Search Results for keywords:"legal compliance"

The Federal Trade Commission (FTC) has reached a proposed consent agreement with Tapjoy, Inc. to resolve allegations of deceitful practices in its mobile gaming advertising platform. The FTC claims Tapjoy misled consumers by promoting false offers of in-app rewards that were often not delivered, causing harm to both gamers and game developers. The proposed order requires Tapjoy to prevent such deceptive practices by ensuring accurate reward representations and providing a clear method for consumers to report issues. The Commission has invited public comments on this proposal until February 12, 2021.

The Department of Labor is proposing changes to rules regarding filing and service in proceedings involving the Administrative Review Board. The new rules aim to make electronic filing (e-filing) and electronic service (e-service) mandatory for attorneys and representatives, while self-represented individuals will have the choice of using electronic or traditional methods. The proposed changes include updates to existing regulations, aiming for improved efficiency and reduced processing time by transitioning to electronic case files. Public comments on the proposed rulemaking are being solicited until February 10, 2021.

The Federal Reserve Board is updating its rules to adjust the fines known as civil money penalties for inflation, as required by the Federal Civil Penalties Inflation Adjustment Act Improvements Act of 2015. This adjustment ensures that penalties retain their deterrent effect by accounting for changes in the economy. The new penalty amounts will apply starting January 13, 2025, for violations occurring after November 2, 2015. The rule is implemented without the usual notice and comment process because of specific provisions in the law.

In Executive Order 14216, the President addresses the issue of infertility, which affects many couples in the United States. The order emphasizes the importance of providing affordable and accessible in vitro fertilization (IVF) treatments to help families overcome fertility challenges. It directs the Assistant to the President for Domestic Policy to recommend strategies for reducing the costs associated with IVF and ensuring easier access. The order aims to support family formation while acknowledging legal and budgetary limitations.

The Federal Communications Commission's Enforcement Bureau has suspended Issa Asad from the federal Lifeline program and other federal universal service support mechanisms due to fraud. Asad, the CEO of Q Link Wireless, admitted to defrauding the Lifeline program by submitting false claims, leading to him and his company benefiting unlawfully. Following his conviction, the Bureau will begin proceedings to debar Asad from future participation in these programs for at least three years. Anyone wishing to oppose this suspension can submit documentation within 30 days of receiving the notification.

The Commodity Futures Trading Commission (CFTC) has issued a final rule to adjust the maximum amount of civil monetary penalties (CMPs) for inflation under the Commodity Exchange Act (CEA). This annual adjustment is required by the Federal Civil Penalties Inflation Adjustment Act of 1990, as amended, and ensures that penalties maintain their deterrent effect over time. The rule applies to penalties assessed after January 15, 2021, and is based on the percentage change in the Consumer Price Index. This adjustment process is exempt from the typical notice and comment procedures under the Administrative Procedure Act.

The Drug Enforcement Administration (DEA) has revoked the DEA registration of Xubex Community Pharmacy in Casselberry, Florida. This decision was made because the pharmacy dispensed controlled substances, specifically Schedule II drugs like oxycodone and hydromorphone, without prescriptions. The DEA considered these actions a threat to public health and safety, demonstrating that the pharmacy cannot be trusted to comply with legal requirements. Furthermore, the pharmacy did not request a hearing to dispute these conclusions, leading to the default revocation of its registration.

The Department of Labor is asking for public comments on an information collection request related to safety standards in shipyard work. This request is being reviewed for approval by the Office of Management and Budget as part of the Paperwork Reduction Act process. They aim to minimize the paperwork burden while ensuring the safety requirements are useful and effective. The deadline for submitting comments is February 21, 2025, and they are encouraging feedback on ways to improve the information collection process.

The Securities and Exchange Commission (SEC) has asked the Office of Management and Budget (OMB) for an extension to collect information related to Rule 30b1-8 and Form N-CR. This rule requires money market funds to report important events to the SEC, which helps them oversee these funds and keep investors informed. The reporting process is estimated to take about 8.5 hours and cost $1018.5 per report, with six reports expected annually. Public comments on this information collection are invited and should be submitted within 30 days of the notice's publication.

The Internal Revenue Service (IRS) has issued final regulations to address uncertainties regarding the supervisory approval of penalties. These rules are meant to clarify when and how the IRS must obtain supervisor approval for penalty assessments, ensuring penalties are imposed correctly and consistently. Public comments were reviewed, but proposed changes to the timing and definitions related to these approvals were not adopted, as they conflicted with existing laws and policies. The rules will take effect on December 23, 2024, and are designed to prevent improper use of penalties while making the process more transparent for taxpayers.