Search Results for keywords:"non-compliance consequences"

Found 3 results
Skip to main content

Search Results: keywords:"non-compliance consequences"

  • Type:Notice
    Citation:86 FR 9508
    Reading Time:about 7 minutes

    The Food and Drug Administration (FDA) has released a revised guidance for companies about submitting plans for cigarette packaging and advertising. This update, stemming from a court order, suggests that companies send their plans to the FDA by March 16, 2021, following a change in the effective date of related regulations to January 14, 2022. The guidance is part of the Tobacco Control Act's requirements, ensuring cigarette packages and advertisements carry new warning labels and graphics to inform the public about health risks. The FDA clarifies that this guidance reflects current thinking but is not binding, allowing companies to take different approaches if they meet legal requirements.

    Simple Explanation

    The FDA made new rules to help people understand the dangers of smoking. They want companies to show these rules to them by a certain date, but if companies have a different way to do it that still follows the law, that's okay too.

  • Type:Notice
    Citation:86 FR 7127
    Reading Time:about 3 minutes

    The Securities and Exchange Commission is seeking an extension of a previously approved information collection associated with Form N-17f-1. This form is used to verify that a fund's assets, held by members of national securities exchanges, are properly accounted for with an independent accountant's examination. It is estimated that preparing, reviewing, and filing the form requires 1.5 hours per submission, with each fund submitting it three times per year, resulting in an annual burden of 27 hours for all funds. Comments on this extension request can be submitted to the SEC or through specified online platforms within 30 days of this notice's publication.

    Simple Explanation

    The Securities and Exchange Commission wants to keep using a form that helps check if a fund's money is properly looked after. They ask people to share their thoughts on the form's use, but it's unsure if giving feedback will change anything or how everyone's thoughts will be shared.

  • Type:Notice
    Citation:89 FR 95359
    Reading Time:about 2 minutes

    The Department of Veterans Affairs is seeking public comments on an information collection activity related to student enrollment ratios in educational institutions. Under the Paperwork Reduction Act, they want to ensure that no more than 85% of students in approved programs are receiving financial support from the institution or the VA. This compliance, known as the 85/15 Rule, helps prevent overpayment of VA educational assistance. Comments are open until January 2, 2025, and institutions must periodically submit data to confirm compliance.

    Simple Explanation

    The government wants to make sure that less than 85% of students at certain schools get help paying for school from one place, like the Veterans Affairs. This helps to make sure they don't give out too much money and now, they are asking people to share their thoughts about this plan.