Toward that end, it is important that for every one new regulation issued, at least two prior regulations be identified for elimination, and that the cost
of planned regulations be prudently managed and controlled through a budgeting process.
Not exact matches
Important factors that could cause actual results to differ materially from those reflected in such forward - looking statements and that should be considered in evaluating our outlook include, but are not limited to, the following: 1) our ability to continue to grow our business and execute our growth strategy, including the timing, execution, and profitability
of new and maturing programs; 2) our ability to perform our obligations under our new and maturing commercial, business aircraft, and military development programs, and the related recurring production; 3) our ability to accurately estimate and manage performance, cost, and revenue under our contracts, including our ability to achieve certain cost reductions with respect to the B787 program; 4) margin pressures and the potential for additional forward losses on new and maturing programs; 5) our ability to accommodate, and the cost
of accommodating, announced increases in the build rates
of certain aircraft; 6) the effect on aircraft demand and build rates
of changing customer preferences for business aircraft, including the effect
of global economic conditions on the business aircraft market and expanding conflicts or political unrest in the Middle East or Asia; 7) customer cancellations or deferrals as a result
of global economic uncertainty or otherwise; 8) the effect
of economic conditions in the industries and markets in which we operate in the U.S. and globally and any changes therein, including fluctuations in foreign currency exchange rates; 9) the success and timely execution
of key milestones such as the receipt
of necessary regulatory approvals, including our ability to obtain in a timely fashion any required regulatory or other third party approvals for the consummation
of our announced acquisition
of Asco, and customer adherence to their announced schedules; 10) our ability to successfully negotiate, or re-negotiate, future pricing under our supply agreements with Boeing and our other customers; 11) our ability to enter into profitable supply arrangements with additional customers; 12) the ability
of all parties to satisfy their performance requirements under existing supply contracts with our two major customers, Boeing and Airbus, and other customers, and the risk
of nonpayment by such customers; 13) any adverse impact on Boeing's and Airbus» production
of aircraft resulting from cancellations, deferrals, or reduced orders by their customers or from labor disputes, domestic or international hostilities, or acts
of terrorism; 14) any adverse impact on the demand for air travel or our operations from the outbreak
of diseases or epidemic or pandemic outbreaks; 15) our ability to avoid or recover from cyber-based or other security attacks, information technology failures, or other disruptions; 16) returns on pension
plan assets and the impact
of future discount rate changes on pension obligations; 17) our ability to borrow additional funds or refinance debt, including our ability to obtain the debt to finance the purchase price for our announced acquisition
of Asco on favorable terms or at all; 18) competition from commercial aerospace original equipment manufacturers and other aerostructures suppliers; 19) the effect
of governmental laws, such as U.S. export control laws and U.S. and foreign anti-bribery laws such as the Foreign Corrupt Practices Act and the United Kingdom Bribery Act, and environmental laws and agency
regulations, both in the U.S. and abroad; 20) the effect
of changes in tax law, such as the effect
of The Tax Cuts and Jobs Act (the «TCJA») that was enacted on December 22, 2017, and changes to the interpretations
of or guidance related thereto, and the Company's ability to accurately calculate and estimate the effect
of such changes; 21) any reduction in our credit ratings; 22) our dependence on our suppliers, as well as the cost and availability
of raw materials and purchased components; 23) our ability to recruit and retain a critical mass
of highly - skilled employees and our relationships with the unions representing many
of our employees; 24) spending by the U.S. and other governments on defense; 25) the possibility that our cash flows and our credit facility may not be adequate for our additional capital needs or for payment
of interest on, and principal
of, our indebtedness; 26) our exposure under our revolving credit facility to higher interest payments should interest rates increase substantially; 27) the effectiveness
of any interest rate hedging programs; 28) the effectiveness
of our internal control over financial reporting; 29) the outcome or impact
of ongoing or future litigation, claims, and regulatory actions; 30) exposure to potential product liability and warranty claims; 31) our ability to effectively assess, manage and integrate acquisitions that we pursue, including our ability to successfully integrate the Asco business and generate synergies and other cost savings; 32) our ability to consummate our announced acquisition
of Asco in a timely matter while avoiding any unexpected costs, charges, expenses, adverse changes to business relationships and other business disruptions for ourselves and Asco as a result
of the acquisition; 33) our ability to continue selling certain receivables through our supplier financing program; 34) the risks
of doing business internationally, including fluctuations in foreign current exchange rates, impositions
of tariffs or embargoes, compliance with foreign laws, and domestic and foreign government policies; and 35) our ability to complete the proposed accelerated stock repurchase
plan, among other things.
When you're
planning to exhibit at a show, it's important to know about the city you're visiting, as well as the rules and
regulations of the convention center, including the associated unions and contractors.
If you're going to start from scratch, be sure to check all the
regulations for retailing the specific type
of specialty food you are
planning to create.
For numerous small businesses — with tight budgets and a bevy
of rules and
regulations — sponsoring a
plan is simply too much
of a burden, which means that many employees are left out in the proverbial cold when it comes to retirement preparation.
Certain matters discussed in this news release are forward - looking statements that involve a number
of risks and uncertainties including, but not limited to, doubts about the Company's ability to continue as a going concern, the need to obtain additional funding, risks in product development
plans and schedules, rapid technological change, changes and delays in product approval and introduction, customer acceptance
of new products, the impact
of competitive products and pricing, market acceptance, the lengthy sales cycle, proprietary rights
of the Company and its competitors, risk
of operations in Israel, government
regulations, dependence on third parties to manufacture products, general economic conditions and other risk factors detailed in the Company's filings with the United States Securities and Exchange Commission.
«If the private
plan fails and the government decided to refer to the clause in Bank Recovery Resolution Directive (a European
regulation) that permits extraordinary financial support, government's popularity could be at risk
of severe deterioration,» he added.
Even if President Donald Trump completely dismantles existing environmental
regulations, many
of the country's corporate giants say they don't
plan to capitalize on that.
According to the American Bankers Association, the U.S. Department
of Health and Human Services recently issued a
regulation that would effectively eliminate the
plans from exchanges beginning next year, causing an estimated 2.8 million Americans to lose their coverage.
Installing each unit takes time and
planning to make sure it complies with
regulations, said Tom Davis, CVS Health's vice president
of pharmacy professional services.
Such risks, uncertainties and other factors include, without limitation: (1) the effect
of economic conditions in the industries and markets in which United Technologies and Rockwell Collins operate in the U.S. and globally and any changes therein, including financial market conditions, fluctuations in commodity prices, interest rates and foreign currency exchange rates, levels
of end market demand in construction and in both the commercial and defense segments
of the aerospace industry, levels
of air travel, financial condition
of commercial airlines, the impact
of weather conditions and natural disasters and the financial condition
of our customers and suppliers; (2) challenges in the development, production, delivery, support, performance and realization
of the anticipated benefits
of advanced technologies and new products and services; (3) the scope, nature, impact or timing
of acquisition and divestiture or restructuring activity, including the pending acquisition
of Rockwell Collins, including among other things integration
of acquired businesses into United Technologies» existing businesses and realization
of synergies and opportunities for growth and innovation; (4) future timing and levels
of indebtedness, including indebtedness expected to be incurred by United Technologies in connection with the pending Rockwell Collins acquisition, and capital spending and research and development spending, including in connection with the pending Rockwell Collins acquisition; (5) future availability
of credit and factors that may affect such availability, including credit market conditions and our capital structure; (6) the timing and scope
of future repurchases
of United Technologies» common stock, which may be suspended at any time due to various factors, including market conditions and the level
of other investing activities and uses
of cash, including in connection with the proposed acquisition
of Rockwell; (7) delays and disruption in delivery
of materials and services from suppliers; (8) company and customer - directed cost reduction efforts and restructuring costs and savings and other consequences thereof; (9) new business and investment opportunities; (10) our ability to realize the intended benefits
of organizational changes; (11) the anticipated benefits
of diversification and balance
of operations across product lines, regions and industries; (12) the outcome
of legal proceedings, investigations and other contingencies; (13) pension
plan assumptions and future contributions; (14) the impact
of the negotiation
of collective bargaining agreements and labor disputes; (15) the effect
of changes in political conditions in the U.S. and other countries in which United Technologies and Rockwell Collins operate, including the effect
of changes in U.S. trade policies or the U.K.'s pending withdrawal from the EU, on general market conditions, global trade policies and currency exchange rates in the near term and beyond; (16) the effect
of changes in tax (including U.S. tax reform enacted on December 22, 2017, which is commonly referred to as the Tax Cuts and Jobs Act
of 2017), environmental, regulatory (including among other things import / export) and other laws and
regulations in the U.S. and other countries in which United Technologies and Rockwell Collins operate; (17) the ability
of United Technologies and Rockwell Collins to receive the required regulatory approvals (and the risk that such approvals may result in the imposition
of conditions that could adversely affect the combined company or the expected benefits
of the merger) and to satisfy the other conditions to the closing
of the pending acquisition on a timely basis or at all; (18) the occurrence
of events that may give rise to a right
of one or both
of United Technologies or Rockwell Collins to terminate the merger agreement, including in circumstances that might require Rockwell Collins to pay a termination fee
of $ 695 million to United Technologies or $ 50 million
of expense reimbursement; (19) negative effects
of the announcement or the completion
of the merger on the market price
of United Technologies» and / or Rockwell Collins» common stock and / or on their respective financial performance; (20) risks related to Rockwell Collins and United Technologies being restricted in their operation
of their businesses while the merger agreement is in effect; (21) risks relating to the value
of the United Technologies» shares to be issued in connection with the pending Rockwell acquisition, significant merger costs and / or unknown liabilities; (22) risks associated with third party contracts containing consent and / or other provisions that may be triggered by the Rockwell merger agreement; (23) risks associated with merger - related litigation or appraisal proceedings; and (24) the ability
of United Technologies and Rockwell Collins, or the combined company, to retain and hire key personnel.
Elaine Chao, the President - elect's pick for Secretary
of Transportation,
plans to push for less
regulation for ride - sharing companies and wants more Americans to take part in the gig economy.
Investors, however, have generally embraced the new rounds
of regulation, as major U.S. agencies including the SEC have indicated no
plans to outright ban cryptocurrencies.
NEW
REGULATION COULD HELP GENETIC HEALTH RISK TEST PROVIDERS: The commissioner
of the Food and Drug Administration (FDA), Scott Gottlieb, announced
plans to restructure the regulatory process around direct - to - consumer genetic health risk tests.
A slew
of new
regulations passed in 2006, including the sweeping Pension Protection Act, affect everything from phone bills to 401 (k)
plans.
The move, which would dramatically pare down federal
regulations on small businesses (earlier in the day, Trump told reporters he wants to eliminate «a little more than 75 percent»
of the current
regulations), is not unexpected — Trump included the executive order in his
plan for his first 100 days in office.
Early in his presidency, he exaggerated that the country had «picked up 45,000 mining jobs in a very short period
of time,» adding that he
planned to do away with onerous
regulation surrounding the industry.
Last summer, Senators Angus King and Roy Blunt tried with the Regulatory Improvement Act
of 2013, which calls for a committee to come up with a
plan to review, simplify, and cut federal
regulations.
Because they're technically tax - qualified retirement
plans, they are governed by a thick stack
of regulations.
It adds layers
of obligations,
regulations, costs, and pressures to the already challenging daily grind
of running a business, not to mention hundreds
of hours
of planning, meetings with bankers and lawyers, and travel in preparation for the biggest event in the company's history.
Mallouk, president and CIO
of Creative
Planning, and Carson, CEO and founder
of the Carson Group, both said they would tell Trump not to roll back
regulations on the Department
of Labor's fiduciary rule, which says if an advisor is working with a client on a retirement
plan, they need to act in the client's best interest.
Raising the specter
of Reg FD (
Regulation Fair Disclosure), which prohibits companies from disclosing material information to some groups instead
of others, the details presented to the Harvard attendees were in some respect more extensive than those provided to the public in July on J.P. Morgan's resolution
plans.
The
plan will include imposing a temporary moratorium on new federal
regulations and reviving Transcanada Corp's Keystone pipeline project, according to an outline
of his economic speech seen by Reuters.
I fear that many traps for the unwary are hidden in the
regulations, creating potential nightmares for small business owners that fail to place regulatory compliance at the top
of their business
plans,» Piwowar said.
Trump, a self - professed fan
of junk food, has not been explicit on what he
plans to do with food policy, although he campaigned for the Nov. 8 election on a broad promise to undo
regulations on business.
But Trump said he told Cook that he was
planning a big tax cut and the elimination
of many
regulations that raise costs for companies operating in the United States.
The project is one
of a growing number
of planned battery farms in California and other states, as utilities look for better and greener options to generate and deliver energy to their customers and meet the state's
regulations.
Gottlieb has spearheaded the FDA's overhaul
of tobacco
regulation, including a
plan to lower nicotine content in cigarettes to minimally or nonaddictive levels.
On April 8, 2016, the Department
of Labor (Department) published a final
regulation (Fiduciary Rule or Rule) defining who is a «fiduciary»
of an employee benefit
plan under section 3 (21)(A)(ii)
of the Employee Retirement Income Security Act
of 1974 (ERISA or the Act) as a result
of giving investment advice to a
plan or its participants or beneficiaries.
These
regulations would affect participants in, beneficiaries
of, employers maintaining, and administrators
of tax - qualified
plans that contain cash or deferred arrangements or provide for matching contributions or employee contributions.
In view
of the growth in DC
plans in recent years, it should probably be said that the inquiries devote less attention to the
regulation of DC
plans than is warranted.
The Washington Securities Division is
planning to propose rules to preserve filing requirements in connection with offerings
of securities to be made under Tier 2
of the Securities and Exchange Commission's newly adopted rules for
Regulation A offerings.
We note that, in accordance with Rule 14 (a)-6 (a), Apple was not required to file preliminary proxy materials with the Commission because the matters to be acted on at the meeting are limited to (1) the election
of directors, (2) the ratification
of accountants, (3) a vote on an advisory resolution to approve executive compensation, (4) the approval
of the
Plan described above, which is a «plan» as defined in paragraph (a)(6)(ii) of Item 402 of Regulation S - K, and (5) shareholder proposals pursuant to Rule 14a
Plan described above, which is a «
plan» as defined in paragraph (a)(6)(ii) of Item 402 of Regulation S - K, and (5) shareholder proposals pursuant to Rule 14a
plan» as defined in paragraph (a)(6)(ii)
of Item 402
of Regulation S - K, and (5) shareholder proposals pursuant to Rule 14a - 8.
Seeking Certainty in Uncertain Times: A review
of recent government - sponsored studies into the
regulation of Canadian pension
plans.
This document contains proposed amendments to the definitions
of qualified matching contributions (QMACs) and qualified nonelective contributions (QNECs) under
regulations relating to certain qualified retirement
plans that contain cash or deferred arrangements under section 401 (k) or that provide for matching contributions or employee contributions under section 401 (m).
The new
regulations extend the accommodation available to religiously affiliated nonprofit employers to closely held2 for profit corporations that have adopted a resolution establishing that the corporation objects to some or all contraceptive services on account
of the owners» sincerely held religious beliefs.3 Starting in the new
plan year, Hobby Lobby and other closely held corporations with religious objections will be required to notify their insurer, third party administrator, or HHS so that the insurer or administrator can still provide the contraceptive coverage directly to the employees and their dependents.
Among the things that prompted the creation
of the inquiries were: financial difficulties facing DB pension
plans and related concerns about DB funding rules; long simmering and unresolved legal issues, the most prominent
of which revolve around the use
of surpluses in DB
plans; ambiguity about how EPP
regulations apply to new hybrid
plans; a lack
of harmonization among Canadian regulatory laws; and declining coverage by EPPs in general and DB
plans in particular.
This resulted in a range
of policies — from the Clean Power
Plan to methane
regulations for oil and gas drilling — that now face uncertainty or complete rescindment.
The federal government is expected to release a draft framework
of the Clean Fuel Standard in the months ahead, with
plans to design the
regulation in 2018.
Although the impact
of deregulation can be difficult to quantify, one study by Bloomberg Intelligence suggests that the Treasury Department's
plan to ease
regulation could free up a combined $ 124 billion
of capital to return to shareholders.1
Thus, reforms like stricter
regulations on brokers, disclosure
of 401 (k) fees, or requiring
plan sponsors to offer more lower - cost index funds, would be band - aids; they wouldn't fix this fundamentally broken system.
The decision is part
of the
planned legislation for harmonising Irish law with the EU's General Data Protection
Regulation (GDPR), which comes into force on 25 May.
We think the basis
of regulation of greenhouse gases and air pollution should be the polluter pay principle, and this will be the basis
of the
plans we bring forward.
Such risks and uncertainties include, but are not limited to: our ability to achieve our financial, strategic and operational
plans or initiatives; our ability to predict and manage medical costs and price effectively and develop and maintain good relationships with physicians, hospitals and other health care providers; the impact
of modifications to our operations and processes; our ability to identify potential strategic acquisitions or transactions and realize the expected benefits
of such transactions, including with respect to the Merger; the substantial level
of government
regulation over our business and the potential effects
of new laws or
regulations or changes in existing laws or
regulations; the outcome
of litigation, regulatory audits, investigations, actions and / or guaranty fund assessments; uncertainties surrounding participation in government - sponsored programs such as Medicare; the effectiveness and security
of our information technology and other business systems; unfavorable industry, economic or political conditions, including foreign currency movements; acts
of war, terrorism, natural disasters or pandemics; our ability to obtain shareholder or regulatory approvals required for the Merger or the requirement to accept conditions that could reduce the anticipated benefits
of the Merger as a condition to obtaining regulatory approvals; a longer time than anticipated to consummate the proposed Merger; problems regarding the successful integration
of the businesses
of Express Scripts and Cigna; unexpected costs regarding the proposed Merger; diversion
of management's attention from ongoing business operations and opportunities during the pendency
of the Merger; potential litigation associated with the proposed Merger; the ability to retain key personnel; the availability
of financing, including relating to the proposed Merger; effects on the businesses as a result
of uncertainty surrounding the proposed Merger; as well as more specific risks and uncertainties discussed in our most recent report on Form 10 - K and subsequent reports on Forms 10 - Q and 8 - K available on the Investor Relations section
of www.cigna.com as well as on Express Scripts» most recent report on Form 10 - K and subsequent reports on Forms 10 - Q and 8 - K available on the Investor Relations section
of www.express-scripts.com.
There appears to have been an assumption that this disclosure is required, because these funds constitute «Designated Investment Alternatives,» a term defined by the applicable disclosure
regulations as «an investment alternative designated by the
plan into which participants and beneficiaries may direct the investment
of assets held in, or contributed to, their individual accounts.»
On March 15, Chris Giancarlo, the acting chairman
of the Commodity Futures Trading Commission, announced a three - pronged
plan to renovate derivatives
regulation that he called Project KISS, which...
In plain English, our members are fearful that with these new complex tax
regulations family businesses — the «golden goose»
of Canada's economy — will be hit with higher taxes, fewer retirement and estate
planning options, compensation restrictions for family members, and significant compliance costs.
On Tuesday, Arizona's director for policy and communications at the state's department
of transportation, Kevin Biesty, said existing
regulations were sufficient and that the state had no immediate
plans to issue new rules.
In order to meet this goal and to comply with the requirements under the Integrated Accessibility Standard (Ontario
Regulation 191/11
of the Accessibility for Ontarians with Disabilities Act, 2005)(the «IASR»), Franklin Templeton has developed the following multi-year accessibility
plan.
The National Association
of Manufacturers applauds Trump's
plan to reduce taxes and
regulations.