Sentences with phrase «federal regulators acted»

Federal regulators acted in part because they believed short - term coverage had been «adversely impacting the risk pool» in the individual market.

Not exact matches

That state's powerful regulator, the California Air Resources Board (CARB), given extraordinary powers under the federal Clean Air Act, led the U.S. to adopt stringent NOx restrictions.

The Marijuana Business Access to Banking Act would prohibit any federal banking regulator from «prohibiting, penalizing or otherwise discouraging a depository institution from providing financial services to a marijuana - related legitimate business.»

Health insurance companies are exploring new ways to diversify their revenues with acquisitions in acute care after federal regulators blocked two major mergers in the sector, and insurance exchanges set up under the Affordable Care Act, popularly known as Obamacare, came under pressure from Republicans.

Even with the act's regulations in place, there will probably be lingering questions about whether crowdfunding sites are serving merely as information portals or as securities broker - dealers that must register with federal regulators.

While OCC remains the prudential regulator for all national banks and federal savings associations, July 21, 2011, marked the anniversary of the Dodd - Frank Consumer Protection and Wall Street Reform Act.

Practically every company that goes public these days first files to do so under the JOBS Act, a federal law which gives companies that meet certain criteria the ability to file confidentially while regulators at the U.S. Securities and Exchange Commission review its documents without subjecting them to public scrutiny.

Idaho's governor and chief insurance regulator met with top federal health care authorities, hoping to make their case for why Idaho health insurers should be allowed to sell plans that don't comply with the Affordable Care Act.

Even if regulators do not act, when a presale results in nothing more than profits for its promoter, a disgruntled investor will inevitably make a private securities fraud claim to try and claw back some of their capital; assuming a court will determine a presale of digital tokens to be a private placement of securities, any such federal claim would fall under Rule 10b - 5.

Despite its obvious importance, federal policy makers and regulators still have not affirmed or promulgated a view of the «Best Interest» standard as drawn from the Advisers Act and common law.

That Act would further restrict the Fed's 13 (3) lending operations by requiring that they be approved by at least two - thirds of the FOMC (as opposed to the present 5 - member requirement); by disallowing the use of equity as collateral for 13 (3) loans; by requiring that loans be approved not only by the Federal Reserve Board but by all Federal banking regulators having jurisdiction over the prospective borrowers; and by allowing emergency lending to be extended beyond a term of 30 days only by means of a joint resolution approved by Congress.

The FDA Food Safety Modernization Act (FSMA) was created in 2011 to reinforce the U.S. food safety standards by shifting the focus of federal regulators on preventing contamination instead of just reacting to the problem after it has already happened.

President Donald Trump took aim Tuesday at a rule that outlines the reach of the Clean Water Act, saying the rule was a «massive power grab» by federal regulators.

The U.S. environmental regulator argued in court on Tuesday that its rule limiting mercury and hazardous air pollutants is «appropriate and necessary,» not an improper interpretation of the federal Clean Air Act as industry groups and some states contend.

Federal regulators have sued Navient, accusing the biggest U.S. student loan company of making it harder for borrowers to repay loans by giving them bad information, processing payments incorrectly and failing to act on complaints.

-- A report from the federal consumer financial regulator says the CARD Act has cut gotcha - type fees, but other problems continue, and need to be addressed... (See CARD Act report)

Some regulators privately concede that the piggybacking schemes are exploiting a loophole in the federal Equal Credit Opportunity Act.

Mike Bober, president of the Pet Industry Joint Advisory Council, urged a USDA investigation of the practice: «Federal regulators should require all organizations that operate as pet dealers under the Animal Welfare Act (AWA) be licensed as such.»

The DOE proposal asks FERC to act within 60 days, but the federal regulators are under no obligation to act within that timeline.

The appeal argues Massachusetts regulators exceeded their wholesale rate - setting authority, a violation of the Federal Power Act and the Supremacy Clause of the U.S. Constitution by usurping the authority of the Federal Energy Regulatory Commission.

The breach in one of the Sutton Plant's two unlined coal - ash ponds came as federal and state regulators are taking a new look at whether to reclassify coal ash as a hazardous material under the Resource Conservation and Recovery Act.

Currently, two out of the three federal bodies who are responsible authorities for environmental assessments under the Canadian Environmental Assessment Act, 2012 — the NEB and the Canadian Nuclear Safety Commission (CNSC)-- are regulators.

In Canada, there are a number of federal and provincial key pieces of legislation and regulators that govern the collection, use and storage of data such as the Personal Information Protection and Electronic Documents Act, which is the federal privacy law for private - sector organizations or the Office of the Privacy Commissioner.

In his current position, he will steer the CSTO as it leads all aspects of the transition to a national securities regulator, including the development of the federal Securities Act, collaborating with provinces and territories, and developing and implementing an organizational and administrative transition plan.

Even if regulators do not act, when a presale results in nothing more than profits for its promoter, a disgruntled investor will inevitably make a private securities fraud claim to try and claw back some of their capital; assuming a court will determine a presale of digital tokens to be a private placement of securities, any such federal claim would fall under Rule 10b - 5.

Regulators: Federal Reserve U.S. Office of the Comptroller of the Currency Federal Deposit Insurance Corporation U.S. Office of Thrift Supervision Federal Financial Institutions Examination Council (acts as coordinator)

Federal agencies can have broad police powers and federal regulators don't act independently to their whims, generally there is a long process of fact finding, diligence, evidence gathering and legal opinion before charges or allegations arFederal agencies can have broad police powers and federal regulators don't act independently to their whims, generally there is a long process of fact finding, diligence, evidence gathering and legal opinion before charges or allegations arfederal regulators don't act independently to their whims, generally there is a long process of fact finding, diligence, evidence gathering and legal opinion before charges or allegations are made.

The Act grants the FTC and other federal and state regulators enforcement authority over most organizations.

That bill, the Gramm - Leach - Bliley Act, gave federal regulators discretion to identify services that are financial in nature so that banks could provide them.

In the spring, the federal banking regulator, the Office of the Superintendent of Financial Institutions (OSFI), acted on alerts from industry insiders and ordered banks to stop relying so heavily on automated systems when approving mortgages.

Certain other consumer protection requirements were administered by other federal offices and agencies, such as the U.S. Department of Housing and Urban Development published the Real Estate Settlement Procedures Act (RESPA); however, enforcement of the requirements in banks was the responsibility of the federal bank regulators.

As part of their review of outdated or burdensome regulations, the federal bank regulators placed the HVCRE rule as their first priority in a joint report to Congress, as part of the Economic Growth and Regulatory Paperwork Reduction Act (EGRPRA) released in April.

In litigating to hold Clean Water Act regulators accountable to the courts for their decisions about whether private property is subject to strict federal regulation, this case follows up on PLF's previous Sackett v. EPA decision.

While OCC remains the prudential regulator for all national banks and federal savings associations, July 21, 2011, marked the anniversary of the Dodd - Frank Consumer Protection and Wall Street Reform Act.

Enacted in 1987, the Clean Water Act continues to be a source of confusion for both regulators and those subject to regulation — and just what land should fall under federal, as opposed to state or local, permitting authority.