Skip to main content

Search Results: keywords:"public comment period"

  • The S. CON. RES. 40 proposes new congressional oversight to improve regulatory reforms. It aims to establish a Joint Select Committee on Regulatory Reform to review how rules are made by federal agencies, suggest reducing unnecessary regulations, and recommend legislative...

    Simple Explanation

    The S. CON. RES. 40 wants to make sure the rules made by the government are good for people and the economy by having a special group of Congress members check them carefully, like how a teacher might check a student's homework to make sure it's done right and fair. This group will have the power to ask for a lot of information and even call important meetings to find the best ways to make rules that don't cause problems or waste money.

  • The SEC Reform and Restructuring Act aims to enhance securities laws in the United States. It includes measures for the SEC to evaluate the costs and benefits of its regulations, requires periodic reviews of final rules, and mandates regular reports to Congress about its...

    Simple Explanation

    The SEC Reform and Restructuring Act is a plan to make the rules about buying and selling company shares better. It wants the SEC, which makes sure things are fair and safe, to tell others what it’s doing and check its rules often to keep everything working well.

  • H. R. 8255 aims to establish a minimum public comment period for the Securities and Exchange Commission's proposed rules. The bill mandates that a 60-day public comment period is required for proposed rules, but this can be reduced to 30 days if the Commission determines the...

    Simple Explanation

    H. R. 8255 wants to make sure people have enough time to give their thoughts on new rules by the U.S. Securities and Exchange Commission. Usually, people get 60 days to comment, but if something super important needs quick action to protect investors, they might only get 30 days, and public holidays don't count in this time.

  • H. R. 7101, also known as the "FTC REDO Act," aims to impose specific requirements on the Federal Trade Commission (FTC) concerning its rules on automotive retailing. The bill proposes to rescind a particular rule about "Combating Auto Retail Scams" and requires the FTC to...

    Simple Explanation

    H. R. 7101 wants the Federal Trade Commission (FTC) to be extra careful and do lots of research before making new rules about car selling, so everyone selling cars plays fair and no rules make things too hard for buyers or sellers.

  • S. 3538, also known as the "Close the Shadow Banking Loophole Act," aims to regulate industrial banks' applications for deposit insurance submitted to the Federal Deposit Insurance Corporation (FDIC). The bill introduces stricter conditions for industrial banks' deposit insurance applications...

    Simple Explanation

    The bill wants to make sure that special banks called industrial banks follow strict rules if they want to keep people's money safe with insurance. It also wants to double-check that the big companies in charge of these banks are making smart and safe choices.