Search Results for citation:"86 FR 8686"

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Search Results: citation:"86 FR 8686"

  • Type:Rule
    Citation:86 FR 8686
    Reading Time:less than a minute

    The Securities and Exchange Commission (SEC) has issued a final rule to make technical corrections to prior amendments about auditor independence requirements. These amendments, originally adopted in October 2020, had certain errors that are being fixed. Specifically, the SEC is correcting a citation in their instructions regarding a section of the auditor independence requirements. These changes are set to become effective on June 9, 2021.

    Simple Explanation

    The Securities and Exchange Commission (SEC) found a small mistake in a rule they made about what makes someone an independent auditor. They are fixing this mistake so the rules are correct, and this fix will start being used in June 2021.

  • Type:Rule
    Citation:86 FR 8686
    Reading Time:about 2 minutes

    The Office of Workers' Compensation Programs (OWCP) is withdrawing a direct final rule published on December 14, 2020, which proposed changes to regulations on electronic filing, settlements, and penalties under the Longshore and Harbor Workers' Compensation Act. This action aligns with a January 20, 2021, memorandum from the Assistant to the President and Chief of Staff aiming for a regulatory review by the new administration. The withdrawal provides the administration time for assessment and may invite further public comments later.

    Simple Explanation

    The Office of Workers' Compensation Programs had a new rule to change how some workers' paperwork is handled, but they decided to wait and think about it some more because the new President asked them to check it again.