencies to assess their regulations for legality and alignment with administration goals, especially focusing on reducing unnecessary burdens and promoting innovation. Agencies will then report these assessments and potentially modify regulations. This order does not affect national security, foreign affairs, or employee management and does not create legal rights against the government.

    Simple Explanation

    The government wants to check its rules to make sure they are really needed and not too confusing, but it's important that they don't make changes too quickly or without thinking about how it might cause problems.