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How a new agency rule would hurt small businesses
How a new company rule would harm compact companies Dec 9, 2022 by Austen Bannan On December 7, Individuals for Prosperity Basis, People for Prosperity’s sister organization, submitted a public comment opposing a new Nationwide Labor Relations Board joint employer rule that threatens the livelihoods of compact enterprise proprietors throughout The usa. Numerous company house owners, staff, corporations, and leaders have shared opposition to the rule, which include a bipartisan coalition of U.S. Senators in a letter to the Biden Administration that integrated Senators Mike Braun, Joe Manchin, James Lankford, Angus King, Kyrsten Sinema, and Susan Collins. If implemented, the rule would enable the NLRB to impose joint employer standing…
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FTC Explores Changes, Possible Expansion of Its Business Opportunity Rule
The Federal Trade Fee is discovering adjustments to the Business enterprise Chance Rule, looking for remark from the general public on the rule’s effectiveness and a probable growth to the rule to cover other kinds of income-making options, these kinds of as coaching or mentoring programs, e-commerce possibilities, or financial commitment options. “The Fee is well prepared to use every single resource to make certain that providers can’t prey on customers with phony funds-earning options,” claimed Samuel Levine, Director of the Bureau of Customer Security. “One important device is our Organization Prospect Rule, and we want to hear from the community on how we can enhance it.” The FTC is…
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PFAS Rule to Cost Many Millions More, EPA Analysis Finds (1)
Businesses would fork out hundreds of tens of millions of pounds more to report their generation of PFAS and importation of items produced with the chemicals than the EPA initially approximated, according to a revised economic examination the agency will publish Friday. Tiny companies would be expected to pay $863.5 million somewhat than $1.8 million to report yrs of production and importation details that the Environmental Safety Company would require less than a rule (RIN 2070-AK67) it proposed in 2021. The rule would impose $875 million as a substitute of the $10.8 million the EPA beforehand approximated for social prices that shoppers ultimately would fork out, the up to date…
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How the Supreme Court Could Rule on Student Loan Forgiveness
The U.S. Supreme Court docket is making ready to weigh in on the authorized struggle around President Biden’s university student financial loan forgiveness plan, which is now blocked by two various rulings. But, legal industry experts say that even if the court sides with the Biden Administration, there are continue to legal hurdles that will hold off relief for debtors. In a submitting on Friday, Solicitor Common Elizabeth Prelogar requested the Supreme Court docket to vacate a nationwide injunction on the personal debt-forgiveness plan or “set the circumstance for expedited briefing and argument this Time period to avoid prolonging this uncertainty for the millions of impacted debtors.” In the meantime,…
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Next Stop on the FTC’s Rulemaking Train: Proposed Revisions to the Business Opportunity Rule
In today’s open up meeting, the FTC voted unanimously to concern an Advance Discover of Proposed Rulemaking (ANPR) thinking of expansions to and revisions of the FTC’s present Company Possibility Rule (“BOR”). This will be the initial overview of the BOR since it was promulgated back again in December 2011. In her assertion announcing the ANPR, Chair Khan indicated that “[t]he rule experienced served the general public perfectly above the several years,” but “several kinds of frauds . . . fall outside the scope of the existing rule, [including] specific sorts of enterprise coaching and do the job-from-property courses, investment programs, and e-commerce alternatives.” In a common chorus in the…
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FTC Proposes New Rule to Combat Government and Business Impersonation Scams
The Federal Trade Fee has proposed a rule to battle federal government and small business impersonation scams—a perennial scourge that has cost customers hundreds of millions of bucks around the past five a long time. The proposed rule would codify the effectively-recognized theory that impersonation cons violate the FTC Act, as do these who provide impersonators with the signifies to harm buyers. The proposed rule would allow for the Fee to get better cash from, or seek civil penalties from, scammers who hurt people in violation of the rule. “The proposed rule will grow the Commission’s toolkit to combat the substantial damage prompted by governing administration and enterprise impersonation frauds,” explained…
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