Search Results for keywords:"Legal compliance"

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Search Results: keywords:"Legal compliance"

  • Type:Rule
    Citation:90 FR 8111
    Reading Time:about 8 minutes

    The Commodity Futures Trading Commission (CFTC) is updating the rules for civil monetary penalties under the Commodity Exchange Act to account for inflation, as required by the Federal Civil Penalties Inflation Adjustment Act. This update adjusts the maximum fines for violations based on the change in the Consumer Price Index. The new penalties will apply to violations assessed after January 15, 2025. This rule aims to ensure penalties remain effective as deterrents over time and doesn’t require the standard notice and comment process normally needed for new regulations.

    Simple Explanation

    The CFTC is making sure the fines for breaking rules keep up with inflation, like how things cost more over time, to make sure they still work as punishments. Starting January 15, 2025, the new, higher fines will be used.

  • Type:Notice
    Citation:86 FR 8799
    Reading Time:about 4 minutes

    Boston University has completed an inventory of human remains and related objects and determined a cultural connection to current Indian Tribes and Native Hawaiian organizations. The remains were originally collected from the St. Johns River in Florida before 1936. Anyone from tribes not mentioned in the notice who wants to request control of these remains should contact the university by March 11, 2021. If no additional claims are made, the remains will be transferred to the identified tribes.

    Simple Explanation

    Boston University found some bones from a long time ago that belong to certain Native American tribes. They checked to see who they should give the bones back to, and if no one else asks for them by a certain date, they will return them to the right tribes.